Russia, Petrol

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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Petrol prices in Russia grow

The prices of petrol on the commodity exchange continue to grow against the background of the unplanned production cuts at the Ufa refinery, which now belongs to Rosneft.

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Bashneft’s oil refineries reduced fuel output due to repair works

The oil refinery plants of Bashneft reduced fuel production in March due to the repair works. FAS says that in early March there was a technological breakdown at the production capacities.

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Dmitriy Makhonin: In Russia a surplus of capacities for the production of petrol.

Due to the modernization of the oil refineries there was "a steady deficit of facilities for the production of petrol and diesel grade 5" in Russia, the head of the department of the Fede

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Lukoil doesn’t plan to sell fuel stations overseas in 2017

Lukoil doesn’t plan to sell its fuel stations overseas in 2017, first Vice-President of Lukoil, V. Nekrasov, said.

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Russia increased gas extraction by 9.5% in January-February 2017

In January-February 2017 the volume of oil and gas condensate extraction in Russia grew by 2% against January-February 2016 to 90.7 mln tons.

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Ministry of Energy forecasts oil processing efficiency rise by 1.7% in 2017

The Ministry of Energy forecasts the oil processing efficiency rise by 1.7% in 2017 at the domestic oil refineries.

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In March 2017, 1228.1 thousand tons of oil products delivered to internal market of Russia

At the next monthly meeting of the headquarters for monitoring the production and consumption of petroleum products, which was held at the Russian Ministry of Energy, participants came to the concl

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Contractors are guilty in July explosion at Bashneft-Ufaneftekhim

The Federal Environmental, Industrial and Nuclear Supervision Service has completed the investigation of the causes of the fire and explosion that took place at the Bashneft-Ufaneftekhim refinery o

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