Oil and condensate reserves increased by 592 million tons and natural gas by 708 billion cubic meters, surpassing the ...

Russia has announced that its extractable gas reserves are sufficient for more than 100 years, based on current production levels.According to TASS News Agency, Alexander Kozlov, Russian Minister of ...

The country ranks fifth in terms of oil reserves, with 31.4 billion tons in total. The largest Russian gas fields are located in the Yamalo-Nenets Autonomous District (Yamalo–Nenets Autonomous ...

Greenland, an island with vast renewable and mineral resources, is attracting interest due to its strategic location and ...

MOSCOW. Jan 30 (Interfax) - Russia increased its recoverable commercial (AB1C1 category) liquid hydrocarbon (oil and condensate) reserves by 592 million tonnes and natural gas reserves by 708 billion ...

The dissolution of the Soviet Union greatly affected this decades-old gas business. Russian gas now had to transit an ...

Large oil and gas reserves The existing petroleum reserve base in former Soviet Union countries is very large and could support significantly higher production and exports. Russia has one-fourth of ...

The oil was released by two aging Russian tankers that were damaged during ... drawing the money from its reserve fund. Three days earlier Mr. Putin ordered a report on the condition of Russia ...

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

MOSCOW. Feb 6 (Interfax) - Businesses invested approximately 320 billion rubles in oil and gas geological exploration in 2024, which is the same level as the previous year, the Natural Resources ...

China’s use of its strategic oil reserves has always been a powerful tool in the global oil market. With new U.S. sanctions targeting Russian crude, traders are now asking: will China’s ...

The Ukraine war has had the biggest effect on tanker trades as Europe has diversified its suppliers of oil and products away ...