Russia Oil and Gas

In 2018, 30 mln tons of Russian oil to be exported to China

This year, 30 million tons of oil will be supplied to China too.

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European Commission approves creation of joint venture of Sibur’s subsidiary with TechnipFMC and Linde EPC

The European Commission has approved the creation of a joint venture between NIPIgazpererabotka (part of the Sibur Group), the British company TechnipFMC and the German company Linde in the field o

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Dmitriy Medvedev discusses the company's plans with the head of RusHydro.

RusHydro should continue to work to reduce costs, freeing up funds for investment in new energy generating facilities, the Prime Minister Dmitriy Medvedev believes.

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Rosneft is exploring opportunities to participate in new oil and gas projects in Brazil.

At the same time, the head of the Department of Oil and Gas of the Ministry of Energy of the Republic, Marcio Felix, found it difficult to name the timing of the start of commercial production, exp

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Rosneft to develop a new development strategy.

The head of the company Igor Sechin stated that Rosneft carefully studied the messages Putin gave at the forum in St. Petersburg.

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Putin asks Rosneft to return to the issue of dividends at 50% of profits.

At the company's annual general meeting the Russian President Vladimir Putin asked the head of Rosneft Igor Sechin to consider paying dividends worth 50% of net profit.

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Putin instructs Gazprom to help Kirgyzstan

In the next few years, Gazprom will invest 100 billion rubles in the gas transportation system of Kyrgyzstan.

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Gazpromneft considers possibility to buy petrochemical assets abroad

Gazpromneft is interested in several foreign petrochemical assets, the company hasn’t yet decided whether to buy them, head of the company Alexander Dyukov said in an interview with the RBC.<

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JBIC Bank is ready to give Gazprom money for the 3rd stage of LNG plant

The Japanese Bank for International Cooperation plans to co-finance the construction of the third line of a liquefied natural gas plant on Sakhalin.

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In Q1, Gazprom neftekhim Salavat produced 31 thousand tons of polyethylene and over 8 thousand tons of polystyrene

In January-March, 124.2 million cubic meters of gas and more than 1.62 million tons of gas condensate and oil were processed at the Gazprom neftekhim Salavat’s facilities (excluding the raw m

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