Russia Oil and Gas

The "Titan" group plans to finish the construction of phenol and acetone production this year.

The group of companies "Titan" plans to complete the construction work on the production of phenol and acetone this year, Mikhail Sutyaginskiy, the chairman of the board of directors of t

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On behalf of Russian Government, A.Siluanov signs amicable agreement with ExxonMobil on Sakhalin-1

The Government of the Russian Federation and ExxonMobil have signed an amicable agreement on the tax dispute over the Sakhalin-1 project.

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Gazprom intends to increase its investment program for 2017 to 1.129 trln rubles

Gazprom’s Management Committee has approved the investment program, budget and cost-cutting program for 2017 in new editions.

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The European Commission wants to remove Gazprom from the management of Nord Stream-2.

The European Commission would like to extend the operation of the norms of the Third Energy Package on the Nord Stream-2 trans-Baltic gas pipeline, which prohibits any company to combine gas produc

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Rosneft may enter Norwegian shelf through Russian assets

Rosneft can exchange shares in Russian assets for participation in projects on the Norwegian shelf, where its main partner is the Norwegian company Statoil.

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OMV plans to close deal on purchase of Uniper’s share in Severneftegazprom in Q4

The Austrian company OMV plans to close the deal to buy German Uniper’s stake in Severneftegazprom in the fourth quarter of 2017, head of the company Rainer Seele told reporters.

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Import of homopolymers of propylene to Russia decreased by 34% in January-August

In the reported period the Russian market received 108.8 thousand tonnes of polypropylene.

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Gazprom intends to freeze its projects in regions that have gas debts

Gazprom intends to freeze gas provision programs and social projects in regions that have debts for gas, chairman of the Gazprom’s Board of Directors Viktor Zubkov said during the meeting in

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In late 2017, Russia and South Africa to discuss supplies of oil and gas that may be big enough

Russia and South Africa will discuss the beginning of deliveries of oil and gas from Russia at the intergovernmental commission on trade and economic cooperation at the end of this year.

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OMV expects Norway to start approval of deal on assets exchange with Gazprom in November

The Austrian company OMV expects that Norway will begin the process of approving the acquisition by Gazprom of 38.5% in OMV Norge as part of the asset swap deal between the two companies in Novembe

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