Transneft

 S&P upgrades ratings of major Russian companies

International rating agency S&P raised the credit ratings of several major Russian companies, including Gazprom, Transneft, Rushydro, and Russian Railways, following the increase in the Russian sovereign rating, according to a press release …

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Transneft stops inflow of oil in Makhachkala port

Russia's Transneft has stopped taking oil into its pipelines from the port of Makhachkala because of a higher than permitted water content, the aide to the president of Transneft Igor Demin said. "This night …

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Transneft suspends transportation of Azeri oil

Russia’s Transneft Company has suspended oil transportation from Azerbaijan to Novorossiysk port due to repair works in Makhachkala, Transneft spokesman Igor Demin said.   No information was released …

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Russia to cut oil export

Russia's oil export to foreign countries in the first quarter of 2017 will amount to 50.98 million tons, adviser of Transneft president Igor Demin informed. He also noted that "Russian exports 51.3 million tons …

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Russia and Azerbaijan sign new agreement on oil transportation

Russia and Azerbaijan signed a new agreement on oil transportation via the Baku-Novorossiysk pipeline. From the Azerbaijani side it was signed by representatives of the Azerbaijani state oil company SOCAR, and from the Russian side by representatives of …

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 Storm interrupts oil exports from Novorossiysk

Transneft temporarily suspended oil loadings from the port of Novorossiysk due to a storm, Transneft spokesman Igor Demin said. "There may be possibly a window by the evening," TASS cited him as …

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Russia and OPEC to discuss decline in oil production

The Saudi authorities have offered to hold a meeting of the Petroleum Exporting Countries to discuss the situation in the energy market. The head of 'Transneft' Nikolay Tokarev stated at the meeting that OPEC and Russia will discuss a …

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