Tatneft

SOCAR and Tatneft explore joint venture

SOCAR and Tatneft explore joint venture

The State Oil Company of Azerbaijan (SOCAR) and Russia's PJSC Tatneft are discussing the possibility of establishing a joint venture for the production of lubricants, General Director of SOCAR RUS Rufat Mahmud said. …

Tatneft and SOCAR to develop Bibi-Eybat field

Tatneft and SOCAR to develop Bibi-Eybat field

Russian oil company Tatneft, in collaboration with the State Oil Company of Azerbaijan (SOCAR), is set to undertake the development of Azerbaijan's Bibi-Eybat field. Tatneft's CEO Nail Maganov highlighted the strategic …

SOCAR and Tatneft sign roadmap for cooperation

SOCAR and Tatneft sign roadmap for cooperation

Azerbaijan's SOCAR and Russia's Tatneft have signed a roadmap for cooperation, Azerbaijani Economy Minister Mikayil Jabbarov said. “We met with Nail Maganov, the General Director of Tatneft, together with Rovshan Najaf, …

Oil production in Russia falls to ten-year low

Oil production in Russia falls to ten-year low

According to the data of the Central Dispatching Department of the Fuel Energy Complex,  oil and gas condensate production in Russia decreased by 8.6% - to 512.68 million tons in 2020. Thus, the largest reduction was documented in …

Sberbank named most valuable Russian brand for third time

Sberbank named most valuable Russian brand for third time

The international agency Brand Finance presented the annual report on the 50 most valuable and strongest Russian brands. Sberbank tops the ranking for the third time. Its brand value increased 26% to 842.2 billion rubles. …

Tatneft to study Shadegan oil field in Iran

Tatneft to study Shadegan oil field in Iran

Russian company Tatneft will soon begin exploration of the Shadegan field in Iran, corresponding memorandum was signed by representatives of Tatneft and Iranian NISOC. "Tatneft must sent the results and its plan to Iran in six …

Two more Russian companies keen to develop Iranian oil fields

Two more Russian companies keen to develop Iranian oil fields

Russia’s oil-producing companies Zarubezhneft and Tatneft have submitted applications to participate in a tender on development of oil fields in Iran. The tender is organized by National Iranian Oil Company (NIOC),TASS reported …

Sanai: Iran interested in Russian energy companies

Sanai: Iran interested in Russian energy companies

Iran is interested in the presence of Russian energy companies on its market, and certain agreements are expected to be signed soon, the Iranian Ambassador in Moscow Mehdi Sanai said. "Iran is very much interested …

Russia’s Tatneft to cut output

Russia’s Tatneft to cut output

Russian oil company Tatneft will decrease its production by 20,000 barrels per day in 2017 in line with an agreement signed by OPEC and non-OPEC countries. “Our share in this story will be small, up to 20,000 barrels at …

Russian oil firms discussed output cuts

Russian oil firms discussed output cuts

Russian companies support Energy Ministry proposals to cap oil output as part of a global deal, a ministry spokeswoman said on Wednesday as Moscow prepares to finalize the agreement with OPEC and other producer nations this weekend, Reuters …

Russia, Iran in oil swap talks

Russia, Iran in oil swap talks

Tehran is in talks with Russian companies on petroleum swap deals, Iran's deputy oil minister for international affairs Amirhossein Zamaninia said. "Yes, we are," he said when asked whether the country is …