Oil, Oil and Gas
Eduard Khudainatov plans to sell a stake in the amount of at least 25% of the Independent Oil and Gas Company (NNK), the Vedomosti reports citing sources close to the seller and potential buyers.
A new oil deposit has been discovered in the Zhlobinsky district of Belarus. By the preliminary evaluation, oil reserves of the new bed make up 350-800 thousand tons.
Russia has cut the oil production within the framework of the agreements with the OPEC by 300 thousand barrels per day against the October 2016 figure, the press centre of the Russian Energy Minist
NNK-Aktiv JSC – former Alliance OC (in the structure of Independent Oil Company of E.
Russneft fulfilled its obligations to reduce the oil production within the framework of the agreement between the Russian Federation, the OPEC member countries and non-OPEC states, acceded to this
In 2017, Gazprom plans to increase its gas production at the Bovanenkovskoye field by 13.8% compared to the previous year to 76.7 billion cubic meters, deputy chairman of the Russian gas holding co
Lukoil and Novatek have passed the second round of a licensing competition for geological exploration and production of hydrocarbons in Lebanon.
In March, Russia again topped the rating of oil suppliers to China - the level of the supplies reached 1.1 million barrels per day. Compared to March 2016, the indicator grew by 1%.
As of end of 2016, the total investment in the Azeri-Chirag-Guneshli fields development project made up $30 billion, said deputy vice-president for investments and marketing of SOCAR Vitaly Beglyar
At present, 32 large oil refineries and 80 other mini-enterprises, also engaged in this industry, operate in Russia.