Diesel

KazMunaiGas increases its annual profit by almost a third

Kazakhstan's vertically integrated oil and gas company KazMunaiGas has announced its financial and operating results for 2018.

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The Government of Belarus monitors the implementation of projects at oil refineries.

The construction and assembly works at the Naftan and Mozyr refineries were reviewed at a meeting of the presidium of the Council of Ministers of Belarus chaired by the Prime Minister Sergey Rumas,

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Russian Government manages to fix growth in fuel price within inflation

In Russia, it is necessary to work on stabilizing fuel prices on domestic market by improving economic mechanisms. This was stated by the Russian Energy Minister Alexander Novak.

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Transneft limits oil supplies to New Stream refineries

The Mariinsky Oil Refinery of the New Stream Group and the Afipsky Oil Refinery, which is partially under its management, are experiencing problems with accepting oil due to the lack of routing ins

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Petrol exports from Russia down by 17% in January-February

In January-February 2019  Russia reduced petrol exports by 17.1% compared with the same period last year - to 693.3 thousand tons, it follows from the materials of the Federal Customs Ser

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SOCAR to build new oil refining unit at BNPZ

SOCAR (State Oil Company of Azerbaijan, SOCAR) plans to build a new unit for the primary processing of oil (desalter, CDU/VDU) at the Baku Oil Refinery named after G.

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Russian authorities plan not to return export VAT to companies that don’t process oil

The Government considers the possibility of not returning VAT (20%) when exporting to those companies that export petroleum products abroad, but don’t have their own oil processing, the Vedom

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Industrial park with petrochemical cluster to be created in Bashkortostan.

It is planned to create an industrial park and petrochemical cluster based on Gazprom in Salavat in Bashkortostan.

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Tatneftegazpererabotka to produce 172 thousand tons of ethane in 2019

In 2019, Tatneftegazpererabotka department (part of Tatneft) plans to process not less than 825 million cubic meters of associated petroleum gas (APG) and 311 thousand tons of broad fraction of lig

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Turkmenistan plans to start production of petrol from natural gas in the summer

Launch of a plant for production of petrol from natural gas in Turkmenistan is scheduled for summer of 2019. Earlier it was planned to star the production in 2018, the mass media reported.

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