Russia, CNPC

Udmurtneft increased its reserves by more than 10 times in 2016

On the results of the successful realization of the geological exploration program, the growth of reserves of Udmurtneft under B1/C1 in 2016 made up about 25 mln tons of oil, which is by more than

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Gazprom again offers Sakhalin gas to China

Gazprom has announced the beginning of commercial negotiations with Chinese company CNPC on pipeline supplies of gas from Sakhalin.

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LUKOIL gets out of the Aral Sea.

The Company closes the project with CNPC and "Uzbekneftegaz".

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Gazprom and CNPC discuss gas supply from Russia to China via the "Eastern" route.

The meeting of the Joint Coordinating Committee (JCC) between the two companies was held in Beijing.

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PDVSA doesn’t make supplies for $750 mln to Rosneft and Chinese customers in time

Venezuelan state-owned oil company PDVSA hasn’t made the delivery to Rosneft and Chinese buyers to the amount of $ 750 million in time, the Reuters reports with reference to its analysis of e

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CNPC completes the welding of more than 50% of the 2nd branch pipeline Mohe - Daqing between Russia and China.

The Chinese CNPC has cheerfully reported that it had completed the welding more than 50% of the pipes for the main oil pipeline Mohe-Daqing, the press service of the Chinese state-owned company

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China has confirmed readiness of its site of oil pipeline for oil acceptance from Russia from Jan 1st 2018

China will be able to prepare the site of a route oil pipeline Skovorodino-Mokhe on its territory for the increase of oil acceptance from Russia from January 1st 2018, Vice-President of

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Rosneft to increase supplies to China

After the purchase of Bashneft, Rosneft has extended its contract with China's CNPC on supply oil, concluded in 2013, to 2024, increased the amount by 30% to 10 million tons per year.

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In October, China imported 1.35 mln tons of oil via Skovorodino-Mohe pipeline

In October 2016, China imported 1.35 million tons of Russian oil through the Skovorodino – Mohe oil pipeline. The deliveries through it to China  began in 2011.

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Novatek opens French purse

Novatek has still found an opportunity to draw to Yamal LNG the money of French banks, which have been afraid to deal with the project due to US sanctions until now, although it involved the French

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