The concept that Belarus may possess deposits of minerals, including petroleum, was justified in 1933 by Rosin A., mining engineer and geologist. Significant contribution into the prospect of hydrocarbons on the territory of the republic made Bogomolov G., scientist and hydrologist. In his accompanying note to the first geological map of the republic the academician defined presence of the dome type structures in south part of the-then Belorussian Soviet Socialist Republic, thus giving basis for exploration of these regions for petroleum presence.
1964
In August 1964 and later in October of the same year the presence of the industrial oil reserves was confirmed. 126 tonnes and practically 600 tonnes of hydrocarbons per day were extracted from two P-8 and P-6 wells correspondingly, which were drilled by the teams of oil experts Zaytsev V.A. and Galko V.N. Further it got the name of Rechitskoe deposit. 
1965
In April 1965 the Enlarged oil-extracting enterprise of Rechitsa (later named Gas and Oil production subdivision “Rechitsaneft” — a leading subdivision of the Production Association “Belorusneft”). P. Masherov, the First Secretary of CK CPB, and leaders of the petroleum industry of USSR participated in the ceremony of its launching.
The deposit of Ostashkovichi, one of the largest in Polesie, was discovered then. Soon oil blowouts appeared at Tishkovskaya, Vishanskay and Davydovskaya areas.
1966
Shashin V.D., Minister for petroleum industry of USSR, signed the Decree for establishing of Gas and Oil Production Association “Belorusneft”.
1967
First million tones of oil and two millions cubic meters of associated gas were extracted.
1973
Oil-and-gas production subdivision “Kaliningradneft” started industrial petroleum extraction. From 1973 to 1977 drillers from Belarus processed 66 900m of rocks and commissioned 29 wells.
1975
In June Oil-and-gas production subdivision “Rechitsaneft” extracted 40 million tonnes of oil since the beginning of operation of Belarus oil fields. In the same year maximum oil extraction was registered for the whole period of operation. The amount was 7,953 tonnes of oil.
1976
Belarus Gas Processing Plant was commissioned. First 11,000 tonnes of liquefied gas were obtained from associated petroleum gas. 
1978
On December 16 the guard team of A. Lupanov from the brigade of N. Matsiguda started drilling of the first strait-line well of PA “Belorusneft” in Western Siberia. Up to 1994 Belarus oil experts assimilated Russian oil fields, most famous are Samotlorskoe, Vakhskoe, Pogranichnoe, Vyngapyrovskoe, Vyngayakhinskoe y Bakhilovskoe deposits.
1984
Reduction of oil extraction stabilized at 2 millions tonnes were produced then.
1998
First automated fuel station of PA “Belorusneft” was commissioned.
100,000,000th ton of oil was extracted since the beginning of operation of Belarus oil fields. The President of the Republic of Belarus A. Lukashenko participated in the ceremony.
2002
10 billions tonnes of associated petroleum gas were extracted.
2003
Since 1966 the experts of the PA processed 5 millions meters of rocks. Taking into account works performed in Kaliningrad region and Western Siberia, 18.5 million meters of rocks in total have been processed.
2005
Regional enterprises for oil production maintenance were included into the structure of PA “Belorusneft”. State organization including 375 oil and gas fuelling stations, petroleum depots and specialized vehicle park was established.
Memorandum of cooperation was signed according to the results of the visit of Belarus Governmental delegation to the Bolivarian Republic of Venezuela. Among key agreements under this memorandum we can distinguish cooperation in petroleum industry. 
2006
PA “Belorusneft” celebrated its 40th anniversary in the city of Rechitsa, the capital of the oil extraction industry of Belarus. Here a Memorial was erected to commemorate the pioneers of Polesye oil extractors.
After commissioning of associated oil gas PP, which is an autonomous resource of electric and thermal energy production, a proper system of power supply was formed in Belarus.
On September 2006 the Decree of the President of the Republic of Belarus on Establishing of the State Production Association “Belorusneft” was published. Oil and gas production enterprise “Belorusneft”, its regional and city affiliates for oil and gas maintenance, agro-industrial enterprise “Belorusneft-Osobino”.
In December of the same year Belarus oil experts started works on evaluation of oil reserves of Block Junin-1 in the Orinoko river basin.
2007
On April 4 in Moscow an Agreement on rat hole drilling at oil deposits of Yamalo-Nenetsy district was signed. This event became a new phase of cooperation between Belarus and Russian oil experts which was interrupted in the middle of 1993. 
In July of that year an affiliate of PA “Belorusneft” in the Russian Federation was established in the city Gubkinsky (Yamalo-Nenetsy district). Its principal activity is implementing well overworks and current maintenance, drilling, backfill and derrick building.
In July in the bottom of Berezina river, Svetlagorsk Department for Drilling Works started drilling of the most deepest well — the 1st Prybortovaya – by pitless drilling. Its projected depth is 5,720m.
In November, Joint Belarus and Venezuela enterprise “Sismica BieloVenezolana” on seismic prospecting was registered.
In December, an Agreement on establishing of Joint Belarus and Venezuela enterprise “Petrolera BieloVenezolana” on oil extraction was accepted. The document was signed by the President of the National Oil Company of Venezuela E. del Pino and the Director General of “Belorusneft” A. Liakhov. Two more oil fields, Lagomedio Block X and Guaro Este, were included into the structure of the joint enterprise.
On December 8 the President of the Republic of Belarus A. Lukashenko officially visited Venezuela. The leaders of the two countries signed a number of important documents, including those concerning cooperation in oil industry. They also made a decision to include tree more oil fields into the structure of the joint enterprise. Then the presidents visited the object of the Joint Belarus and Venezuela enterprise, located at Guaro Este oil field where the first oil flow was obtained right in their presence.
2008
In February of this year the team of N. Ovsiannikov, a drilling master from Svetlogorsk Department for Drilling Works, drilled the 1,000th well in Belarus.
In May, the Gas fuelling station of “Belorusneft – Svisloch GAS” was commissioned. It became the first step towards realization of the Project on export of liquefied gas, extracted in Belarus.
In July, the President of the Bolivarian Republic of Venezuela Hugo Chávez visited Belarus. According to the bilateral negotiations held in the presence of the heads of the states, the leaders of the oil enterprises of Belarus and Venezuela, A. Liakhov and E. del Pino, signed a Memorandum of including into the structure of the joint enterprise on oil extraction of three more oil fields.
In July, “Belorusneft-Osobino” CJSC was registered as a resident of the Russian Federation. New organization replaced an affiliate of RUE “Production Association “Belorusneft” in the Russian Federation and become its legal successor. 
“Sibur Holding” CJSC and RUE “Production Association “Belorusneft” signed an Agreement on cooperation in the petrochemical industry for 2009-2011.
RUE “Production Association “Belorusneft” and “PetroVietnam Corporation” signed a Memorandum on cooperation.
The enterprises for oil product maintenance of RUE “Production Association “Belorusneft” started wholesales of mixed biofuel by its proper commercial distribution system, located throughout Belarus.
2009.
In May first well of Guara Este field designed by the Belarusian specialists of the oil production joint venture “Petrolera BeloVenesolana” was drilled. The well became not only the first well designed by Belarusian oil-well specialists in the history of the joint venture but the first one drilled within the territory of the Latin American continent.
In June commercial production of Geological field discovered by specialists of “Belorusneft” in December 2008 was started.
Venezuelan-Belarusian joint venture “Petrolera BeloVenesolana” produced its first million tones of oil. Oil was produced from two fields included into structure of the joint enterprise. These are Guara Este and Lago Medio, X block. In July leaders of the Republic of Belarus and Raphael Ramires, the Minister of Energy and Oil of Venezuela, signed the Act on transfer of three new oil fields such as Oritupano Norte, Ostra and Lagunilas, P block to the joint venture. In July document on the results of the work per ended year was signed on the meeting of shareholders of “Petrolera BeloVenesolana”. The document is the first one in which dividends from abroad oil production are registered.
In July modernization of oil products store on Mozyr was finished. Nowadays the oil depot meets all current requirements on technique level and oil storage automatization, loading and filling tank-cars with oil products. The oil depot in Mozyr is the first depot of “Belorusneft” which works under new technology of oil products account.
In September second storage facility of Belarusian gas processing plant was opened. New terminal with capacity 8,000 m3 was designed to accept, store and provide liquefied hydrocarbon gases and hydrocarbon propellants to external consumers, to store and supply processing hydrocarbon material, supplied by “SIBUR Holding” JSC, the general Russian supplier. Start-up of the storage facility No. 2 will provide increasing of supplied raw materials processing and increasing of finished products production as a result.
In December “Belorusneft” produced 120 million tones of oil.
2010.
In March in Caracas Venezuelan Oil Minister Rafael Ramirez Carreño has signed the license granting the joint Venezuelan-Belarusian oil production enterprise the right to develop six natural gas fields. They are located in the Eastern Venezuela Basin.
“PDVSA Servisios” and “Belorusneft” companies signed the contract for establishing joint Belarusian-Venezuelan enterprise for well repair and development “Servicios Petroleros BeloVenezolana”.
The team of PA “Belorusneft” branch in the Russian Federation expanded the collaboration geography in the oil services domain. Apart from the works carried-out for “RN-Purneftegas”, JSC in May Belarusian oil workers commenced well- workover operations for “Muravlenkovskneft” branch of “Gazpromneft-NNG”, OJSC.
On June 25 “Belorusneft-Ukraine” limited liability company was registered in Chernigov. On the territory of Ukraine the company shall perform retail and small-scale wholesale fuel distribution including the liquefied hydrocarbon gas produced by BGPP.
The memorandum of affiliating another two oil fields located in Lake Maracaibo region (west of Venezuela) to Venezuelan-Belarusian joint enterprise “Petrolera BeloVenezolana” was signed in October.
Limited Liability Company “BELORUSNEFT Polska” Sp. z o.o.” was registered on October 29 in Poland. Its major target is small-scale wholesale distribution of the oil products and liquefied gas produced by Belarusian enterprises on the territory of Poland.
2011.
At the Republican Scientific and Practical Conference on Potential of Combustible Fuels Recovery in Belarus and its Prospects for the First Half of the XXIth Century, which took place in May in Rechitsa, leading Belarusian, Ukrainian, Polish and Russian geologists approved a Forecast on Development of Combustible Fuels in Belarus up to 2050.
Since June 1, Belarusian oil company has been represented in Russia by Belorusneft-Sibir Limited Liability Society, the new organization succeeding to the Belorusneft’s Russian representative office.
Belorusneft Association, among other 22 Gomel’s most efficient enterprises, is now represented at the city’s Honours Board.
In September, a 345t capacity drilling unit produced jointly by Italian Drillmec S.p.A. and Seismotekhnika, OJSC – Gomel Machine-Building Enterprise included into Belorusneft Production Association was represented at Rechitsa Oil Field. Improved specifications of the unit allow drilling wells with depth of up to 5 km. The joint production of drilling units opens up new perspectives both for exploration of Belarus’ oil fields and development of Seismotekhnika, OJSC.
In October, a Memorandum on Assigning Two More Oil Fields to the Venezuelan-Belarusian Enterprise for Oil and Gas Recovery. These are Lama-1 and Lama Lago, which are situated at Lake Maracaibo. In 2012, Petrolera BieloVenezolana Joint Enterprise is now developing the total of nine oil fields.
In October in Gomel, Alexander Liakhov, Belorusneft’s Director General, and Nikolai Brunich, Zarubezhneft’s Director General, signed an Agreement on Strategic Partnership, which envisages establishing long-term mutually beneficial economic cooperation in the field of innovation activities concerned with development of difficult hydrocarbon reserves and enhancement of oil recovery.
