Russia Oil and Gas

Rosneft gets 51% in joint venture with PDVSA

Rosneft has increased its participation in the company Perforosven, a joint venture with PDVSA, to 51% and for the year increased its oil production in Venezuela by 60%.

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Transneft-Siberia carries out scheduled works on main oil pipelines.

JSC "Transneft-Siberia" completed scheduled operations on the main oil pipelines as part of a comprehensive program of technical re-equipment, reconstruction and major repairs.

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ChTPZ invests over 240 mln rubles in upgrade of equipment for LDP manufacture

The Chelyabinsk pipe rolling plant (part of the ChTPZ Group), in the framework of its strategic cooperation with Transneft, has modernized quality control equipment of large-diameter pipes for main

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"Transneft" to increase dividends in comparison with last year by 5 times.

As a result of 2016, Transneft will pay dividends in an amount five times higher than the remuneration to shareholders for 2015, the head of the Ministry of Energy of the Russian Federation Aleksan

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Surgutneftegaz becomes the first Russian oil company that eliminated its British twin

Surgutneftegaz has become the first Russian oil companies that reported about liquidation of its British counterpart, registered in 2016. The company reported this on May 22, 2017.

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From May 15 to 19 NOVATEK buys out 84 thousand of its shares.

From May 15 to May 19, 2017 PJSC "NOVATEK" acquires on the open market 84 thousand of its shares, including global depositary receipts, the message of NOVATEK informs.

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Rosneft plans FEED on construction of Far Eastern LNG plant in De-Kastri

In 2017, Rosneft intends to carry out design works (FEED) to implement the construction project of the Far Eastern LNG plant. This became known from the materials of Rosneft on May 22, 2017.

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Gazprom plans to construct 578 km of Ukhta-Torzhok-2 gas pipeline in 2017

Gazprom plans to construct 578 km of the Ukhta-Torzhok-2 gas pipeline in 2017, deputy chairman of Gazprom, V. Markelov, said.

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Rosneft plans to hold repair of visbreaking unit at Ufa oil refinery plant

Rosneft plans to hold repair works at the visbreaking unit at the Ufa oil refinery plant of Bashneft that suffered on the results of the accident in January.

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Rosgeologiya finds 10 oil and gas sites in the south of Russia

Krasnodarneftegeofizika (a part of the state-owned holding company Rosgeologiya) has completed works on the agreement for the allocation of promising Mesozoic-Cenozoic deposits in the northern part

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