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Russia's ultra low-sulphur diesel exports from Primorsk to rise in Nov, traders say

Russia's ultra low-sulphur diesel exports from Primorsk to rise in Nov, traders say MOSCOW, Oct 31 (Reuters) - Russia's exports of ultra low-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk in November are set to reach 1.1 million metric tons, two traders said on Thursday. That would be a slight 3.3% increase on a daily basis from 1.1 million tons scheduled for October as the month is one day shorter.
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Hungary to keep Druzhba as main crude pipeline, foreign minister says

UPDATE 1-Hungary to keep Druzhba as main crude pipeline, foreign minister says Updates throughout, with Szijjarto's comments, context BUDAPEST, Oct 31 (Reuters) - The Druzhba pipeline will remain Hungary's primary route for crude oil imports, Foreign Minister Peter Szijjarto said on Thursday after talks with Russian Foreign Minister Sergei Lavrov in Minsk on the sidelines of a conference.
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Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say

RPT-EXCLUSIVE-Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say Repeats Oct. 29 story with no changes to text Litasco hires experienced traders in Americas after rebuilding credit lines, sources say Efforts part of broader restructuring as Litasco distances from Russian parent Lukoil - source Litasco has secured more than $2 Bln in open credit lines, also opened letters of credit - sources Hired former Gunvor trader Dmitri Sinenko as managing director for Luk
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Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say

EXCLUSIVE-Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say Litasco hires experienced traders in Americas after rebuilding credit lines, sources say Efforts part of broader restructuring as Litasco distances from Russian parent Lukoil - source Litasco has secured more than $2 Bln in open credit lines, also opened letters of credit - sources Hired former Gunvor trader Dmitri Sinenko as managing director for Lukoil Pan Americas- sources By Shariq Khan NEW YORK,
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Board of Russia's Lukoil recommends 9-month dividend of 514 rbls/share

Board of Russia's Lukoil recommends 9-month dividend of 514 rbls/share MOSCOW, Oct 25 (Reuters) - The board of Lukoil LKOH.MM recommended a 9-month dividend pay out of 514 roubles ($5.32) per share, Russia's second-largest oil producer said on Friday. ($1 = 96.5455 roubles) Reporting by Reuters; writing by Anastasia Teterevleva; editing by Jason Ne
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Russia's Lukoil: board to consider 2024 dividend on Oct 25

Russia's Lukoil: board to consider 2024 dividend on Oct 25 MOSCOW, Oct 18 (Reuters) - Russia's Lukoil LKON.MM said on Friday that the company board would consider paying a dividend for first nine months of 2024 on Oct. 25. Writing by Felix Light, Editing by Louise Heavens
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Russia says Lukoil has no plans to buy back shares from foreign investors

Russia says Lukoil has no plans to buy back shares from foreign investors MOSCOW, Oct 18 (Reuters) - Russia's No. 2 oil producer Lukoil LKOH.MM has no plans to buy back shares from foreign investors, the country's Deputy Finance Minister Alexei Moiseev said on Friday. Last year, Interfax news agency reported that Lukoil was asking Russian authorities for permission to buy back up to 25% of its shares from foreign investors at a discount of at least 50%.
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Russia's September seaborne oil product exports up 5% on month, Reuters calculations show

Russia's September seaborne oil product exports up 5% on month, Reuters calculations show MOSCOW, Oct 15 (Reuters) - Russia's seaborne oil product exports in September rose 5% to 9.217 million metric tons from a month earlier, data from industry sources and Reuters calculations showed. Russia's offline primary oil refining capacity in August stayed relatively low at 2.93 million tons, ensuring higher production levels and September port loadings, according to Reuters calculations based on data f
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Top Kazakh oil field hits record output amid tensions with OPEC+, sources say

Top Kazakh oil field hits record output amid tensions with OPEC+, sources say MOSCOW, Oct 9 (Reuters) - Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron CVX.N , boosted output to a record high in October, sources told Reuters, potentially complicating the country's future efforts to comply with its OPEC+ quota. OPEC+ has named top 10 global oil producer Kazakhstan along with Iraq and Russia as countries that have repeatedly failed to comply with its pledges to curb oil produ
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Kremlin says it cannot confirm report on planned nationalisation of energy companies

UPDATE 1-Kremlin says it cannot confirm report on planned nationalisation of energy companies Adds detail, quote in paragraph four MOSCOW, Oct 2 (Reuters) - The Kremlin said on Wednesday it could not confirm a report that Russia's energy minister had put forward a proposal to nationalise the energy sector. Russian authorities have repeatedly said they have no plans to de-privatise large companies, including oil and gas producers.
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Kremlin says it can't confirm report on planned nationalisation of energy companies

Kremlin says it can't confirm report on planned nationalisation of energy companies MOSCOW, Oct 2 (Reuters) - The Kremlin said on Wednesday it could not confirm a report that Russia's energy minister had put forward a proposal to nationalise the energy sector. Russian authorities have repeatedly said they have no plans to de-privatise large companies, including oil and gas producers.
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Russia's ultra low-sulphur diesel exports from Primorsk to rise in October, traders say

Russia's ultra low-sulphur diesel exports from Primorsk to rise in October, traders say MOSCOW, Oct 1 (Reuters) - Russia's exports of ultra low-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk in October are set to rise by 2.4% month on month to 1.1 million metric tons, up from 1.04 million tons scheduled for September, two traders said on Tuesday.
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Russia's ultra low-sulphur diesel exports from Primorsk to rise in October, traders say

Russia's ultra low-sulphur diesel exports from Primorsk to rise in October, traders say MOSCOW, Oct 1 (Reuters) - Russia's exports of ultra low-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk in October are set to rise by 2.4% month on month to 1.1 million metric tons, up from 1.04 million tons scheduled for September, two traders said on Tuesday.
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Russia's Lukoil says H1 oil output down 1% to 1.728 mln bpd

Russia's Lukoil says H1 oil output down 1% to 1.728 mln bpd MOSCOW, Sept 27 (Reuters) - Lukoil LKON.MM produced 1.728 million barrels of oil per day (bpd) in the first half of the year, down 1% from a year earlier, Russia's second-largest oil producer said on Friday. Reporting by Reuters; writing by Lucy Papachristou; editing by Jason Neely
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Kazakhstan sees progress in multi-billion claims against oil firms by December

EXCLUSIVE-Kazakhstan sees progress in multi-billion claims against oil firms by December Kazakhstan started arbitration against majors over costs Preliminary results expected later this year Kashagan oilfield has been beset by delays Germany seeks to raise oil imports, energy minister says Adds companies did not respond to requests for comment, background By Mariya Gordeyeva ALMATY, Sept 25 (Reuters) - Kazakhstan expects preliminary results of multi-billion arbitration proceedings against intern
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Russia's August seaborne oil product exports down 2.3% m/m, Reuters calculations show

Russia's August seaborne oil product exports down 2.3% m/m, Reuters calculations show MOSCOW, Sept 19 (Reuters) - Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed. Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%, according to Reuters calculations based on data from industry sources.
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Oil output at Kazakhstan's Karachaganak down 30% in Sept 9-15 week, sources say

Oil output at Kazakhstan's Karachaganak down 30% in Sept 9-15 week, sources say MOSCOW, Sept 16 (Reuters) - Average oil and gas condensate output at Kazakhstan's Karachaganak oilfield dropped around 30% on Sept 9-15 from the previous week to 175,610 barrels per day (bpd) due to planned maintenance, three industry sources said on Monday. The field operator, Karachaganak Petroleum Operating (KPO), did not immediately reply to a request for comment.
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Caspian Pipeline Consortium raises oil exports by 2.6% in Jan-Aug

Caspian Pipeline Consortium raises oil exports by 2.6% in Jan-Aug MOSCOW, Sept 13 (Reuters) - The Caspian Pipeline Consortium (CPC), which exports Kazakhstan's oil via the Black Sea, increased oil exports by 2.6% in January-August from the same period in 2023 to 43.8 million metric tons, the consortium said on Friday. The consortium has said it expects its 2024 oil exports to fall 7% short of a preliminary target owing to lower loadings from a key field.
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Hungary's MOL to bear costs in new Druzhba oil supply deals, sources say

UPDATE 2-Hungary's MOL to bear costs in new Druzhba oil supply deals, sources say Ukraine's sanctions cut oil flows to MOL via Druzhba pipeline MOL says it reached new oil supply deals Releads on changes to tariff payment structure, adds detail throughout BUDAPEST/MOSCOW, Sept 11 (Reuters) - Hungarian energy group MOL MOLB.BU will bear all costs for transporting oil to its refineries via the Druzhba pipeline from the Belarus-Ukraine border as part of a deal to secure Russian supplies, two indust
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Hungary MOL chief says new Druzhba oil supply deals in line with EU rules

Hungary MOL chief says new Druzhba oil supply deals in line with EU rules BUDAPEST, Sept 11 (Reuters) - The deals that Hungary's MOL MOLB.BU has struck to transport Russian crude through Belarus and Ukraine via the Druzhba pipeline are in compliance with all EU and Ukrainian rules, MOL's executive chairman Zsolt Hernadi told website index.hu on Wednesday.
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