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Crude Oil News in Russia

Governor Farkhutdinov Ships 600th Crude Oil Cargo for Sakhalin-2
8/15/2018 - On 14 August 2018, Sovcomflot’s shuttle tanker Governor Farkhutdinov loaded the milestone 600th cargo of crude oil from Sakhalin-2. The 96,000 tonnes of cargo is for delivery to the port of Quanzhou, ...
Rosneft Expands Cooperation with Motor Oil Hellas
11/20/2017 - Rosneft, Petrocas Energy (Rosneft's Group subsidiary) and Motor Oil Hellas Corinth Refineries signed a three-lateral agreement about intentions in the crude and oil product supply. The document define...
Shell Proposes Adding Russian Oil to Brent Benchmark
5/10/2017 - Royal Dutch Shell on Wednesday urged oil pricing agency S&P Global Platts to protect the dated Brent crude benchmark from declining North Sea supply by including other grades, such as Russian Urals, i...
Sakhalin Energy Offloaded the 500th Crude Oil Cargo from the Prigorodniye Production Complex
4/19/2017 - Sakhalin Energy loaded crude oil cargo No. 500 to the Governor Farkhutdinov tanker from Prigorodnoye Production Complex.The tanker will deliver this cargo to the Japanese Petro-Diamond company, Sakhal...
Russia Launches Urals Crude Oil Futures Trading in Moscow
11/29/2016 - Russia launched trading of a futures contract for Urals crude oil in Moscow on Tuesday, in a step to secure greater prominence for the Russian export blend. ...
Rosneft to Sell 96M Tons of Crude Oil to Petrovietnam
9/23/2016 - Russia's Rosneft has signed a contract to supply 96 million tons of crude oil to PV Oil, an affiliate of state oil and gas PetroVietnam, starting next year, PetroVietnam said. ...
Gazprom Neft Tests New EFP Exchange Trading Mechanism for Russian xport Crude on SPIMEX
8/8/2016 - Gazprom Neft has become the first of Russia’s oil companies to test the new “Exchange of Futures for Physicals (EFP)” mechanism (a transaction between two parties in which a futures contract on a comm...
Rosneft Extends the Contract for Crude Supplies to the Czech Republic with PKN Orlen
6/16/2016 - Rosneft and Polski Koncern Naftowy ORLEN S.A. (PKN Orlen) have signed an extension of the contract for crude oil supplies to the Czech Republic at the XX St. Petersburg International Economic Forum. T...
Russia's Gazprom Neft to Start Urals Oil Supply to OMV in April 2016
4/1/2016 - Russia's Gazprom Neft will start deliveries of Urals crude oil to Austria's OMV under the term contract later this month, traders said. ...
More Russian Oil Drilling Shows its Resolve to OPEC
11/30/2015 - Russian oil firms are drilling more, showing the world's top crude producer is ready for a longer fight for market share with OPEC, as its industry can carry on even if oil prices reach $35 per barrel...
International Exports of Gazprom Neft ESPO Crude Reach 10 Million Tonnes
7/31/2015 - Following the supply of a further 100,000 tonnes of East Siberian Pacific Ocean (ESPO) crude to the Chinese market in July, total volumes of ESPO crude exports by Gazprom Neft since the commencement o...
Russia Says Chooses Trading Firms to Deal in Iranian Oil
6/24/2015 - Russia has already chosen trading companies as part of an agreement with Tehran to trade crude oil for goods, a Russian deputy energy minister Kirill Molodtsov said, declining to name them. ...
Urals Energy Completed an Annual Tanker Loading
11/12/2013 - Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce that the planned annual tanker shipment for export from Articneft on Kolguyev Island ...
6,000,000 Tons of Crude Oil Have Been Produced at TATNEFT with Application of DCP Technology
9/18/2013 - The total incremental crude oil production from the wells of JSC TATNEFT, equipped with the facilities for dual completion and production (DCP), dual production and injection (DCP&I) and dual completi...
Rosneft and CNPC Sign Agreements on Crude Oil Supplies
6/21/2013 - Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of China National Petroleum Corporation (CNPC) Zhou Jiping signed long-term crude oil supply contracts to China during t...
Surgutneftegas Reports Operating Results for March 2013
4/8/2013 - In March 2013, Surgutneftegas produced 5.211 mn tons of crude oil. Compared to the same period of 2012, added crude output equaled 0.7%. ...
Rosneft Signs Long-Term Contracts with Glencore & Vitol
Rosneft Signs Long-Term Contracts with Glencore & Vitol 3/6/2013 - Rosneft signed long-term crude supply contracts with Glencore and Vitol, two of the world’s leading trading companies. Contracts signed are constituted by a series of supply transactions, the price of...
Surgutneftegas Maintains Crude Output Growth
2/5/2013 - In January 2013, Surgutneftegas produced 5.214 mn tons of crude oil. Compared to the first month of 2012, added crude output exceeded over 1%. ...
Rosneft Signs Long-Term Supply Deals via Druzhba Pipeline
2/1/2013 - Rosneft President and Chairman of the Management Board Igor Sechin visited Hamburg to sign a contract for supply of crude oil via the Druzhba pipeline to Poland, where the crude will be purchased by P...
Rosneft Agrees Heads of Terms for Crude Supply
12/24/2012 - On 21 December 2012 Rosneft agreed heads of terms for long-term crude supply contracts with Glencore International plc (‘Glencore’) and Vitol, two of the world’s leading trading companies. Under the h...

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