Production and Refining

Gazprom Neft increases sale of jet fuel in foreign airports by 32%

Gazpromneft-Aero, the operator of the Gazprom Neft’s jet fuel business, increased the amount of kerosene into-plane refueling by 3% in the first half of the year, the company reported.

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Biaksplen sells the production of cast-coatings from polypropylene of Omsk "Planeta Center".

Biaksplen (part of SIBUR Holding) has closed a deal to sell a polypropylene cast- coatings production site in Novokuybyshevsk, the Samara Region, the company informs.

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Kazanorgsintez increases revenue from sales of polyethylene.

This was made possible thanks to increased sales volumes and higher prices.

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Russian refineries of Lukoil increased its refining by 1.8%, and 2.2%

Lukoil’s refineries increased processing volumes by 2% in the first six months of the year. In Russia, this figure grew by 1.8%, according to the company's report.

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Ukrainian coal stocks decreased by a third for the year

As of August 12, 2019, coal stocks at power plants of the Ukraine were 1.083 million tons, which is by 37% less than as of August 12, 2018.

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Surgutneftegaz produced 29.9 million tons of oil in the first half of 2019

In the first six months of 2019, oil production of Surgutneftegaz amounted to 29.9 million tons.  Compared to the same period of the previous year, the figure increased by 0.5%.

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Rosneft switches to payments in euro

Traders believe that the company is trying to reduce risks of possible US sanctions

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Salavat catalyst plant to invest 1.5 billion rubles in production in Orenburg region

The Orenburg Sulfidating Company LLC (a subsidiary of Salavat Catalyst Plant LLC, SkatZ, Bashkiria) intends to organize production of a dimethyl sulfide catalyst modifier for petrochemicals in the

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Ufaorgsintez recorded a loss on sales of 96 million instead of profit a year earlier

Ufaorgsintez (petrochemical asset of Bashneft) reduced its net profit by 18% in the first six months of the year.

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Gazpromneft increased capital expenditures at its refineries by 50% to 47 billion in H1

Gazpromneft increased its capital investments in oil processing by almost 50% in the first six months of 2019 compared to the same period, it follows from the company's IAS statements.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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