Russia Oil and Gas

Oil industry companies of the Russian Federation may be obliged to pay property tax for all wells

The Ministry of Economic Development of the Russian Federation has prepared a draft law, which, in particular, will oblige the oil industry companies to pay real estate tax on all wells.

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Rosneft plans to launch production of LPG in Khanty-Mansiysk autonomous district not earlier than in 2021-2022

Rosneft is considering possibility to start production of liquefied petroleum gas (LPG) at the Maiskoye gas processing complex in the Khanty-Mansiysk autonomous district, the Reuters reports with r

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Export duty on naphtha to decrease by 9.4%, the duty on LPG to remain zero.

Export duty on liquefied petroleum gas (LPG) will remain zero in February.

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New equipment delivered to the Angara field in Novy Urengoy

A branch of Russian Railways Logistics has implemented a project for railway transportation of machinery and oil and gas equipment for the new field Angara in Novy Urengoy.

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Angarsk NHK launches a new catalyst testing unit.

The Angarsk Petrochemical Company (a subsidiary of NK Rosneft) has commissioned a new two-reactor unit for testing catalysts for oil refining and petrochemistry, Rosneft informs in a statement.

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Nizhnekamskneftekhim to receive self-sufficiency on raw materials for isoprene rubber

Nizhnekamskneftekhim (TAIF Group) and Haldor Topsoe (Denmark) have signed contracts for provision of licenses and engineering services for a technology of new production of methanol with a capacity

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Rosneft supplies to Russian oil refineries increase by 3 million tons.

Rosneft began to send more oil to the oil refineries. Delivery volumes increased by 3 million tons.

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Russian Ministry of Foreign Affairs responds to China’s position on Nord Stream-2

All states, including the United States, should respect the right of companies to choose whether or not to cooperate with enterprises from other countries.

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Export duty on oil in Russia to drop to $ 80.7.

The Ministry of Finance of the Russian Federation expects that the export duty on oil in the Russian Federation will drop by $ 8.3 and amount to $ 80.7 per ton since February 1, 2019, the ministry

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Putin: EU countries should obtain guarantees of Brussels that it won’t disrupt Turkish Stream

The European Union should provide its members with guarantees that Brussels will not prevent supply of Russian gas to Europe through the Turkish Stream gas pipeline.

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