There is an inside information from the Belorussian energy concern Belneftekhim, there is a plan to lift the fuel and oil products prices in the country starting from December 1. The possible price rise will comprise about 10%. However the official representatives of the state company Belneftekhim itself do not comment on this information. It […]

According to the deputy sales director of OAO Surgutneftegas Nikolay Kiselev, Russia has no background for development of a fuel crisis. The representative of the energy company said this at the meeting with the plenipotentiary envoy to the President of the Russian Federation which was held today and was dedicated to the issues of oil […]

The Federal Antimonopoly Service (FAS) of Russia has in view to launch a unified oil products trading exchange system based on the Saint-Petersburg International Mercantile exchange (SPIMEX), the deputy head of the governmental agency Anatoly Golomolzin told the journalists. At present oil and oil products are traded at the three platforms: the Interregional oil and […]

The net profit of OAO Samaranefteproduct (a subdivision of Rosneft) according to the Russian Accounting Standards for the nine months of 2011 comprised 499.431 million rubles which corresponds to the same period of 2010. In the third quarter of 2011 the net profit of the enterprise according to the Russian Accounting Standards comprised 349.003 million […]

The government of Tajikistan thinks that they have no alternative to the fuel deliveries form the Russian Federation so far. Zeyniddin Mahmudov, the head of the cooperation with CIS-countries department at the Ministry of Trade and Economic Development of Tajikistan said that ‘Right now Tajikistan cannot import fuel and lubricants in necessary volumes from any […]