Russia Oil and Gas

Linear polyethylene production grew by 55% in January -February 2017

Domestic enterprises increased polyethylene production by 4% in January -February 2017. Linear polyethylene output grew by 55%.

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Rosneft buys a license site in the Krasnodar region

Rosneft has been recognized as the winner of the auction for the right to use subsoil for the purpose of geological exploration, prospecting and production of oil and gas at the Oktyabrsky license

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In 2016, Transneft increased capital costs by 1.5%

In 2016, Transneft increased its capital investments compared to the previous year by 1.5% to 337.5 billion rubles, this follows from the materials of the oil transportation company.

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Rosneft increased investment into Venezuela by 21.3% in 2016 to 91 bln roubles

In 2016 Rosneft increased investment into the projects in Venezuela by 21.3% to 91 bln roubles, the company reports.

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The Board of Directors of Bashneft to determine the amount of dividends for 2016.

The Board of Directors of Bashneft would determine the amount of dividends for 2016 based on the results of the company's work at a meeting in late March, the Prime Minister of Bashkiria, membe

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Wintershall calls upon Warsaw for solidarity on Nord Stream-2

The largest European partner of Gazprom in the construction of the Nord Stream-2 gas pipeline Germany's Wintershall has considered the actions of Poland, which tries to derail the project, poli

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The Polyplastic group fails in appeal on tax decision.

LLC "Polyplastic Group" could not appeal the decision of the tax service in the Kirovsk district of Omsk to bring to administrative responsibility in the Arbitration Court of the Omsk Reg

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Within first two months the index of rubber products and polymers release in Russia grows by 3.7%.

In February the release of basic products made of polymers and rubber in Russia was maintained at the level of last year.

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BASF observes growth in the Russian chemical market this year.

The German concern BASF had noted a positive trend in the Russian chemical products market since early 2017, the BASF Chairman Kurt Bock stated at a meeting with the Russian President Vladimir Puti

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Drilling company PNG to build 42 wells for Samaraneftegaz

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.

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