The Moscow-based company Slavneftgaz is planning to build an oil refinery with totaling to 1.9 billion American dollars in the Starodubskiy district of the Bryansk region, the Director General of ye company Vyacheslav Dubinnikov said at the regional economic forum on Tuesday. The corresponding agreement was signed on Tuesday by the Director General of Slavneftegaz […]

ТНК-ВР intends to invest about 10 billion American dollars into its Ukrainian assets within the next 10 years. This was announced today in Kiev by the TNK-BP Commerce Vice-President on Sales, Trading and Logistics Elena Alekseeva in the course of the third international conference Petroleum Ukraine 2011. She specified that these funds are to be […]

OAO Slavneft is planning to spend over .2 billion American dollars on the execution of technical re-equipment program of its major oil refining plant – OAO Slavneft-Yaroslavnefteorgsintez (YANOS) in the period of 2011-2014.This is declared in the press-release of Slavneft. In 2011 the volume of Slavneft capital investment into the modernization of YANOS comprised 3102 […]

In his speech at the opening of the Moscow Energy Week the Energy Minister of Tussian Sergei Shmatko said that in the coming years the Russian oil refining industry will receive 20-25 billion American dollars of investment. According to the minister this will enable escaping from the present day situation, when Russia exports black oil, […]