Russia Oil and Gas

Despite negative tax maneuver prospects, Yayskiy refinery continues modernization

The installation of the K-3001 and K-3005 columns on the block 014.2 (Columns block of the section 3000) began at the construction site of the Yaysk oil refinery.

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Sanctions against Russian oil industry hit extraction

In general, sanctions affected 20-21% of Russia's GDP

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Antipinsky refinery increases capacity of Atmospheric Residue Deep Conversion Unit by by 50% as a result of modernization

The Antipinsky refinery (the key asset of the New Stream companies group) has increased the capacity of the Atmospheric Residue Deep Conversion Unit by 50%.

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In H2, oil production in Russia to exceed level of OPEC+ deal by 150 thousand barrels

In the second six months of the year, OPEC expects an increase in oil production in Russia by 150 thousand barrels per day from the level determined by OPEC+ deal.

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The President of Turkmenistan holds a meeting with the Director General of PJSC Tatneft.

The President of Turkmenistan Gurbanguly Berdimuhamedov, who is on vacation in the tourist zone "Avaza", received the general director of PJSC "Tatneft" (Tatarstan) Naila Magano

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Russian Government extends Kharyaga production sharing agreement for 13 years more

On July 7, 2018, the Russian Prime Minister Dmitry Medvedev signed an order to extend the term of production sharing agreement on the Kharyaga field.

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Despite attacks of Trump against Russian gas Germany not to change course.

On July 11 the American leader reiterated the huge amount Europe is willing to pay - billions of dollars for Russian gas. According to Trump, this state of affairs is fundamentally wrong.

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Daily transit of Russian gas through Ukraine grows to 270 mln cubic meters

As of the morning of July 11, 2018, daily transit of Russian gas through the Ukraine increased by 10% to 270 million cubic meters, said adviser to the Minister of Energy and Coal Industry of the Uk

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Infrastructure to be developed at Southern accumulation of Kharampur gas field

Gas of the Kharampur field will become one of the main sources of supply under Rosneft's long-term contracts.

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In H1, Novatek increased production by 2.4%

In the first six months of 2018, Novatek increased hydrocarbon production by 2.4% to 264.3 million barrels of oil equivalent, including 32.93 billion cubic meters of natural gas and 5 864 thousand

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