Production and Refining

Saratov refinery to increase taking of vacuum gas oil to 96%

In 2018, the Saratov refinery of Rosneft plans to invest 2.064 billion rubles in its development, as it follows from the materials prepared for the annual meeting of shareholders.

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The prices for suspended PVC of Russian production to grow by 2 thousand in July.

The cost of suspended polyvinyl chloride (PVC-S) will increase by an average of 2 thousand roubles per ton in July.

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FAS interferes in fight with fuel markup

The Russian Government can strengthen the manual regulation of the fuel market.

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Production of jet fuel at Atyrau refinery grows 12 times

Total volume of jet fuel production by all refineries of Kazakhstan has made up 950 thousand tons per year. Deputy chairman for transportation, processing and marketing of oil of KazMunayGas D.

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TAIF to spend its net profit on development, investments over the year made up 74 bln

Shareholders of TAIF have decided to spend all its net profit for 2017 on development of the group of companies.

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In January-May 2018, Turkmenbashi complex of refineries increased production by 24%

In January-May 2018, production at the Turkmenbashi complex of oil refineries (TKNPZ) increased by 24% compared to the same period in 2017.

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K.Bozumbayev states there is no other way except ban on Russian petrol import

The Energy Minister of Kazakhstan K. Bozumbayev has commented on the situation around the temporary ban on the import of Russian AI-92 petrol by rail. He made this statement on June 27, 2018.

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The Federation Council invites A. Novak to a meeting on fuel prices

Minister of Energy A. Novak will spoke to the Upper House of Parliament within the "government hour" on July 13, 2018.  Speaker V.

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Kazakhstan expects to increase oil processing to 16 mln tons in 2018

Kazakhstan has expected to increase the total volume of oil processing by more than 1 million tons in 2018.

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TAIF estimates investment in the development of its enterprises at 2 trillion until 2030

TAIF estimates investments in the development of subsidiaries at more than 2 trillion rubles for the period until 2030, it follows from the materials of the group prepared for the annual meeting.

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