Oleg Kazanov, head of Russia’s Federal Agency for Subsoil Use (Rosnedra), stated that of the country’s estimated 81.6 billion tons of oil resources, only 13.2 billion tons—about 16%—are considered ...
Russia has raised its oil production close to the ceiling in the OPEC+ deal, Russian Deputy Prime Minister Alexander Novak said on Wednesday. “Production is growing... Just as we are unable to ...
A colossal oil deposit — reportedly amounting to 511 billion barrels — has been identified by Russian research missions ...
Russia's seaborne exports are declining in November as US sanctions against the country’s two largest oil producers Rosneft ...
Russia’s oil producers may have to reduce output as intensified Ukrainian drone attacks have damaged critical export and port infrastructure. State pipeline firm Transneft, which handles more than 80% ...
TINOS, Greece, July 21 (Reuters Breakingviews) - Donald Trump does not need so-called secondary tariffs to crush Russia’s oil revenues, currently running at $160 billion a year. The U.S. president’s ...
The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecast in its July short term energy outlook. The U.S. Energy Information Administration (EIA) revealed its ...