Refining

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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SOCAR Polymer plans to export about 220 thousand tons of polyethylene and polypropylene in 2019

SOCAR Polymer (managed by SOCAR) has planned to produce 80-100 thousand tons of low-pressure polyethylene in the current year.

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Sakhalin plans to increase oil refining volumes

The management of Petrosakh, the owner of the only refinery in Sakhalin, has declared its readiness to produce more products.

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Ufaneftekhim to carry out reconstruction of aromatics complex

Bashneft-Ufaneftekhim will conclude three contracts with Moscow company Brav-TR for construction and installation works on reconstruction of an aromatics complex, it follows from the data of the pu

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The tactics of changing petrol prices in Belarus to remain the same.

The tactics of price changes for automotive fuel in 2019 will remain the same, the chairman of the Belneftekhim concern Andrey Rybakov told journalists.

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The agreement on fuel prices with oil companies is in effect for the last month.

Automotive fuel at Russian petrol stations is cheaper for the second week in a row. The main reason is low seasonal demand and market conditions.

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Ufaorgsintez to supply ethylene for 1.4 bln rubles to Bashkir Soda Company

Ufaorgsintez (subsidiary of Bashneft) and the Bashkir Soda Company (BSK) have signed a contract for the supply of petroleum products (ethylene).

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In 2018 Elkhovsky Refinery refined 479.6 thousand tons of oil

In 2018, Tatneft's Elkhovsky Oil Refinery accepted 479.6 thousand tons of oil for processing and produced 213.9 thousand tons of finished products.

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New oil and gas processing projects considered in Yakutia

Working groups have been created to consider possibility of creating new oil and gas processing projects in Yakutia. This was reported by the Ministry of Industry and Geology of the republic.

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In 2018, Rosneft increased exchange trading with fuel in small wholesale segment by 74%

In 2018, Rosneft sold more than 180 thousand tons of motor fuel at open exchange trading in the small wholesale segment, which is by 74% more than in 2017, the company reported.

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