Russia Oil and Gas

Gazprom and Eni to cooperate in the field of southern gas corridor

Gazprom and Italian Eni have signed a memorandum of understanding, the press centre of the Russian holding company reports.

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Net profit of Transneft under IAS grew by 62.4% to 232.9 bln roubles in 2016

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.

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Russia surpasses Saudi Arabia in oil production.

In January 2017 Russia surpassed Saudi Arabia on average daily oil production, Rosstat reports.

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Sibur holds meeting with Russian producers of automation systems in Tyumen

At present Sibur is holding a meeting with Russian manufacturers of automation systems in Tyumen.

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Investments of SIBUR into Tobolsk-Polymer amount to nearly 60 billion roubles.

The investments of SIBUR into Tobolsk-Polymer amounted to nearly 60 billion roubles, TASS reports citing the head of the Tyumen region, Vladimir Yakushev.

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Japan has prepared pre-feasibility study of gas pipeline from Sakhalin

The strengthening relations between Moscow and Tokyo can make real the project of building a gas pipeline from Russia to Japan.

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RN-Purneftegaz produces the 100 billionth cubic meter of gas

RN-Purneftegaz has produced 100 billion cubic meters of gas since beginning of its operation in 1986.

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At least 3% of fields with different minerals in Russia are undistributed

The share of the undistributed subsoil fund in Russia for different types of minerals is at least 3%, said today the Minister of Natural Resources Sergei Donskoy at the meeting with President Vladi

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Rosneft suggested Chechnia replacing the oil refinery plant for bitumen plant

Rosneft suggested constructing a bitumen plant in Chechnia instead of the Grozny oil refinery with the capacity of 1 mln tons of oil a year. The head of the region, R.

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Tatneft extracted about 2 mln tons of super-viscous oil

On March 20th 2017 a meeting of the Board of Directors of Tatneft took place in Kazan where the results of the budget execution by the company in January-February 2017 were summed up and

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