Rosneft, Russia’s state-controlled oil company and the largest oil producer in the country, plans to develop an Arctic cluster ... redirecting oil from the new fields of the Vankor Cluster ...

June 19 (UPI) --Preliminary data indicate a new oil field ... Development of the fields above the Arctic Circle is costly, with most Russian operators waiting for oil to move above $75 per barrel ...

In addition to gas, Russia’s Arctic is filled with rare-earth metals the Trump administration has publicly expressed interest in. At the forum, Dmitriev said the new fund plans to invest in ...

US-Russia talks in Saudi Arabia and the Trump-Putin phone call signal a possible negotiation for peace in Ukraine and new ...

SINGAPORE/NEW DELHI, Jan 5 (Reuters) - Russia is sending more crude oil produced in the Arctic region to China ... Arco and Arco/Novy Port produced at fields operated by Gazprom Neft (SIBN.MM ...

Countless headlines herald a new ... flat oil price. In short, only the biggest oil companies can afford to take the risks and the time to develop Arctic fields. That holds true for Russia and ...

OSLO: The vessel that will tap Norway’s newest oil ... Arctic. The startup of the the Johan Castberg production vessel later this year “opens up a new oil province in the Barents Sea, and this ...

IEA Sees Russia Oil Output Stable to 2030 Due to Arctic Project Nation’s oil production seen at around 10.8m b/d in 2025-2030 Vostok Oil will help to offset losses at mature oil fields ...

It was polar winter, one long night. The lakes had frozen in the Far North, and the foxes and the grouse had shed their brown fur and feathers in favor of Arctic white. To survive the months of ...

Russia’s Arctic LNG 2 development faces additional hurdles in supplying liquefied natural gas to international markets after the US imposed new sanctions ... for the Vostok Oil project, which ...