Refining

Oil and gas production decreases in Uzbekistan

In 2019, oil production in Uzbekistan decreased by 6.3% compared to 2018 to 698.6 thousand tons, natural gas - by 1.6% to 59.46 billion cubic meters.

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Russian enterprises increased production of linear polyethylene by 32% over the year

Production of linear polyethylene in Russia increased by 32% by the end of 2019. The production of the material was increased by two companies at once, Market Report informs.

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Rosneft increases its stake in Bayernoil refinery

Rosneft Deutschland GmbH, a subsidiary of Rosneft in Germany, has completed a deal to acquire a 3.57% stake in Bayernoil Raffineriegesellschaft mbH refinery from BP.

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Lukoil is considering new projects for oil and gas chemistry based on refineries in Italy

Lukoil continues to develop oil and gas chemistry units at its sites abroad. The possibility of launching a methanol production facility in Italy is being considered among the promising areas.

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Belarus seeks alternatives to Russian Oil

Belarus is trying to demonstrate the ability to do without Russian oil by purchasing a small batch of Norwegian raw materials.

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Production of low-pressure polyethylene in Russia decreased by 10% for the year

Domestic enterprises reduced production of low-pressure polyethylene by 10% in 2019. Capacity utilization was reduced by all plants, mainly due to repairs, Market Report informs.

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Kazakhstan's refineries increased oil processing by 4.8% in 2019

Total volume of oil processing by Atyrau, Shymkent (PetroKazakhstan Oil Products LLP) and Pavlodar petrochemical plant in 2019 amounted to 16.079 million tons of oil, the Interfax reports.

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SOCAR increased exports of oil refining and gas chemistry products by 22% in 2019

In 2019, SOCAR increased export of oil refining and gas chemistry products by 22% to 2 233.21 thousand tons, the company told the Interfax-Azerbaijan.

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Sibur adopts a strategy for sustainable development until 2025

Sustainable development strategy takes into account the company's mission, approved values, as well as the 13 UN global sustainable development goals to which Sibur can make the greatest contri

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