Refining

Over the week, vertically integrated companies sold over 452 thousand tons of petroleum products on commodity exchange

The Energy Ministry of Russia has held a regular meeting of headquarters for monitoring the production and consumption of petroleum products.

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In 2019, Transneft may increase supply of oil to Russian oil refineries by 2%

Transneft has supplied 249.5 million tons of oil to Russian refineries. 230.5 million tons were pumped for export. In 2019, imports will continue to decline.

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Novatek reduces gas condensate processing at Purovsky gas condensate processing plant and in Ust-Luga

Novatek has reduced volume of gas condensate processing at the Purovsky gas condensate processing plant by almost 4%, at the Ust-Luga complex - by 0.2%, it follows from the company's final repo

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Riyadh plans to invest in the Russian petrochemical industry

Saudi Arabia has intended to invest billions of dollars in Russia's petrochemical industry. This was reported by the Minister of Energy, Industry and Mineral Resources Khaled al-Falih.

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Benefits promised to independent oil refineries, but the plant must invest 300 bln rubles in modernization

The Russian Government has given a chance to maintain the profitability of nine oil refineries of the second tier by concluding agreements with them to obtain a reverse excise (tax deduction).

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Over a year, import of suspension polyvinyl chloride in Russia fell almost three times

Last year, 16.1 thousand tons of suspension polyvinyl chloride were delivered to the domestic market. A year earlier, this figure reached 48.9 thousand tons, the Market Report informs.

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In 2018, Belarusian oil refineries processed about 18 mln tons of oil

In 2018, Belarusian oil refineries processed about 18 million tons of oil. We are talking about the Naftan and Mozyr oil refinery.

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Sibur concluded 100 contracts with Russian enterprises in December

In December, Sibur signed more than 100 contracts with 54 Russian enterprises for supply of equipment and building materials for a complex for deep processing of hydrocarbon raw materials Zapsibnef

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Rosneft's German subsidiary begins direct sales of petroleum products in Germany

Rosneft Deutschland GmbH, a subsidiary of Rosneft, has launched direct sales of petroleum products in order to increase efficiency, Rosneft said in a statement.

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In 2018, production of petrol in Kazakhstan increased by 29.8%

In January-December 2018, production of petrol in Kazakhstan amounted to 3.969 million tons, which is by 29.8% more than in 2017.

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