Oil

Since the beginning of 2017, Chernomortransneft conducted planned inspection of 3 reservoirs at Sheskharis

Specialists of Chernomortransneft have successfully completed the planned works on partial diagnostics of 2 tanks of the Sheskharis transshipment complex for 50 thousand cubic meters (RVSPK-50000,

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Sechin tells about Rosneft’s plans to increase production by 500 mln tons

The Head of Rosneft Igor Sechin has disclosed the company's plans: it intends to catch up with Saudi Aramco in the cost of oil production, increase the production by 500 million tons and increa

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Proven reserves of Tatneft are 872.3 mln tons of oil

As of December 31, 2016, the total proven oil reserves of Tatneft (including gas condensate) amounted to 872.3 million tons under the SPE-PRMS classification, the company informs.

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7.9 mln tons of oil produced on shelf of Sakhalin in the first 5 months

In January-May this year, 7.9 million tons of oil, including gas condensate, were produced in the Sakhalin region. This is by 0.9% more than in the same period of the previous year.

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Tatneft doesn’t plan to resume production in Libya because of political situation

The oil company Tatneft doesn’t plan to resume production activities in Libya until the situation in the country is completely stabilized.

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In May, China increased oil imports from Russia to record level

In May, China increased oil imports from Russia by 9.4% compared to the same month of the previous year to the record volume of 5.736 million tons, as it follows from the data of the Main Customs A

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Strategy-2025 of Tatneft to be successful even at $ 35 per barrel in 2020.

The base scenario will double the value of the company to $ 21.5 billion in 2025.

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Oil ad gas companies of the Asia-Pacific region interested in business in the east of Russia

A number of the largest oil and gas companies and investment corporations in the Asia-Pacific region has expressed interest in discussing the opportunities for the cooperation with Russian companie

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In January-May, oil production on Sakhalin grew by 0.9%, gas – by 5.1%

In January-May, 7.9 million tons of oil, including gas condensate, were produced in the Sakhalin region. This is by 0.9% more than in the same period last year.

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Russian oil and gas companies prepare projects, aimed at increasing raw materials to markets of the Asia-Pacific region

Along with projects for the production of hydrocarbons in the east of Russia, ambitious infrastructure projects are being prepared, aimed at realizing the export of domestic raw materials to foreig

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