Refining

Russian Ministry of Finance proposes to increase MET for oil companies

The Finance Ministry of the Russian Federation has made a proposal to the authorities to increase the mineral extraction tax (MET) for oil structures to partially compensate for the growth of subsi

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SOCAR completes design works on gas chemical complex in Azerbaijan

SOCAR has completed the primary engineering and design of a new gas processing and polymer complex GPC in Garadagh district of Baku, the Interfax reports citing the company's president Rovnag A

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Tatarstan plans to develop new program of petrochemical industry development

During the annual address to the State Council, Tatarstan’s President Rustam Minnikhanov has stated the need to develop and adopt a new program for the development of the petrochemical comple

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500 persons to work at new oil refinery in Kazakhstan

Site with area of 100 hectares have been allocated for construction of an oil refinery in the Zhanaarka district of the Karaganda region in Kazakhstan.

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Russian Ministry of Economic Development expects increase in import of chemical products by 6.4%

In 2018, the growth in exports from Russia of chemical complex products in physical terms will be 3.8% year on year, in value - 15%, the TASS reported citing data from the Ministry of Economic Deve

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FAS: There is enough petrol

The deputy head of the Russian Federal Antimonopoly Service Anatoly Golomolzin said on Friday that the accumulated reserves of petroleum products were enough to provide the domestic market for the

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In September, about 3.5 mln tons of environmentally safe diesel fuel produced in Russia

736.4 thousand tons of high-octane gasoline of the 5th ecological class were produced in Russia for a week, in September - 1 826.5 thousand tons, the Russian Ministry of Energy reported.

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New Stream has the flow interrupted.

Oil refineries are suddenly left without oil.

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Sibur to allocate over 11 bln rubles for dividends for H1

Shareholders of Sibur have decided to pay dividends on results of the first six months of 2018 in the amount of 5.06 rubles per ordinary share.

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SOCAR plans to export two thirds of carbamide from its new plant to Turkey

SOCAR (state oil company of Azerbaijan) is preparing to launch a complex of carbamide and ammonia production. Most of the products are planned to be exported, Interfax reports.

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