Production and Refining

In H1, Rosneft increased sale of petrochemical products by 15%

Rosneft has increased sales of petrochemical products by 15.4% in the first six months of the year.

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In H1, Sibur’s net profit fell by 30%

In the first six months of 2018, the net profit of Sibur under IAS decreased by 30.3% compared to the first half of 2018 and amounted to 45.87 billion rubles.

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SOCAR Turkiye Enerji forecasts revenue of $0.5 billion per year from the activities of the STAR refinery

The annual income from the activity of the STAR refinery constructed by SOCAR Turkiye Enerji (Turkish subsidiary of SOCAR), will be $500 million a year, the head of the subsidiary Zaur Gakhramanov

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Oil companies ask additional 3 trln rubles from Vladimir Putin

Although the law on the tax maneuver has been adopted in the final reading, the largest oil companies intend to meet with the Russian President Vladimir Putin to discuss the issue of further increa

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In Q2, Russian refineries of Rosneft increased processing volumes by 1.9%

Rosneft increased processing at its Russian refineries by 1.9% in the second quarter of 2018. The total volume of the processing grew by 1.4%, as it follows from the company's report.

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In 2019, construction of new petrochemical complex of SOCAR to start in Turkey

Construction of SOCAR’s petrochemical complex in Turkey is scheduled for June 2019. This was reported by SOCAR Turkey Enerji.

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New Stream finds anti-crisis manager

As it has become known to the Kommersant, against the background of possible change of shareholders of New Stream oil refining group, personnel changes have begun in it.

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In 2018 LUKOIL to supply Uralkali with more than 20 thousand tons of oils and lubricants

LUKOIL won a new tender for the supply of lubricants for Uralkali's enterprises. LLK-International, a subsidiary of LUKOIL, reported this on August 3, 2018.

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Turkish refinery STAR receives first shipment of oil from Azerbaijan

On Friday the STAR refinery, built in Izmir (Turkey) by SOCAR Turkiye Enerji,  received the first shipment of Azeri Light oil of 80,000 tons, CEO of SOCAR Turkiye Enerji Zaur Gahramanov said.<

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The main works on construction of ZapSibNeftekhim in Tobolsk to be completed by the end of 2018

Construction readiness of the ZapSibNeftekhim plant is 83.5%. This was reported by the press centre of the Tobolsk site of Sibur.

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