Russia Oil and Gas

Vice President of Lukoil buys company's shares for 105 million rubles

Lukoil's vice president - the main legal adviser, a member of the board of Lukoil Ivan Maslyaev bought the company's shares for 104.973 million rubles, Lukoil reported.

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Alekperov: oil price of $75 is good, production can be increased, demand grows

At the established oil price, oil-producing countries can start increasing the production of raw materials without fear of a sharp decline in price, president of Lukoil Vagit Alekperov said.

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New technologies to cost oil companies 24 trillion rubles

The digital transformation of the oil industry, which Russia started thinking about ten years ago, will require 24 trillion rubles until 2035, but will bring the industry and the economy as a whole

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In 2017, Neftisa increased reserves by 39% to 360 mln tons

Neftisa, oil asset of M. Gutseriev’s financial-industrial group Safmar, has summed up financial and operating results in 2017. Neftisa reported about this on June 18, 2018.

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On June 15 Novatek bought back 171 thousand shares for 138 million rubles

On June 15, 2018 Novatek bought back 171.12 thousand of its ordinary shares, it follows from the materials of the company.

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Cameroon signs agreement on floating LNG plant for 1.3 mln tons of gas under project with participation of Lukoil

The Government of Cameroon and operator of the Etinde project – New Age Energy – have signed an agreement on terms of use of a floating LNG plant, the Interfax Energy Global Services wr

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RBK: Rosneft and Lukoil to get preferences from the government for 330 billion roubles.

The Ministry of Finance of the Russian Federation made amendments to the draft law on tax maneuvering in the oil industry.

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Russian Government may support oil companies after request of Rosneft’s head

The Ministry of Finance has made changes to the draft law on tax maneuver in the oil industry.

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The polypropylene production in Russia decreases by 0.4% in January-May.

In January-May the total volume of polypropylene (PP) production in Russia decreased by 0.4% and amounted to 589.4 thousand tons compared to the same period of 2017.

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Since the beginning of 2018, Gazprom increased gas production by 9.1%, export to far abroad – by 5.6%

In the period from January 1 to June 15, 2018, Gazprom increased gas production by 9.1% (by 19.7 billion cubic meters) year-on-year to 235.4 billion cubic meters.

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