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TNK-BP to Spend 670 Million Rubles on Modernization of Process Furnaces at Ryazan Refinery in 2012

TNK-BP will spend over 670 million rubles in 2012 on a programme to upgrade the process furnaces at the Ryazan Oil Refinery Company (CJSC RORC is a member of the TNK-BP group of companies). Fifty of the 56 process furnaces included in the programme are to be upgraded by the …

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TNK-BP Fully Converts Saratov Refinery and YANOS to Production of Euro-5 Motor Fuels

TNK-BP announces that as of July 01, 2012 the Saratov Oil Refinery (SNPZ – a subsidiary of TNK-BP) and Yaroslavnefteorgsintez (YANOS forms part of Slavneft, which is owned by TNK-BP and Gazprom Neft on a parity basis) had been fully converted to the production of Euro-5 environmental class motor fuels. …

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TNK-BP Will Get an Effect of $11 Mln as a Result of Reducing Refinery Losses in 2012

TNK-BP reports that a positive effect of $11 mln is expected as a result of the long-term program for loss reduction at the Company’s refining assets in 2012. The Company has been consistently implementing projects aimed at enhancing refineries operational excellence along three key directions: reduction of irrecoverable losses and …

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