Russia Oil and Gas

Oil production at South-Izmailovskoye field to grow to 43 thousand tons per year

Saratov branch of the Directorate-General for State Environmental Review of the Russian Federation has considered and approved a project of development of production wells at the South-Izmailovskoy

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Kazanorgsintez doubles production of cast polycarbonate grades in 2018

Kazanorgsintez (KOS, part of TAIF GROUP) increased production of polycarbonates (PC) by 17% in January-July of this year.

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Novatek and Belgium Fluxys file application on creating joint venture for LNG storage in Germany

Novatek and Belgian Fluxys have filed a petition to the Federal Antimonopoly Office of Germany (Bundeskartellamt) to establish a joint venture in the field of liquefied natural gas storage in the c

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Russia and the Czech Republic discuss implementation of Nord Stream-2 project

Representatives of Russia and the Czech Republic has discussed the implementation of the Nord Stream-2 project. This was reported on the website of the Russian Energy Ministry.

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Gazprom is allowed to reduce dividends

Gazprom will direct less than 50% of its net profit under IAS to paying dividends for 2018. On Monday, this was said by Finance Minister Anton Siluanov.

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Lukoil buys 390.8 thousand shares within buyback

Lukoil Securities Limited, a subsidiary of Lukoil, bought 390 816 shares (0.05% of the authorized capital of the issuer) from September 12 to September 14 in the course of six transactions on the m

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In 2018, transshipment of petroleum products through Ust-Luga grew to 19.5 mln tons

Transshipment of oil cargo through the port of Ust-Luga decreased by 8%, including oil transshipment decreased by 17%, and petroleum products - increased by 1%, the mass media reported.

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The Development Bank of China is studying cooperation with NOVATEK on the project "Arctic LNG-2".

The Development Bank of China considers cooperation with NOVATEK in the framework of the "Arctic LNG-2", according to the minutes of the meeting of the Russian-Chinese intergovernmental c

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Gazprom: Europe’s demand for gas from Russia exceeds capacity of pipelines

Demand of Russia's European partners for gas supplies on the horizon of the next decade exceeds the current capacity of the gas transportation system.

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The level of utilization of APG in Ugra reaches 95.51%.

Within 7 years oil companies of the Khanty-Mansiysk Autonomous District attracted $ 3 billion in utilization of associated gas.

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