Processing

Modernization of Bukhara refinery in Uzbekistan to require $553 million

The modernization of Bukhara oil refinery in Uzbekistan will be carried out in 3 stages, and the cost of the project will make up $553 million.

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Over the week vertically integrated companies sold 462.6 thousand tons of petroleum products on commodity exchange

Russian Ministry of Energy has held a regular meeting of headquarters for monitoring production and consumption of petroleum.

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Petrol output in Kazakhstan increases by 9.9%

In January-July 2019, production of petrol in Kazakhstan amounted to 2 322.8 thousand tons. This is by 9.9% more than in the same period of 2018.

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Antipinsky oil refinery has achieved 25% discount from Transneft on diesel fuel pumping

The Antipinsky oil refinery has received the first benefits after change of owner. Transneft reduced its tariff for pumping of diesel fuel, Argus reports with reference to market participants.

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Russian refineries of Lukoil increased its refining by 1.8%, and 2.2%

Lukoil’s refineries increased processing volumes by 2% in the first six months of the year. In Russia, this figure grew by 1.8%, according to the company's report.

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Surgutneftegaz produced 29.9 million tons of oil in the first half of 2019

In the first six months of 2019, oil production of Surgutneftegaz amounted to 29.9 million tons.  Compared to the same period of the previous year, the figure increased by 0.5%.

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Ufaorgsintez recorded a loss on sales of 96 million instead of profit a year earlier

Ufaorgsintez (petrochemical asset of Bashneft) reduced its net profit by 18% in the first six months of the year.

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Gazpromneft increased capital expenditures at its refineries by 50% to 47 billion in H1

Gazpromneft increased its capital investments in oil processing by almost 50% in the first six months of 2019 compared to the same period, it follows from the company's IAS statements.

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In H1 2019, Krasnodar refinery processed 1.2 million tons of oil

In the first six months of 2019, volume of crude oil processing at Krasnodar refinery - Krasnodarekoneft (KNPZ-KEN) amounted to 1.25 million tons, which is by 6 thousand tons or 0.48% more than the

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Gazprom asks Government for money for two giant projects in the Baltic Sea

Gazprom’s head Alexei Miller has asked the Government to support projects of a giant gas processing and liquefaction complex and the country's largest gas chemical complex, which are supp

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