Kazakhstan considers the possibility of carrying out tolling operations with the People’s Republic of China, the annual volume of which may comprise up to 1.5 million tons of crude oil, the Oil and Gas Minister of the republic Sauat Mynbaev says. “Concerning the system solution as to reducing the level of our dependence on Russia […]

LUKOIL is going to invest about 3 billion dollars into raising the production capacity of its subsidiary OOO LUKOIL-Nizhnegorodnefteorgsintez in the period of 2012-2022, the president of the largest Russian private oil company Vagit Alekperov told the journalists on Thursday. “LUKOIL’s investment for the coming 10 years will comprise a little bit more than three […]

In Kaliningrad on the bank of the river Pregolya the police discovered an oil refining plant which operates without any documentation and is registered in the names of homeless persons the press-secretary of the western local department of Ministry of Internal Affairs in Transport Alexandra Serbina told RIA Novosti on Wednesday. “The information about the […]