Gazprom's Omsk refinery continues to develop while Shell is set to double its retail sites.
Murmansk bunkering is to provide round-the-clock supply as Caterpillar sets up a Singapore marine hub.
RUSAL and Rosneft have signed an agreement for the supply of petroleum coke and natural gas to RUSAL's plants. The Russian Energy Ministry plans to introduce a complex export tax formula for different grades of base oil.
A new government in Greenland may constrain oil and mineral exploration, while Shell is banned from Arctic exploration.
Gas negotiations are set for a positive outcome while oil pipeline prices are agreed.
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