|TOPIC OF THE ISSUE|
|Dr.Vladimir Kapustin: Are we moving back to USSR?|
Readying for the 5th annual conference Oil Refining, Transit and Exports in the CIS and the Baltic States OILMRAKET raised the issues of Russian refining sector development with general director of Russia's leading engineering company VNIPIneft, Dr. Dr.Vladimir Kapustin. We discussed it in the context of recent important development in Russian legislation: in February the government approved new technical regulations for motor fuels.
|PERSON OF THE ISSUE|
|Following the market trends|
Leonid Rosenberg, TNK-BP refining vice-president
Russian domestic market and export shipments opportunities show ever growing demand for high quality motor fuels. Having worked for several years as general director of TNK-BP's Ryazan refinery Leonid Rosenberg knows pretty well how difficult it is to meet ever growing demand for European quality gasolines and diesel fuels.
|PHOTO OF THE ISSUE|
|Back in USSR?|
This picture is all too familiar to Russian drivers, though the photo correspondent took it in Britain. Workers at Scotland's largest oil refinery in Grangemouth have gone on strike. The union and Ineos, which owns the facility, have not been able to reach a compromise in negotiations.
|A game of feelings|
Russia tries to keep Chevron in the CPC
The drama surrounding the enlargement of the Caspian Pipeline Consortium (CPC), which links Kazakhstan's Tengiz oil field to the Yuzhnoye Ozereyev port near Novorossiysk continues.
|Mr Ulf Vleeshouwers:|
We study other regions for growth potentialities
The Baltic product market is undergoing significant transformations as the main export directions on the east coast of the Baltic change. OILMARKET asked Ulf Vleeshouwers, president of Nordic Storage which stores oil products heading to north-west Europe, to comment on these trends.
· Full text ·
|We write Nabucco, we think gas|
Within the framework of a concept on providing energy security in Europe, the European commission organised a meeting of representatives from Turkey, Egypt, Jordan, Syria, Lebanon and Iraq on 14 May.
Russo-British vertically integrated TNK-BP is expanding its retail business in Russia and Ukraine, capitalizing on the synergies of this unique partnership's five years of productive cooperation.
|From managers to shareholders|
Executives at SIBUR buy up a controlling stake in the holding for the seller's money
Russia's biggest petrochemical holding, SIBUR, is changing owners. This is the first time since 1991 that such a large business has ended up officially in the hands of a company's top management — and on such easy conditions. This fact would not be so surprising if some six or seven years ago, Gazprom had not tried so hard to retain control over the petrochemical giant and make it genuinely effective.
|Russian engineering goes for export|
Kazakhstan with its prolonged hot temperature periods (within whole April–October) faces the problem of marketable oil undercooling at oil producing enterprises.
Natural and technical gases treatment from sulfides by solid adsorbents
About $13 bn is lost from the State budget due to the non-purpose APG flaring. The analytics assess the profit loss on every non-processed 1 bn m3 of APG equaling to the loss of tank stock of cost amounting to $270 mn. The APG flares produce air emission of more than 400000 t of harmful substances causing enormous damage to the environment.
|FMC Technologies Enhanced Vertical Deepwater Tree Earns Spotlight|
FMC Technologies, Inc. was presented with a 2008 Spotlight on New Technology Award during a ceremony held at the 2008 Offshore Technology Conference (OTC) in Houston. The award, which honors companies that develop innovative technologies that significantly impact offshore exploration and production, recognized FMC Technologies' innovative Enhanced Vertical Deepwater Tree (EVDT).
Gazporm intends to make oil using submarines
Gazprom together with Lazurit construction bureau is working over a project of building drilling submarines, reported Gazprom Head of Offsnore Fields Technics and Technologies Vladimir Vovk on V international conference Offshore Deposits Development in Russia and CIS — 2008 on 27 May in Moscow.