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Oil Prospecting Under Kremlin Watch
As the Russian government moves to reassert its sway over
the country’s lucrative energy business, the British oil and gas
giant BP would seem to be an obvious target. The company’s 50-50
Russian venture, called TNK-BP, is posting record profits, and now
pumps one of every five barrels of BP’s worldwide oil supply.
October 28, 2004
U.S. energy official praises Russia’s oil increase
The U.S. energy secretary, Spencer Abraham, praised on Friday Russia’s plans to increase oil exports to America and highlighted natural gas as the next long-term U.S.- Russia joint energy project.
May 28, 2004
