Russia Oil and Gas
By the end of 2018 Lukoil plans to increase APG utilization from the current 92% to 95%, the company says.
The international rating agency Standard & Poor's (S&P) has improved the outlook for long-term foreign and local currency ratings of 13 Russian companies and their subsidiaries to "
For the first time in 12 years the Yamal Nenets Autonomous Area states the growth of oil extraction in the region by 129.1% at once.
The volume of oil extraction (including gas condensate) in Russia in January made up 46.5 mln tons, which is by 4.75 higher than in January 2016 and by 0.8% higher than in December 2016, Rosstat re
Goldman Sachs: Boom of projects in oil production due to deal of OPEC to entail surplus of oil in 2018Edited by Rhod Mackenzie / 2017-03-22 01:05:12
The reduction in the production by the OPEC countries and Russia, which led to the increase in the oil prices, could provoke a boom in the oil production projects in the next three years.
Transneft increased the revenue from oil pumping of Rosneft by 10.13% to 265.9 bln roubles in 2016 against 2015, is said in the company’s report under IAS.
Gazprom and Italian Eni have signed a memorandum of understanding, the press centre of the Russian holding company reports.
The net profit of Transneft under IAS in 2016 rose by 62.4% to 232.9 bln roubles, is said in the company’s report.
In January 2017 Russia surpassed Saudi Arabia on average daily oil production, Rosstat reports.
At present Sibur is holding a meeting with Russian manufacturers of automation systems in Tyumen.