Global Oil Reserves
The world demand for oil is extremely high, and so far no substitution for the...
Russia’s Arctic Ambition Moribund Without Foreign Partners
The Arctic Circle is estimated to be home to 30% of the world’s undiscovered gas...
Russia’s Biggest Oil Companies, in One Chart
What does the Russian oil sector look like in figures? Generally speaking, Russian oil companies...
Fire at oil refinery in central Russia quickly extinguished
One of Russia’s oldest refineries, located on in Saratov, a city on the Volga river,...
Greece and Germany: An Unlikely Pair to Dominate the European Gas Market
At this year’s St. Petersburg Economic Forum, Russia announced two major European pipeline projects –...
Money has no smell
There has recently been a significant breakthrough in talks over the Iranian nuclear program. However,...
Yukos, Rosneft reach settlement agreement
Rosneft and a group of its subsidiaries including Samaraneftegaz, Tomskneft and Angarsk Petrochemical Company reached...
Samotlor Field
Almost 50 years ago, in the summer 1965, Soviet geologists discovered oil field under the...
World marks 40 years since King Faisal assassination
On this day, 40 years ago, Saudi Arabia’s King Faisal was assassinated in palace in...
ExxonMobil pays too much to Russia
ExxonMobil wants to get back the money, which the company overpaid as profit tax within...