Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's ...

In this video I talk about and show a few interesting maps of the Russian Federation. Russia has been on the news a lot ...

As if that weren't enough, Rosneft is also in the process of acquiring BP's 50% stake in TNK-BP, Russia's third-largest oil company for $17.1 billion in cash and 12.8% of Rosneft's shares, for a ...

This discovery, experts warn, could shift the world’s energy balance and turn Antarctica from a scientific sanctuary into the ...

Oil prices dropped by less than 1% on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the war ...

The global oil map is being redrawn as the long-run impact of western sanctions channels more barrels from Russia to Asia’s largest economies, with China also taking crude from Iran and Venezuela.

Around one-third of Russia's seaborne oil exports—making up some 1.5 percent of global supply—pass through this route. Moscow's flagship Urals oil is shipped from the ports of Primorsk and Ust ...

Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration, Russia’s Deputy Energy Minister ...

Russia is one of the world’s largest oil producers. According to the 2021 BP Statistical Review of World Energy, in 2020 Russia produced 10.1 million barrels per day (BPD) of crude oil and ...

Even as Russia continues producing about 10 million barrels of oil per day — making it the world’s third-largest producer, after the United States and Saudi Arabia — the European oil ban and ...

Still, ventures involving Western companies account for only about 15 percent of Russian oil production, Ms. Mitrova figures. Russia has a large oil and gas industry with trained personnel who can ...