Russia's Rosneft is considering the possibility of buying crude on theinternational market to supply a planned refinery and petrochemicals complexin Russia's Far East, CEO Igor Sechin told reporters Friday. "We don't need to pump all the ...
Tags: Petrochemical Plant, Rosneft Mulls
Rosneft and ExxonMobil signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the ...
In 2003, Yukos was preparing for a game-changing merger with another private Russian oil company, Roman Abramovich's Sibneft, to create a 2.3 million b/d Russian oil producing giant. The deal was scuppered, however, in large part because ...
Tags: Yukos Demise, Giant Oil Producer
Rosneft boosts environmental safety of far east terminals Wednesday, May 08, 2013 Two stand-by oil spill response vessels were launched at the Zvezda Shipyard (the city of Bolshoi Kamen) in the Primorsky Territory (Russia's Far East). The ...
Tags: Rosneft, Environmental Safety
Apollo Goessnitz GmbH (Germany), a subsidiary of HMS Group, designed, manufactured and delivered two bespoke BB5 pumping units according API 610 to one of Rosneft subsidiaries- Novokuibyshevsk Oils and Additives Plant (Samara region). ...
Tags: HMS, Pumps, Injection Pump
BP has a portfolio of 45 major upstream projects that it wants to focus on to 2020, company CEO Bob Dudley said Thursday, following the company's unprecedented $38 billion asset sell-off program in the wake of the Macondo oil spill in 2010. ...
Tags: BP, CEO Dudley
BP announced Friday an $8 billion share buyback program, following through on a promise to reverse the dilutive effect on earnings from its sale of its stake in TNK-BP. BP, which completed the sale of its 50% stake in TNK-BP to Rosneft on ...
Tags: BP, TNK-BP Proceeds, Chemicals
Russia is considering a Chinese request to double crude oil export capacity to China to 30 million mt/year (600,000 b/d) by building a second line alongside the Skovorodino-Mohe pipeline, an offshoot of the East Siberia-Pacific Ocean ...
Tags: crude oil export, crude oil, oil export
China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe), a regular gathering in petroleum and petrochemical industry and a high-quality exhibition which gets the authentication from UFI in Mainland China, ...
Tags: Textile, Cippe2013, Petroleum&Petrochemical
The share of innovative enterprises in the Vladimir region markedly increased. In absolute terms, these figures: in 2012, 18 plants commissioned in 2013 is scheduled to earn another 21 companies. Volume of nano-two years increased from 2.8 ...
Russia and China may reach a basic agreement on the supply of Russian gas to the Asian giant by the end of March -- in time for the visit to Moscow by Xi Jinping, secretary general of the Communist Party of China -- Russia's deputy prime ...
Tags: Gas Supply, Chemicals, basic agreement
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to ...
Tags: BP, financial results, fourth quarter
The Russian government's energy commission will discuss licensing issues, including changes to the license for the Trebs and Titov field, as well as ways to tackle oil spills at its next meeting, likely to take place in February, Russia's ...
Tags: energy, licensing issues, Russian government
Russia's crude exports to Europe will not be affected by increased supplies to Asian markets, Russia's deputy prime minister Arkady Dvorkovich said Tuesday. "[Russia's crude] supplies to eastern markets will grow but this will not ...
Tags: Russia, crude, exports to Europe
Russia's crude oil production hit a record high of 518 million mt (10.4 million b/d) in 2012, preliminary data released Wednesday by the energy ministry's Central Dispatching Unit showed, as the country cemented its position as the world's ...
Tags: Russia, crude oil production, oil, oil industry