DYM Resources project manager Denis Varaksin spoke at the Argus Iran Base Oils and Lubricants Conference in Tehran, discussing how Russian base oils and other former Soviet Union base oils will compete with Iranian base oils in a post-sanctions world. “Heavy grades like SN 900, SN 1200 and Bright Stock from Russia will be still […]
The world’s biggest aluminum producer, UC Rusal, reports that its raw petcoke purchase price dropped by 21.7 percent in 2015. The company does not specify how much it spent for petcoke (petroleum coke) or what volume was purchased. The main reasons for the lower costs were sinking commodity prices, Russian ruble depreciation in 2015 and decreased purchase volumes. Rusal’s purchase price […]
Gazprom Neft achieved 75,000 tons of petcoke production at its Omsk refinery between January and June 2015, according to the company’s second quarter financial report. Gazprom Neft is currently building a new petcoke (petroleum coke) unit in Omsk with a source capacity of 2 million tons per year. This new unit will help to double petcoke production in […]