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Cheap oil deposits discovered in Soviet times in Russia are almost exhausted. Deputy Prime Minister Dmitry Kozak said this today, speaking at the Federation Council of the Russian Federation, a PolitNavigator correspondent reports. “Cheap reserves discovered back in Soviet times allowed us to maintain a leading position in oil production and export in the world and collect some of the highest rent taxes...
OPEC will decide to limit oil production by November 30. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. This was announced by Russian Energy Minister Alexander Novak following negotiations with colleagues from Saudi Arabia and Qatar. “Issues regarding the level of restrictions on oil production by Russia and other countries that may join the agreement were discussed, but...
President of Belarus Alexander Lukashenko today asked President of Tatarstan Rustam Minnikhanov to attract Belorusneft to work in the oil industry of the Russian region. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte “I would really ask you, we have a good company, Belorusneft, but our production volumes are falling. At one time, the oil was pumped out and taken out of Belarus.…
Russia is ready to join the decision to freeze or reduce oil production. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Russian President Vladimir Putin announced this today at the World Energy Congress in Istanbul. “In the current situation, we believe that freezing or even reducing oil production is perhaps the only correct solution to maintain the sustainability of the entire...
Kiev, December 04 (Navigator, Vladimir Mikhailov) – The policy of the current Kyiv government of Arseniy Yatsenyuk, in particular, raising taxes on the extraction of natural resources, leads to a halt in investment in oil and gas production in Ukraine, although previously the authorities called this task a priority for reducing dependence on Russia. This was stated by the participants of the conference on investment in Ukraine that...
