Oil

Supplies of petroleum products and coal from Russia to India increase by a quarter

Deliveries of petroleum products and coal from Russia to India increased by a quarter in the first 9 months of 2019. The volumes reached 564 thousand tons and 4.37 million tons respectively.

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Azerbaijan and Kazakhstan discuss possibility of creating oil service joint ventures

Azerbaijan and Kazakhstan discuss possibility of cooperation in the field of renewable energy sources and creation of joint ventures for oilfield services, the Government told the Interfax-Azerbaij

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SIBUR's halobutyl rubber production in India is scheduled to start in 2020

SIBUR and India's Reliance Industries Ltd. expect to complete the construction of halobutyl rubber plant for production by the end of 2019.

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Putin supports continued cooperation with OPEC to stabilize the oil market

Russia will continue to work together with the Organization of Petroleum Exporting Countries (OPEC) to stabilize the market, not only by curbing production, but also in a number of other areas.

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Shell gets rid of two projects in Kazakhstan

The Anglo-Dutch corporation is withdrawing from two oil projects on the Caspian Sea shelf, classifying them as loss-making.

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Oil imports to China grow by 17.1%, gas - decrease by 10.6%.

In October 2019 oil imports to China increased by 17.1%, while the volume of natural gas supplies to China fell by 10.6% compared to the same period last year.

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New Stream loses its last plant

The Mari Refinery, controlled by Dmitry Mazurov's New Stream group, changed ownership in early October.

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Azerbaijan supplied $261 million worth of oil to Ukraine in January-October, share is about 83%

In January-October 2019, the Ukraine increased imports of oil and crude oil (2709 code of foreign trade classification of goods) by 0.5% compared to the same period in 2018 to 615.81 thousand tons.

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Igor Kolomoysky's Kremenchug refinery to increase oil refining by 10%

In 2019, PJSC Ukrtatnafta (Kremenchug refinery) will increase oil refining to 2.5 million tonnes, which is 10% more than in 2018.

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Oil and gas reserves in the Arctic are huge, but there is "but”

Hydrocarbon reserves in the Russian Arctic are so large that they should be considered as a strategic reserve of the country.

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