Russia's oil and gas revenue fell 33.7% year-on-year in June to 494.8 billion roubles ($6.29 billion), its lowest since ...

Despite booming demand and record prices, Russia's oil industry faces problems. Subscribe. Log In. Minnesota News You Can Use. Subscribe. The Latest. 13 minutes ago.

S elling more oil at higher prices ought to be the stuff of dreams for a petrostate. But for Russia it is a sign of a new, punishing phase in its war with Ukraine. Months of Ukrainian drone ...

Between the booms of pre-Revolutionary Baku and post-Soviet Russia, the Soviet Union built its own massive and globally influential oil sector, although it operated in ways that differed substantially ...

Analysts say it would be wrong to underestimate Russia’s oil industry. It was struggling when the Soviet Union collapsed in the early 1990s, ...

Russia’s Oil Industry, Linchpin of Economy, Feels Sting of Ukraine War Disruptions Storage facilities are filling up, refineries are cutting output and crude-oil wells are throttling back production ...

Even though Russia is currently capitalizing on high revenues with the high oil and gas prices, its oil industry could be in for a terminal decline and lose 2 million bpd of production by 2030 ...

Today Russia is among the world’s oil market leaders. Despite a significant decline in oil prices, this industry remains the foundation of the modern Russian economy.

The Oil Fields of Russia, and the Russian Petroleum Industry. By A. Beeby Thompson Pp. xviii + 504; plates and maps. (London: Crosby Lockwood and Son, 1904.) Price 3l. 3s. net.

ACCORDING to Science Service of Washington, D.C., the petroleum production of Soviet Russia has now attained the position of being the second largest in the world, the estimated yield last year ...

The price of oil had its biggest one-day decline since the Gulf War in 1991 on Monday, plummeting, at one point, by more than 30 percent. That’s not just bad news for the companies that produce ...

Russia has a large oil and gas industry with trained personnel who can operate most facilities, analysts say. “It is very easy to find Russian technical people to work on these projects,” said ...