Russia Oil and Gas

Energy Minister of Saudi Arabia: Sibur may enter project of Saudi Aramco and Total

Russian company Sibur may enter into a joint petrochemical project of Saudi Aramco and French Total in Saudi Arabia.

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Saudi Aramco may create joint ventures on oil processing with Rosneft and Lukoil

Oil giant Saudi Aramco is considering the possibility of establishing joint ventures with Russian companies Rosneft and Lukoil in the oil processing industry and carrying out swap operations for th

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Dmitry Medvedev: US LNG to be 40% more expensive for Europe than any Russian gas

American LNG supplies to Europe will be 40% more expensive than any Russian gas. This was stated by Prime Minister Dmitry Medvedev.

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In the first 9 months 2018, Krasnoyarsk region increased oil production by 7% to 18.6 mln tons

In January-September 2018, oil and gas condensate production in the Krasnoyarsk region increased by 7% compared to the same period in 2017 and amounted to 18.62 million tons.

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Gazprom Neftekhim Salavat increased production of ethylene and diesel fuel by almost 30% in the first 3 quarters

Gazprom Neftekhim Salavat has summed up work of its production complex in the first three quarters of this year.

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Novatek and German Fluxys plan to build LNG-terminal in Rostock

A joint venture between Novatek and the Belgian gas transportation operator Fluxys has planned to build an LNG terminal in the port of Rostock in Germany.

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Sibur plans to complete settlements on purchase of Eurobonds for $192 mln on October 19

Sibur has completed the buyback of a part of Eurobonds withinthe tender, announced by the company on October 9, the press centre of the company informs.

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Gas supply to allow Sakhalin to save 22 bln rubles

The Sakhalin region will save 22 billion due to the program of gas provision by 2035. This was announced by deputy chairman of the government of the Sakhalin region V.

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Russia offers ExxonMobil new projects.

Earlier, Exxon abandoned a number of projects in the Russian Federation because of sanctions.

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