Russia Oil and Gas

Novatek launches the second line of Yamal LNG today, half a year ahead of schedule

The company has managed to accelerate the preparation of the enterprise and agreed with partners on early provision of tankers, required for the export of finished products.

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Gazpromneft’s Omsk refinery increases efficiency of Euro-5 fuel production

Omsk refinery of Gazpromneft has put into operation a new installation for production of hydrogen. This was reported by the oil company.

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USA threatens Nord Stream-2 and Russian oil companies with blockade

A bill on the toughening of anti-Russian sanctions, prepared by US senators, threatens the implementation of any foreign energy project of the Russian Federation - from export gas pipelines like No

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In 2018, investment in oil and gas industry of Russia may exceed 1.37 trln rubles

In 2018, investments in the Russian oil and gas industry will grow by more than 3% compared to 2017. On August 7, 2018, this was reported by the deputy head of the Energy Ministry P. Sorokin.

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Gas export from Russia to Europe through Ukraine and Belarus falls

In particular, application for gas pumping through the Uzhgorod corridor in the Ukraine on Tuesday was 14% below the level of Monday – 127 million cubic meters against 147 million cubic meter

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In H1, Rosneft increased sale of petrochemical products by 15%

Rosneft has increased sales of petrochemical products by 15.4% in the first six months of the year.

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In H1, Sibur’s net profit fell by 30%

In the first six months of 2018, the net profit of Sibur under IAS decreased by 30.3% compared to the first half of 2018 and amounted to 45.87 billion rubles.

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In H1, Rosneft produced 33.3 bln cubic meters of gas

Rosneft has published its production results for January-June this year. According to the report, the company produced 33.33 billion cubic meters of gas in the first six months of the year.

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In H1, Russia’s income from oil exports grew by 31.4%, gas – by 28.2%

In January-June, Russia's revenues from oil exports increased by 31.4% compared to the corresponding period of 2017 to $60.333 billion.

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LNG terminal in Gulf of Ob included into territorial planning scheme

The project of a liquefied natural gas terminal was included in the territorial planning scheme.

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