Russia Oil and Gas

OPEC maintains forecast for oil production in Russia in volume of 11.15 mln barrels per day in 2018 and expects its increase by 0.2% in 2018

OPEC has predicted a decline in oil production in Russia in 2018 to 11.15 million barrels per day, as it follows from the monthly report of the organization.

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Discrepancies found in Third energy package - WTO Arbitration Group published a report on the dispute between Russia and the EU

The WTO Arbitration Group has satisfied part of Russia's claims in its dispute with the EU over the Third Energy Package, a number of provisions of which, in Moscow's opinion, lead to discr

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Rosneft is not yet ready to accept 8 mln tons of oil via branch from ESPO to Komsomolsk refinery

Transneft has not yet received confirmation from Rosneft for pumping of 8 million tons of oil from the ESPO to the Komsomolsk refinery.

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Russia and Belarus discuss limit of oil products supply

Russia and Belarus are discussing an agreement according to which duty-free supplies of oil products to the republic will be prohibited.

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On results f 2017, level of Zarubezhneft’s dividends grew by 22%

On results f 2017, the payment of Zarubezhneft’s dividends exceeded the figure of 2016 by 22%. This was reported by the press centre of the company.

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In the first 7 months, Sibneft-Chukotka increased gas production by 3%

In the first seven months of 2018, Sibneft-Chukotka, developing reserves of the West-Ozernoye field, produced 17.46 million cubic meters of gas.

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Siluanov: Russia admits rejection of payment in dollars when supplying oil

Russia, if necessary, can get away from payments in dollars for oil supplies, use other currencies, including the national one, said the First Deputy Prime Minister of Finance Anton Siluanov.

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Severstal finishes shipment of cryogenic steel for facilities of Gazprom’s LNG plant

Severstal has completed shipment of structural elements of the liquefied natural gas storage tank made of cryogenic steel for an LNG plant.

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Transneft-Vostok to increase volume of tank battery at Taishet initial pumping station-1 of ESPO

Transneft-Vostok has completed hydro-testing of a new 50 000 cubic-meter tank battery at the main oil pumping station Taishet of the Eastern Siberia - Pacific Ocean main oil pipeline (ESPO-I).

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Sibur plans to pay dividends for H1

Sibur has planned to pay dividends for the first six months of 2018, the company reports. The Sibur’s Board of Directors will consider the relevant issue during the meeting on August 13.

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