Production and Refining

About 7.7 bln rubles to be allocated for upgrade of oil refinery in Kuban

About 7.7 billion rubles will be invested into the modernization of an oil refinery in the Slavyansky district of the Krasnodar region.

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The fourth oil refinery to be built in the Karaganda Region.

The fifth annual conference "Oil Refining and Petrochemistry of the Caspian Sea and Central Asia" will be held in Almaty on December 4-5.

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Gazprom Proektirovanie to create gas chemical complex in Irkutsk region

A subsidiary of the Russian concern Gazprom, Gazprom Proektirovanie, has won tender for preparation of a feasibility study for opening of a large gas chemical complex in the Irkutsk region.

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Stabilization of fuel market has already cost Lukoil 8.5 bln rubles

The lost profit of Lukoil for 4 months of stabilization of the Russian fuel market has amounted to about 8.5 billion rubles. This was stated by head of the company Vagit Alekperov on Monday.

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In January-October, TANECO complex increased crude oil processing by 9%

In October, Tatneft’s complex of oil processing and petrochemical production TANECO actually kept the performance compared to the previous year, the company reports.

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Solntsevsky coal mine on Sakhalin suspends coal supplies for regional boiler-houses

The Solntsevsky coal mine, the largest in the Sakhalin region, suspended the shipment of coal to 9 companies that deliver it to the boilers of the region.

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TANECO may start supplying automotive petrol in December 2018

The complex of refineries and petrochemical enterprises of Tatneft TANECO has expected to receive the first batch of petrol of higher environmental class closer to the end of 2018.

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TANECO expects to complete construction of refinery's second stage in 2026

TANECO, Tatneft's complex of oil refining and petrochemical industries, plans to complete the construction of objects of the second stage in 2026.

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Russneft signs agreement on fuel market stabilization

Russneft has signed an agreement to stabilize fuel market. This was reported by a representative of the company.

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The output of polyvinyl chloride in Russia increases by 10% in October 2018.

Domestic enterprises increased the production of unmixed polyvinyl chloride (PVC) by 7% over January-October. Capacity utilization has increased all the factories, Market Report informs.

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