Oil

Ministry of Energy: In 2018, oil production at Azeri-Chirag-Gunashli block fell by 0.6%

In 2018, Azerbaijan International Operating Company (AIOC) extracted 28 722 thousand tons of oil from the Azeri-Chirag-Gunashli block of fields, the country’s Ministry of Energy told the Inte

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Azerbaijan exported oil for nearly $16 billion in 2018

In 2018 exports of oil from Azerbaijan amounted to 29 million 498.337 thousand tons, Interfax-Azerbaijan was told in the State Customs Committee (SCC).

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Belarusian company discovers new oil field in Russia

Yangpur, owned by Belarusian production association Belorusneft, has discovered a new field in Russia with reserves of 600 thousand tons of oil.

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In 2018 RN-Yuganskneftegaz produced over 70 million tons of oil

n 2018, for the first time in Russia's recent history annual oil production of LLC RN-Yuganskneftegaz, the largest oil and gas production subsidiary of Rosneft, exceeded 70 million tons.

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In 2018, oil production in Uzbekistan fell to 746.4 thousand tons

In 2018, oil production in Uzbekistan decreased by 8.2% compared to 2017 to 746.4 thousand tons. This was reported by the State Committee on Statistics of the Republic.

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Production at Kashagan to be completely stopped for 1.5 months

Oil and gas field Kashagan will completely stop oil production for 45 days. This was reported by North Caspian Operating Company (NCOC).

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Lukoil buys back over 655.3 thousand shares for $48.6 million

From January 8 to 11, 2019 Lukoil acquired 655.275 thousand of its ordinary shares as part of a buyback program, it follows from the materials of the company.

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In 2018, Belarusian oil refineries processed about 18 mln tons of oil

In 2018, Belarusian oil refineries processed about 18 million tons of oil. We are talking about the Naftan and Mozyr oil refinery.

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EIA forecasts oil production in Russia in 2019 and 2020

The Energy Information Agency of the US Department of Energy (EIA) has released another monthly forecast for oil production in Russia.

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Rosneft's German subsidiary begins direct sales of petroleum products in Germany

Rosneft Deutschland GmbH, a subsidiary of Rosneft, has launched direct sales of petroleum products in order to increase efficiency, Rosneft said in a statement.

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