The concept that Belarus may possess deposits of minerals, including petroleum, was justified in 1933 by Rosin A.M, mining engineer and geologist. Significant contribution into the prospect of hydrocarbons on the territory of the republic made Bogomolov V.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
Enterprises for oil production maintenance, such as Group of companies “Belneftekhim”, 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”, and machinery manufacturer “Seismotekhnika” were included into its structure. After affiliation of “Seismotekhnika” to the PA “Belorusneft” the latter started to develop new type of activities — machinery building.
In November the President of the Republic of Belarus A. Lukashenko visited Iran, when Memorandum of cooperation in petroleum industry was signed. It defined participation of PA “Belorusneft” in the development of Jufeyr oil field.
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
In April within the frames of cooperation of PDVSA and “Belorusneft” in the field of seismic prospecting an Agreement on supply of 5 vibration sources to Venezuela manufactured by “Seismotekhnika” was signed.
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 1994. 
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.
On September 5, in Teheran, in the presence of the Minister for Oil industry of Iran the leaders of the State Production Association “Belorusneft” and the Iranian National Oil Company signed the Service agreement on the development of Jufeyr oil field. Belarus and Iran parties negotiated on the General development plan.
In the October of 2007 Joint Iranian and Belarus enterprise “BelPars Petroleum Company, Ltd.” was established.
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.
In October of this year an Agreement with NIOC was reached on transfer to the Joint Iranian and Belarus enterprise “Belpars Petroleum Company Ltd.” one more oil layer, Fahlian, of Jufeyr oil field. This will allow increasing oil extraction from 25 to 40 thousand barrels per day. 
“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 specialists of “Seismotechnika” JSC of “Belorusneft” association in cooperation with their colleagues from Venezuela produced five domestic Vibroseis sources, vehicle sets of which were supplied to Venezuela in summer 2009. Geophysical equipment was designed for Venezuela's national oil company. Supply of geophysical and oil field equipment for state corporation “Turkmenology” and Russian “Surgutneftegaz” JSC was started.
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 October specialists of “Belorusneft” started field seismic exploration works in the south of Iran in Band-e-Karkheh field took place within the framework of Belarusian-Iranian cooperation.
In December “Belorusneft” produced 120 million tones of oil.
