Production and Refining

FAS allows Gazprom Neft to acquire 25 gas stations in Moscow and the Moscow region

The Federal Antimonopoly Service (FAS) granted the petition from Gazprom Neft Center (a subsidiary of Gazprom Neft) to acquire 25 gas stations in Moscow and the Moscow Region.

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In 2018, Lukoil’s profit from sale was over 8bln rubles

In 2018, Lukoil’s revenues rose by 35.4% and amounted to 8 035.9 billion rubles. The EBITDA increased to 1 114.8 billion rubles, which is by 34.1% more than in 2017.

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Surgut condensate stabilization plant increases output of diesel fuel by 8% thanks to the replacement of catalysts

Gazprom pererabotka has increased the volume of diesel fuel production at the Condensate Stabilization Plant (ZSK).

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In January, output of diesel fuel in Kazakhstan grew by 11%

In January, Kazakhstan's refineries increased production of diesel fuel by 10.6%, petrol - by 31.5%, mass media reported.

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Russian refineries lost about 55 billion rubles from sale of fuel in domestic market

The loss of Russian refineries from the sale of fuel in the domestic market in January-February 2019 could reach 55 billion rubles.

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Russian gas processing to develop with deepening of ethane extraction and growth in petrochemical capacities

Russia ranks first in natural gas reserves, but our gas chemistry sector is only gaining momentum.

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Russia may reach a decrease in oil production by 228 thousand barrels by the end of March 2019.

Russia can achieve an average daily decrease in oil production under the OPEC + agreement by 228 thousand barrels by the end of March 2019, according to the head of the Ministry of Energy Aleksandr

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Can Belarus do without Russian oil?

Belarus, by and large, will be able to do without compensation from Russia for the tax maneuver and without Russian oil.

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Tatneft ships the first batch of diesel fuel of 30 thousand tons in port of Primorsk

Tatneft has begun shipping diesel fuel produced at facilities of TANECO in the port of Primorsk, the press centre of the Primorsk commercial port.

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Sibmetakhim reduces methanol production by 1.5% to 877 thousand tons in 2018

Sibmetakhim LLC, which is part of the Vostokgazprom group of companies, has reduced methanol production by 1.5% in 2018,  an official message says.

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