Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »American Oil Drillers` Output could Top Saudi Arabia and Russia by 2019
EIA sees America'.s output at 10.3 million barrels a day this year. the highest annual average on record.
Read More »US has to Buy Russian Natural Gas as Consumer Prices Soar
US sanctions against the Russian energy sector do not directly ban supplies of LNG to America from Moscow.
Read More »Gazprom will Drive Russian Gas Production in 2021
Russia is expected to spend $55.7 bln as capex on conventional gas projects from 2018 to 2021. with spending topping in 2021 at $15.1 bln.
Read More »U.S. Turn to Europe for Siberian Cargo
U.S. domestic demand climbed to a record last week as snow and winds bombarded Americans on the East Coast.
Read More »Europe Becomes Victim of Russia’s Newest Oil Strategy
This soaring demand has already created shortages in parts of the country.
Read More »Markets are Preparing for OPEC Output Cuts
New projects in Brazil and Canada could add as much as rising U.S. exports.
Read More »Crimea`s Role in Depletion of Russia`s Resources
Crimean issue`` has depleted the Reserve Fund. it will have to deplete Russia’s National Welfare Fund next.
Read More »Gazprom Increases Gas Production by 12.4%. Exports by 8.1% in 2017
2017 was the year of Gazprom’s new records of exports. the company’s CEO Alexei Miller told.
Read More »Russia’s Oil Production in Highest Level since 1999
Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.
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