Production and Refining

Gazprom Neftekhim Salavat stops polyethylene production for planned repair from July 1

Gazprom Neftekhim Salavat has stopped production capacity of polyethylene for scheduled repairs, the Market Report informs.

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State Duma adopts in second reading bill on excess profits tax and reduction in excise taxes on fuel

The State Duma adopted in the second reading a bill on the introduction of tax on excess profits from the production of hydrocarbons and the reduction of excise taxes on fuel.

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A new acceptance point to be built on the territory of the Afip Oil Refinery.

Glavgosexpertiza of Russia has considered the construction project on the territory of the Afip Oil Refinery of the acceptance point.

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Output of petrol and diesel fuel in Russia grows

In the first six months of 2018, petrol production in Russia increased by 2.2% compared to the figure of 2017 and reached the level of 19.2 million tons.

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Belarus estimates consequences of tax maneuver in Russian oil industry

Belarus has considered consequences of Russia's tax maneuver in the oil industry to be sensitive, it will focus on accelerating modernization of refineries to reduce its effect, but will not be

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Surgutneftegaz continues to keep prices at filling stations at level of May 30

Surgutneftegaz fulfills the promise to keep retail fuel prices at the level of May 30. This was announced by the company's general director Vladimir Bogdanov.

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Independent filling stations lose a third of their clients

Independent filling stations have lost about 30% of their customers because of increase in gasoline prices.

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In June oil production in Russia falls by 4.7% below the starting point of OPEC +.

In June 2018 the production of oil with gas condensate in Russia amounted to 45.28 million tons, which is 1.1% higher than the level of the same month of the previous year, according to the FSBI &q

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TAIF increases export of petrol due to launch of new enterprise

TAIF supplied abroad excess fuel, which appeared in connection with launch of a new complex. The company believes that this could not affect Russian prices, the RBC reports.

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