Oil and Gas, Production and Refining

Gazprom Energoholding develops project of station for Amur gas processing plant

Gazprom Energoholding works on the construction of stations for the processing facilities of Gazprom, the corporate magazine of the gas holding company reports.

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Car fuel production in Azerbaijan grew by 17% in January-February 2017

Oil products output in Azerbaijan in January-February 2017 fell by 6.1% to 401 mln manats against January-February 2016.

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SOCAR promptly starts drilling a new well at the Oil Rocks field.

SOCAR quickly started the construction of a new well on the Caspian Sea shelf, the press service of the Azerbaijani company reported on March 28, 2017.

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BP extends contract with Oil Sphere Management Contractor in Azerbaijan.

BP has extended the contract with the Scottish company Elite Control Systems to provide services for automated management and support of the Chirag oil platform in the Azerbaijani sector of the Cas

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Lukoil considers selling a third of its petrol stations in Russia.

LUKOIL is considering the possibility of selling up to 30% of its petrol stations in Russia due to a drop in the profitability of the business.

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Aleksandr Novak: In 2017 the budget can receive additional 1.5 trillion roubles with oil at $ 50-60.

In 2017 the budget of the Russian Federation could receive additional 1.5 trillion roubles, if oil prices, as a result of reduction in production by OPEC and non-OPEC countries, would be in the ran

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The second million tons of oil was produced at the Kashagan field.

The Kashagan field, located in the Kazakhstan sector of the Caspian Sea, had produced the second million tons of oil, the director for the operation of the field of the company North Caspian Operat

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Novak calls the Arctic a "strategic potential" of Russia.

"The Arctic is the future of our oil production and gas production".

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Within first two months the polyethylene production in Russia increases by 4%.

According to the results of the first two months of the year, polyethylene production in Russia grew by 4% in comparison with the same indicator of 2016 and amounted to more than 295.5 thousand ton

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Eastern Oil Chemicals Company to cover the need of Far Eastern federal district in motor fuel

The Government of the Primorie region hopes that the launch of Eastern Oil Chemicals Company of Rosneft will allow to meet the growing need of the Far Eastern federal district in motor fuel.

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