Refining

In the first 9 months, Rosneft increased capital investments in processing by 21%

Rosneft increased its capital expenditures for the refining, commerce and logistics segment by 27% in the first nine months of 2017.

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In January-October, petrol production in Azerbaijan grew by 5%

In January-October 2017, output of oil products in Azerbaijan decreased by 10.2% compared to the same period in 2016 to 2 billion 195.6 million manats, the State Statistics Committee reports.

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Staff for monitoring of production and consumption of oil products of the Energy Ministry of the Russian Federation discusses preparations for winter

The Energy Ministry of the Russian Federation has held a regular meeting of the staff for monitoring of the production and consumption of oil products.

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Gazprom Neftekhim Salavat refuses Western Siberian oil

In the third quarter of 2017, Gazprom Neftekhim Salavat (Bashkiria) stopped processing Western Siberian oil, reduced the share of the processing from third-party suppliers, the Inform-Devon learned

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In 2018, Kazakhstani refineries to start producing aviation fuel on western standard

After completion of the modernization, three Kazakhstan oil refineries plan to produce about 900 thousand tons of aviation fuel per year, which will be certified according to the western standard,

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In October, Antipinsky refinery increased production of naphtha by 10%

The Antipinsky refinery, a key asset of the New Stream group of companies, increased production of straight-run gasoline by 10% in October.

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Gazpromneft receives record cash flow

Gazpromneft has increased all major financial indicators under IAS in the nine months of 2017. Its net profit increased grew 28%, the revenue - by 19%, and the EBITDA - by 23%.

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In the first 9 months, Khabarovsk refinery made the net profit of 2.2 bln rubles

In January-September 2017, NNK-Khabarovsk oil refinery (part of Independent Oil and Gas Company - NNK) made the net profit in the amount of 2.196 billion rubles.

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Excise duty on oil export from Russia to grow from December 1

From December 1st, duty on oil export from the Russian Federation will grow by $8.9 to $105 from $96.1 per ton in November.

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Uzbekistan’s Ministry of Finance to allocate $250 to refineries to import oil and petroleum products

The Finance Ministry of Uzbekistan will allocate 2 trillion soums (about $250 million) from the state budget to oil refineries of the republic for the import of oil and petroleum products.

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