Oil

In January-September, Azerbaijan reduced oil export by 8.6%

In January-September 2017, Azerbaijan exported 24 379 thousand tons of oil, which is by 8.6% less than in the same period last year, the country’s Government reports.

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Transportation of gas and oil via Kazakh pipeline increases

In the first ten months of 2017, 193 million tons of oil and gas were transported through the pipelines of Kazakhstan. This is by 13% more than the last year's figures.

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In 2018, Rosneft to supply about 12 mln tons of oil to CEFC

The Rosneft’s Board of Directors has approved the supply about 12 million tons of crude oil to the Chinese energy company CEFC in 2018, the Reuters reports, citing its informed Chinese source

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In January-October, oil production in Azerbaijan fell by 7%, gas – by 4%

In January-October 2017, oil production in Azerbaijan amounted to 32 240.6 thousand tons of oil, which is by 7.1% less than in the same period last year, the State Statistics Committee reports.

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Russia increases its oil reserves to 15 billion tons.

The reserves of "black gold" and gas condensate in the Russian Federation rose to a mark of 15 billion tons of oil equivalent.

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Gazprom Neftekhim Salavat refuses Western Siberian oil

In the third quarter of 2017, Gazprom Neftekhim Salavat (Bashkiria) stopped processing Western Siberian oil, reduced the share of the processing from third-party suppliers, the Inform-Devon learned

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Share of Arctic oil in total Russian production to grow to 26% by 2035

The share of Russian oil produced in the Arctic zone will grow from 17% to 26% by 2035. This was said by the Russian Deputy Minister of Energy A.Teksler at the exit session of the St.

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Iraq looks for solution on contracts between Rosneft and Iraqi Kurdistan

Rosneft may have problems with contracts the company has entered into with the Government of Iraqi Kurdistan. This was stated by Ambassador of Iraq to Russia H. Al-Azari on November 15, 2017.

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Gazpromneft receives record cash flow

Gazpromneft has increased all major financial indicators under IAS in the nine months of 2017. Its net profit increased grew 28%, the revenue - by 19%, and the EBITDA - by 23%.

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In the first 9 months of 2017, Krasnoyarsk region increased industrial production by 8.7% due to oil production and metallurgy

In the first 9 months of 2017, Industrial production in the Krasnoyarsk region increased by 8.7% compared to the first 9 months of 2016.

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