Production and Refining

In October 2018 progress in the construction of the Amur GPP reached 21.6%

In October 2018, construction began on the 4th technological line of Gazprom's Amur Gas Processing Plant. The overall construction progress is 21.6%. This was reported by NIPIGAZ.

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In Q3, Lukoil increased output of oil products by 5%

Lukoil’s refineries increased petroleum products output by 0.7% in the first three quarters of this year compared to the same period last year due to the increase in the load of a number of r

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Lukoil successfully finished Q3

Lukoil has shown a strong growth in financial indicators, but the company's results were pressured by the lag in the dynamics of prices for petroleum products in Russia from export netbacks.

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Rosneft and Beijing Gas create a joint venture for the development of a network of gas stations in the Russian Federation.

Rosneft and the Chinese company Beijing Gas create a joint venture to develop a network of gas filling stations in the Russian Federation, Beijing Gas will receive a 45% stake, the Russian company

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Independent filling stations may increase price of fuel by 4% from level of large players

Independent filling stations have been allowed to increase retail price of fuel by 4% higher than large oil companies, and this will not be the reason for their inspection, but it is still not enou

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Rosneft increases supply of petrol to domestic market and reduces export

In October 2018, Many Russian oil companies increased the shipment of all petrol for export compared to September by 28.2 % to 286.9 thousand tons, as it follows from the data of the Central Dispat

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SOCAR: Share of local petroleum products in Azerbaijani energy balance may grow

Local content of petroleum products in the energy balance of Azerbaijan may increase after completion of modernization of the refinery named after Heydar Aliyev.

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In 10 months of 2018, Turkmenbashi refineries complex increased production and shipment of products by more than 48%

The Turkmenbashi complex of oil refineries (TKNPZ) increased production and shipment of products by 48.5% in January-October 2018.

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Izhora Plants to manufacture large-scale equipment for Omsk Refinery's new production facility

The Izhora plants belonging to the OMZ group have entered into an agreement with Gazprom Neft's Omsk refinery to manufacture large-scale equipment for the diesel hydrotreatment unit under const

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