Oil, Russia Metals and Mining

OMK bets on oil companies: the company to risk 40 billion roubles.

OMK Anatoly Sedykh has embarked on a comprehensive upgrade of the Vyksa Metallurgical Plant (VMP), which is estimated at 40 billion roubles until 2022.

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New centers of hydrocarbons production to be formed in the north of the Krasnoyarsk region

The creation of the Taimyr-Turukhansk support zone in the north of the Krasnoyarsk region provides for the development of new centers for the extraction of coal, gas and oil in the Arctic territory

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At least 3% of fields with different minerals in Russia are undistributed

The share of the undistributed subsoil fund in Russia for different types of minerals is at least 3%, said today the Minister of Natural Resources Sergei Donskoy at the meeting with President Vladi

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Novak: Russia has enough oil and gas for over half a century

The explored reserves of oil and gas in Russia will be enough for more than 50 years, the Minister of Energy Alexander Novak stated.

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In 2016, Russian import of Ukrainian pipes grew by 44%

In 2016, the total production of steel pipes in Russia amounted to 10.3 million tons, their consumption was 9.7 million tons.

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In 2017, Russia increased oil production by 2.4%, gas – by 7.1%

In January 2017, Russia increased the amount of oil and gas condensate production by 2.4% compared with January 2016 to 46.1 million tons.

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Large Russian business opposes new utilization fee

As the Kommersant has got to know, the idea of the Russian Ministry of ​​Industry and Trade to introduce utilization fee to engineering products and machines has subjected to harsh criticism of big

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In 2016 Russia increased oil, gas and coal extraction

On the results of 2016 Russian companies  extracted 547.5 mln tons of oil, which is by 2.5% higher than in 2015, the Minister of Energy, A. Novak, said.

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TMK supplies pipes to Gazprom for the Astrakhanskoye oil and gas condensate field

Under the contract for delivery of import-substituting pipe products TMK shipped to Gazprom sour gas resistant pipes for the use at the Astrakhanskoye oil and gas condensate field.

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Mineral resources of Bashkiria: oil, gold, copper, soda

The Head of Department for Subsoil Use in Bashkiria Raphael Gufranov has stated that oil reserves in Bashkiria will be enough for 26 years of the production, and copper, zinc, gold ore - for 20 yea

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