Diesel

Bashneft is ready tp sell over 180 filling stations in concurrence with Russian Federal Antimonopoly Service

Bashneft intends to assess market value of 186 filling stations in the territory of Bashkiria and the Orenburg region for subsequent sale, the Interfax reports.

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Gazprom Neft reduces production of automobile petrol by 16% in Q1

Gazprom Neft reduced refining volumes at its own and joint ventures by 1.7% in Q1 2019.

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Azerbaijan reduced output of petrol by 4% in January-April 2019

Baku refinery reduced production of motor petrol and increased production of naphtha in the first four months of 2019, the Interfax reports.

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Lukoil to invest in petrochemical industry

Lukoil, limited in large oil production projects in Russia, has decided to focus on deep refining.

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Over the week, vertically integrated companies sold over 442.7 thousand tons of petroleum products on commodity exchange

Over the past week, vertically integrated companies sold 326.8 thousand tons of petroleum products.

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In January-April, Azerbaijan export petroleum products for $178.5 mln

In January-April 2019, declared export of petroleum products from Azerbaijan amounted to 359.965 thousand tons, the State Customs Committee reported.

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Tatneft plans to increase crude oil processing by 20.7% in 2019

In 2019, Tatneft plans to increase processing of crude oil to 10.4 million tons compared to 8.61 million tons in 2018, as it follows from the company's materials.

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Rosneft may return to VNKhK project

Rosneft and its partners will be ready to return to the project of the Eastern Petrochemical Complex (VNKhK), but only if there are attractive and guaranteed stable conditions, both fiscal and regu

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Russian oil export duty to increase by $5.8 per ton

From June 1, 2019, the export duty on oil in the Russian Federation will increase by $5.8 and amount to $110.4 per ton.

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Rosneft refineries decrease processing volumes by 9% in Q1

The volume of oil refining at Rosneft refineries located in Russia amounted to 24.5 million tons, which is 0.8% lower than in the same period of 2018, the company reports.

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