Fuel and energy

The enterprises of TATNEFT Croup of Companies produced 28,686, 030 tonnes of crude oil in twelve months of 2016 (105.3 per cent, +1,437,512 tonnes) with PJSC TATNEFT accounting for 28,332,674 tonnes (105.2 процента, +1,405,703 tonnes).

Gazprom Neft subsidiary Gazpromneft Orenburg has discovered a new field — the Novosamarskoye — in the Sorochinsky district of the Orenburg Oblast. Initial oil-in-place reserves are estimated at more than eight million tonnes.

Pre-commissioning works for a complex gas treatment plant (CGTP) have now commenced at the Badra oilfield, Iraq, operator of which is Gazprom Neft.

As 2016 draws to a close, Gazprom Neft has reviewed the outcomes of its “Your Town in Your Own Hands” project laboratory, organised as part of the company’s “Home Towns” corporate social responsibility (CSR) project.

To ensure reliable and uninterrupted operation of electric grid facilities in the weekends and holidays from 31 December to 8 January IDGC of Centre is switching to an enhanced mode of operation.

Rising LPG exports from the US at large discounts to naphtha are pointing to the increased use of LPG for Asian petrochemical production in 2017.

TATNEFT determined the winners of the “Skolkovo Petroleum Challenge 2016" contest established by the Company in the category "Innovative technologies in crude oil production".

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting on December 23, 2016.