Oil Sector News

Shebelinsky gas processing plant is ready to part of Belarusian oil products supplies of which are stopped

Domestic Shebelinsky GPP is ready to offer the market 15-20 thousand tons of light oil products.

The United States will return sanctions against oil-importing countries from Iran. Because of this, oil becomes more expensive

Oil futures are rising in price against the backdrop of an official statement by the State Department that the United States will not extend the exemption regime for Iranian oil buyers.

By the end of the year Belarus plans to start alternative to Russia oil imports

Belarusian Oil Company expects to create alternative to Russia oil imports through the ports of the Baltic States and Ukraine.

"Belorussians say neither yes nor no." Expert on the situation with the cessation of oil supplies from the Mozyr Oil Refinery

If Belarus provides specific information about the quality of oil entering the country in time, it will allow Ukrainian importers to change the sources of oil supply without any particular problems.

Belarus has restricted exports of petroleum products due to oil problems

Belarusian concern Belneftekhim limited the export of gasoline and diesel.

Russia imposes restrictions on oil exports to Ukraine

РФ также расширяет запрет на некоторые украинские товары.

Ukrnafta won a payout of $44.4 million from Russia for seized assets in the Crimea

By an arbitral award dated 12 April 2019, the Russian Federation has been ordered to pay PJSC Ukrnafta $44.4 million.

American oil and gas company Chevron is buying its competitor

American oil and gas company Chevron Corporation ageed on the purchase of Anadarko Petroleum for $33 billion.

A tender for the production of hydrocarbons on the shelf of the Black Sea will be held on June 12

The government has decided to hold a tender for the right to produce hydrocarbons within the Dolphin area.

Vitrenko was appointed as the Head of the Supervisory Board of Ukrnafta

The Executive Director of Naftogaz of Ukraine Yuriy Vitrenko was elected as the Head of the Supervisory Board of PJSC Ukrnafta.

Naftogaz proposes not to pay dividends from Ukrnafta’s profit of 6.6 billion UAH

Naftogaz of Ukraine proposed to include the issue on the agenda of the shareholders meeting of PJSC Ukrnafta.

Oil reserves creation. Strategic issue is at the stage of documentation approval since 2012

Experts from the energy sector discussed progress in implementing international commitments to build and maintain reserves of oil and petroleum products.