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Oil News in Russia

Lukoil Supplies 10 Million Tonnes of Oil from Filanovsky Field to CPC System
3/14/2019 - LUKOIL has reached another milestone with ten million tonnes of oil supplied from its Vladimir Filanovsky field to the Caspian Pipeline Consortium (CPC) system. LUKOIL constructed a system of subsea a...
Rosneft Develops Unique Technical Oil
3/11/2019 - Specialists of Rosneft United Research and Development Centre (part of the corporate R&D complex of Rosneft) together with LLC RN-Lubricants (a subsidiary of Rosneft) have developed and patented a met...
YANOS Increases 2018 Refining Volumes to Reach 15.7 Million Tonnes
2/25/2019 - JSC Slavneft-YANOS increased refining volumes by 1.5 percent in 2018, to 15.7 million tonnes of oil (mt), making it one of the top three largest refineries in Russia. Light product yield was also up 1...
Saudi & Russia Leave World Guessing After OPEC Meeting
12/6/2018 - OPEC has tentatively agreed on oil output reduction but is reportedly waiting for Russia to declare its commitment before deciding the exact volumes for a cut aimed at propping up crude prices. ...
Rosneft & ChemChina Sign an Oil Supply Contract
11/29/2018 - Rosneft and China National Chemical Corporation (ChemChina) signed an oil supply contract during the first Russian-Chinese Energy Business Forum. The contract provides for supplies of ESPO crude in th...
Sakhalin Energy Offloaded the 600th Standard Oil Cargo Since the Beginning of Year-Round Production
8/14/2018 - Sakhalin Energy offloaded the 600th standard oil cargo since the beginning of year-round production 10 years ago in December 2008 Sakhalin Blend cargo was dispatched to China's Sinochem – a long-term ...
Russia Oil Supply - October 2017
Russia Oil Supply - October 2017 10/23/2017 - Preliminary Russian liquids output in September remained unchanged m-o-m at 10.935 mb/d according to the Ministry of Energy, due to peak maintenance. Total liquids output including NGLs in 3Q17 was re...
Putin Says Oil Cuts with OPEC Could Last to End of 2018
10/4/2017 - Russian President Vladimir Putin said on a deal between OPEC and rival oil producers to reduce production could be extended to the end of 2018, a longer timeframe than others have suggested, in a bid ...
Gazprom Neft Undertakes the Company’s Largest Ever Maritime Oil Shipment
9/19/2017 - Gazprom Neft Badra, operator of the Badra field, Iraq, has undertaken the largest ever maritime shipment of oil for export in the company’s history, with 1.78 million barrels of hydrocarbons being des...
Gazprom Neft is the First of Russia’s Oil Exporters to Become a Market Maker on the Urals Market
9/5/2017 - Gazprom Neft has become Russia’s first vertically integrated oil company (VIOC) to operate directly as a market maker on the St Petersburg International Commodity Exchange (SPMMEX) futures market. As ...
Crude Oil Export for August 2017
9/5/2017 - In August 2017, SOCAR has exported 254 363 tons from Novorossiysk port and 1 733 484 tons from Ceyhan port. Generally, 988 028 tons of crude oil was exported from Novorossiysk port, 1 579 673 tons fr...
Rosneft & CEFC China Sign Strategic Agreement in Siberia
9/3/2017 - Rosneft and CEFC China Energy Company Limited signed a Strategic Cooperation Agreement and a contract for the supply of Russian crude oil at the 9th BRICS summit. The documents were signed by Igor Sec...
10-Millionth Tonne of Oil Shipped under Gazprom Neft’s Arctic Logistics Scheme
8/30/2017 - The total volume of oil shipped under Gazprom Neft’s logistics scheme in the Russian Arctic has now reached 10 million tonnes, with the latest 100,000-tonne consignment of Novy Port oil being shipped ...
Russia Remains China's Top Oil Supplier for Fifth Month in A Row in July
8/23/2017 - Russia held its spot as China's top crude oil supplier for a fifth month in a row in July, with shipments up 54 percent over a year earlier, data showed on Wednesday. ...
Rosneft & PTT Public Company Limited Sign Long-Term Contract for Mutual Oil Supply
6/2/2017 - RTSA, the subsidiary company of PJSC Rosneft, and PTT Public Company Limited (Thailand) signed the long-term oil sale and purchase contract for mutual supplies of up to 200 mmt till 2037 at the XXI ...
Russia Beats Saudi As Top China Oil Supplier for Second Month
5/23/2017 - Russia has kept its top spot as oil supplier to China, beating Saudi Arabia for the second month in row, as independent refiners scooped up more volumes before their first batch of quotas expire. ...
Rosneft Takes First Shipment of Kurdish Oil for Refining System
3/31/2017 - Russian state oil giant Rosneft will buy its first shipment of oil from Iraq's Kurdistan in early April, becoming the first oil major to take Kurdish crude directly into its refining system, trading s...
Rosneft Increases Petroleum Product Supplies to Turkey
3/10/2017 - Rosneft signed a number of documents with Turkey's leading energy companies on the sidelines of the top level negotiations between the President of Russia Vladimir Putin and the President of Turkey Re...
Russia's Transneft Says Storm Halts Oil Loadings From Kozmino
12/28/2016 - Oil loadings from the Russian Pacific port of Kozmino have been suspended because of a storm, Russian oil pipeline monopoly Transneft said on Wednesday. Transneft said weather conditions were expected...
Storm Halts Oil Loading at Baltic Port of Primorsk
12/23/2016 - Oil loading from the Baltic port of Primorsk has been suspended due to a storm, Russian oil pipeline monopoly Transneft said on Friday. The company also said loading at the Kozmino port on the Pacific...

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