Oil

A complex working operation for installation of the vacuum distillation tower - the main component of CDU / VDU-6 unit was completed at the TANECO Refinery and Petrochemical Plants Complex.

Total has been awarded exploration licenses on 3 Blocks in offshore Mexico, following the country’s first competitive deep water bid round.

"Tatneft-AZS Center" was awarded winner 4 diplomas of the Cup named after Gastev.

TATNEFT Company’s Enterprises: Bugulma Mechanical Plant, "Personnel Training Center - Tatneft" and "Tatneft-AZS Center" became winners of the XIIth Republican contest for the RT Government’s quality award.

Iran's oil minister Bijan Namdar Zanganeh said that Russia is now prepared to cut its production as part of an output restraint agreement with Opec.

Delek Group Ltd. (TASE: DLEKG, US ADR: DGRLY) (hereinafter: "Delek Group" or “The Group”) announced today its results for the three month period ending September 30, 2016. 

TS-1 grade jet fuel produced by the TANECO Complex became the winner of the contest "100 best goods of Russia" in nomination "Industrial and technology products".

The Alexander Sannikov icebreaker has been formally launched at sea during a formal ceremony at the Vyborg Shipyard on 24 November 2016.

At 16:00 on 25 November 2016, Moscow Exchange launched trading in RussNeft ordinary shares (ticker RNFT). At its IPO held on the Exchange, the company offered RUB 32.4 billion worth of shares at RUB...

LUKOIL has successfully completed drilling of the third well at offshore Vladimir Filanovsky field in the Caspian Sea.

President of LUKOIL Vagit Alekperov and Head of the Republic of Komi Sergey Gaplikov signed a 2017 Protocol to the Agreement on Cooperation between the company and the region, in Usinsk today.

The results of operational and financial performance for the 9 months of 2016 were presented to the Board. 

Net profit reached RUB 147 bln for 9M 2016. Adjusted EBITDA rose 4.1% Y-o-Y to reach RUB 325 bln.

Crude oil production during October, 2016 was 3050.87 TMT which is 1.90% and 3.20% lower than target and production achieved in October, 2015 respectively.