Russia Oil and Gas
The tender of Samaraneftegaz to perform drilling operations for 42 production wells at oil fields in the Samara region has been won by drilling company PNG.
The prices of petrol on the commodity exchange continue to grow against the background of the unplanned production cuts at the Ufa refinery, which now belongs to Rosneft.
Transneft, Tatneft, Lukoil and Surgutneftegaz have succeeded in annulling their counterparts from the public register of UK companies.
The Moscow oil refinery plant of Gazprom Neft has held the assembly of equipment at the primary oil processing unit crude vacuum unit-6.
Stroytransneftegaz has completed the construction of more than 50% (305 km) of its section of Power of Siberia gas pipeline, the company reports.
In February 2017, oil imports from Russia to China increased by 4.5% compared to the same period last year to 4.29 million tons, or about 1 million barrels per day.
On March 29, Transneft will begin placing bonds of the BO-001R-06 series to the amount of 20 billion rubles for a period of four years, it follows from the materials of the company.
The extraction of the JV of Lukoil and Wintershall, Volgademinoil, made up 5.3 mln barrels of oil equivalent in 2016.
Venezuelan authorities have sent a directive to further reduce the oil production at several fields in the Orinoco belt to fulfill the agreement with the OPEC.
Russneft reduced its net profit under RAS by 5.4 times to 13.844 bln roubles in 2016, the company reports.