AAPG ICE: Seismic reprocessing enhances potential for Russia’s legacy basins

AWE, Origin in Huge Western Australia Gas Find AWE Said it Could Be Largest Onshore Natural-Gas Discovery in Western Australia for 50 years

North American shale-focused companies' financial performance has improved

Norway oil output declines in August

Board of Directors addresses relationships with Ukraine in gas sector

Russia playing games with gas supplies to spread concern

China rig finds gas after Vietnam sea standoff

Myanmar sees foreign investment topping $5 bln in 2014-15

Russia is the second-largest producer of dry natural gas and third-largest liquid fuels producer in the world. Despite its significant reserves of coal, it produces only modest amount of coal. Russia's economy is highly dependent on its hydrocarbons, and oil and gas revenues account for more than 50% of the federal budget revenues.

Vietnam, India to Expand Oil Exploration in Contested South China Sea Vietnam, India Sign New Oil and Gas Deal Despite Previous Objections From China