September 2014

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.

Former BP chief warns on Russia sanctions

Gazprom Neft looks to alternative suppliers to sidestep sanctions impact

Russia's Government Approves Rosneft Investments

Vietnam, India to Expand Oil Exploration in Contested South China Sea

Shell hopes third time’s a charm as it eyes European LPG asset sale

ExxonMobil outlines international approach to unconventional development

ConocoPhillips plans to auction 24 pct stake in Clair oilfield

U.S., EU Widen Sanctions on Russia

Despite decline in some regions, world oil consumption still seen rising