• Anadolu Agency
  • Electricity
    • Nuclear
    • Thermal
    • Coal
  • Natural Gas
    • Upstream
    • Downstream
    • Lng/Lpg
  • Oil
    • Upstream
    • Downstream
    • Refining/Petro Chemistry
  • Renewable
    • Wind
    • Solar
    • Hydro
    • Geothermal/Biomass
  • Finance
  • Regulation
    • Oil
    • Electricity
    • Natural Gas
    • Renewable
    • LPG
  • Energy Diplomacy
    • Energy Security
    • International Relations
    • International Organization
    • Energy Projects
  • other
    • News from companies
    • Energy Meetings
    • Video
  • Türkçe
  • English
Anadolu Agency Anadolu Agency
  • Anadolu Agency
  • Electricity
    • Nuclear
      Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

      Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

      Akkuyu Nuclear says commissioning underway for 1st reactor unit

      Akkuyu Nuclear says commissioning underway for 1st reactor unit

      International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

      International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

      Experts, policymakers explore ways for Africa’s energy transition

      Experts, policymakers explore ways for Africa’s energy transition

    • Thermal
      Türkiye says power system strong amid European blackout

      Türkiye says power system strong amid European blackout

      Türkiye's daily power consumption down 1.8% on April 26

      Türkiye's daily power consumption down 1.8% on April 26

      Türkiye's daily power consumption up 16.7% on May 22

      Türkiye's daily power consumption up 16.7% on May 22

      Türkiye's daily power consumption increases 1.2% on May 10

      Türkiye's daily power consumption increases 1.2% on May 10

    • Coal
      Türkiye says power system strong amid European blackout

      Türkiye says power system strong amid European blackout

      Global carbon emission storage facilities double in 5 years

      Global carbon emission storage facilities double in 5 years

      Trump seeks to revive coal industry and reverse long-term decline with new orders

      Trump seeks to revive coal industry and reverse long-term decline with new orders

      Highlights of Türkiye's energy market in 2024

      Highlights of Türkiye's energy market in 2024

  • Natural Gas
    • Upstream
      Spot market natural gas prices for Tuesday, Nov. 5

      Spot market natural gas prices for Tuesday, Nov. 5

      Global natural gas investments to reach almost $9 trillion by 2050

      Global natural gas investments to reach almost $9 trillion by 2050

      Spot market natural gas prices for Thursday, Jan. 5

      Spot market natural gas prices for Thursday, Jan. 5

      Turkish president announces more gas reserves found in Black Sea

      Turkish president announces more gas reserves found in Black Sea

    • Downstream
      Spot market natural gas prices for Thursday, April 17

      Spot market natural gas prices for Thursday, April 17

      Türkiye's natural gas imports up 17.7% in October

      Türkiye's natural gas imports up 17.7% in October

      Costs double as oil and gas discoveries decline in global markets

      Costs double as oil and gas discoveries decline in global markets

      Global gas production to increase by around 32% by 2050

      Global gas production to increase by around 32% by 2050

    • Lng/Lpg
      Türkiye's LPG production up 10.1% in April

      Türkiye's LPG production up 10.1% in April

      European energy markets face volatility in 2H25 amid tight LNG supply

      European energy markets face volatility in 2H25 amid tight LNG supply

      Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

      Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

      Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

      Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

  • Oil
    • Upstream
      Oil production in Türkiye's eastern region breaks first record in 2024

      Oil production in Türkiye's eastern region breaks first record in 2024

      Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

      Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

      US crude oil inventories down 1% for week ending Dec. 8

      US crude oil inventories down 1% for week ending Dec. 8

      US oil rig count up for week ending Dec. 8

      US oil rig count up for week ending Dec. 8

    • Downstream
      US oil rig count down by 8 for week ending May 23

      US oil rig count down by 8 for week ending May 23

      US oil rig count down by 6 for week ending June 28

      US oil rig count down by 6 for week ending June 28

      Oil dives as weak US inflation data dashes hopes for interest rate cuts

      Oil dives as weak US inflation data dashes hopes for interest rate cuts

      Oil rebounds over US plans to refill emergency stockpiles

      Oil rebounds over US plans to refill emergency stockpiles

    • Refining/Petro Chemistry
      US oil rig count down by 9 for week ending April 11

      US oil rig count down by 9 for week ending April 11

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

      Oil prices up on expectations of supply delay from OPEC+, recession fears in US

      Oil prices up on expectations of supply delay from OPEC+, recession fears in US

      Oil prices rise in week ending Aug.30 amid falling US inventories

      Oil prices rise in week ending Aug.30 amid falling US inventories

  • Renewable
    • Wind
      Global offshore wind capacity hits 83 GW, powering 73 million homes

      Global offshore wind capacity hits 83 GW, powering 73 million homes

      Türkiye's installed wind power capacity soars 177% in decade

      Türkiye's installed wind power capacity soars 177% in decade

      Global wind power capacity sees record growth in 2024

      Global wind power capacity sees record growth in 2024

      Solar and wind permanently overtakes domestic coal in Türkiye's power generation

      Solar and wind permanently overtakes domestic coal in Türkiye's power generation

    • Solar
      Candidate region selected for Türkiye's first YEKA floating solar power plant

      Candidate region selected for Türkiye's first YEKA floating solar power plant

      Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

      Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

      Chile launches largest solar plant with battery storage in Latin America

      Chile launches largest solar plant with battery storage in Latin America

    • Hydro
      Türkiye leads Europe with highest rise in hydropower capacity

      Türkiye leads Europe with highest rise in hydropower capacity

      Hydropower's role expands amid soaring global electricity demand

      Hydropower's role expands amid soaring global electricity demand

      China set to build world's largest dam in Tibet

      China set to build world's largest dam in Tibet

      TotalEnergies expands renewables portfolio with hydropower deals across Africa

      TotalEnergies expands renewables portfolio with hydropower deals across Africa

    • Geothermal/Biomass
      Highlights of Türkiye's energy market in 2024

      Highlights of Türkiye's energy market in 2024

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Taiwan starts drilling of 1st deep geothermal well

      Taiwan starts drilling of 1st deep geothermal well

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

  • Finance
    • Global wholesale gas prices average $4.88 per MMBtu in 2024

      Global wholesale gas prices average $4.88 per MMBtu in 2024

      Türkiye's daily power consumption up 4% on June 24

      Türkiye's daily power consumption up 4% on June 24

      Global renewable energy capacity surges 377% over past decade

      Global renewable energy capacity surges 377% over past decade

      Oil down with Fed inflation forecast, easing geopolitical tensions

      Oil down with Fed inflation forecast, easing geopolitical tensions

      Türkiye's daily power consumption up 2.3% on June 19

      Türkiye's daily power consumption up 2.3% on June 19

  • Regulation
    • Oil
      OPEC+ agrees to extend group-wide output cuts into 2025

      OPEC+ agrees to extend group-wide output cuts into 2025

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

      OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

    • Electricity
      Spot market electricity prices for Sunday, Dec. 3

      Spot market electricity prices for Sunday, Dec. 3

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      Spot market electricity prices for Thursday, June 8

      Spot market electricity prices for Thursday, June 8

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

    • Natural Gas
      Spot market natural gas prices for Friday, Dec. 1

      Spot market natural gas prices for Friday, Dec. 1

      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

    • Renewable
      Global offshore wind capacity hits 83 GW, powering 73 million homes

      Global offshore wind capacity hits 83 GW, powering 73 million homes

      Global energy transition requires $21.4T investment in power grids by 2050

      Global energy transition requires $21.4T investment in power grids by 2050

      Global renewable energy capacity surges 377% over past decade

      Global renewable energy capacity surges 377% over past decade

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

      Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

    • LPG
      Türkiye's LPG production up 12.4% in March

      Türkiye's LPG production up 12.4% in March

      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production up 15% in December 2023

      Türkiye's LPG production up 15% in December 2023

  • Energy Diplomacy
    • Energy Security
      EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

      EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

    • International Relations
      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Albania, Italy, UAE sign deal on green energy cooperation

      Albania, Italy, UAE sign deal on green energy cooperation

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

      Türkiye, UK partner on ‘Energy and Climate Dialogue’

      Türkiye, UK partner on ‘Energy and Climate Dialogue’

    • International Organization
      Trump's victory shifts focus to US climate, trade policies

      Trump's victory shifts focus to US climate, trade policies

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      US energy agency revises down Brent price forecast for 2024

      US energy agency revises down Brent price forecast for 2024

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

    • Energy Projects
      US energy agency slightly revises up Brent price forecast for 2025

      US energy agency slightly revises up Brent price forecast for 2025

      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Syria, Saudi energy company discuss cooperation in agricultural sector

      Syria, Saudi energy company discuss cooperation in agricultural sector

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

  • other
    • News from companies
    • Energy Meetings
    • Video
  • select language
    • Türkçe
    • English

How Russia reinvigorated its oil industry since 2014

home > analysis 05.03.2018 12:50

How Russia reinvigorated its oil industry since 2014

- The Writer holds an MSc in Eurasian Political Economy & Energy from King’s College London and also an MA in European Studies from Sabancı University.

Following the collapse of oil prices in mid-2014, many oil-producing countries that were highly dependent on oil exportation, experienced difficulties keeping their economies afloat. Surprisingly among all these petrostates, Russia’s oil industry has shown intense resilience during an era of low oil prices. Not only did Russia lose oil export revenue since then, it has also faced heavily imposed sanctions and found it difficult obtaining international funding to revitalize its oil industry. There was no secret recipe for how Russia managed to navigate through these trying times, however, a combination of the devaluation of the ruble, a friendly tax environment, and a commitment to maintaining upstream spending have all worked in favor of the oil industry in Russia.

The success of the Russian oil sector’s resilience is based mainly on increased oil production in newly developed greenfields, or new fields, and in the maintenance of production in brownfields or mature fields. While many of Russia’s well-known big oil companies have shown flat production since oil prices dropped in 2014, it has been the other smaller oil companies that eventually contributed to Russia’s increased oil production. 

Major oil companies Rosneft and Lukoil were unable to increase their production, whereas the relatively smaller companies; Tatneft, Gazprom Neft and Bashneft have genuinely performed well. The production growth in all of these relatively smaller companies is primarily based on new greenfields. For instance, Gazprom Neft operated in the Arctic, Tatneft focused on fields in Tatarstan and Bashneft operated in Timon Pechora fields, which is still in its growth phase. 

Compared with the 10.58 million barrels per day (/d) of production in 2014, Russia continued to increase oil production over the following years. Overall production reached 10.73 /d in November 2015, and at the end of the year, Russia produced 10.83 /d. This rapid growth in production continued in 2016 and 2017 as well. At the end of 2016, oil production grew to 11.24 million bpd to reach a 30-year high. 

With the aim of maintaining tax revenues, the Russian government focused on companies operating chiefly in brownfields during the period of lower oil prices. To control depletion of these fields and to further generate growth, production was reduced by 2 percent since 2013, however, production could easily have dropped by as much as 10 percent. Oil market experts assert that if no intervention were taken in these brownfields’ production, their output level would have dropped further. Furthermore, to enhance brownfield reservoir productivity, companies such as Rosneft began to utilize horizontal drilling, which currently accounts for almost 30 percent of its operations. As companies further invest in horizontal drilling technology, it is estimated that horizontal drilling will be responsible for half of all oil production in Russia by 2025. 

The resilience in Russia’s oil sector also stemmed from increased expenditure in upstream activities. Remarkably, local companies found a way to get extra funding for upstream activities during the oil price collapse and at a time when western sanctions aimed at hampering Russia’s big oil projects. 

There is no doubt that the oil sector operates with high capital intensity and that the Russian oil sector has experienced problems accessing international funding after the annexation of Crimea. To further increase oil production, many companies deliberately delayed downstream investments and prioritized their strategy towards upstream projects. 

To increase the volume of higher quality and value-added products, the government introduced a tax system that gradually increased taxes on companies that produced sub-standard products. Therefore, many companies were forced to increase investments in better quality products and to enhance the quality of refining to alleviate their tax burden. As a result, the overall quality of the refining system in Russia has started to recover.  

The devaluation of the ruble has also played an important part in propping up Russia’s oil sector. The decision of the government to allow the ruble to float freely amid market forces has helped the industry to maintain its profitability and thus to invest in the upstream sector.  Despite the heavily imposed sanctions, the Russian oil sector managed to survive, and moreover, continued to fund its upstream projects to increase overall production.

The main challenge for the Russian government since mid-2014 has arisen from the overall drop in oil tax revenue. Although total oil production reached over 11 million bpd for the last two years, the share of oil revenue in the federal budget plummeted from approximately 50 percent prior to 2014 to 36 percent in 2017. The government budget deficit has also increased during the same period and the Reserve Fund, which was built up during the oil price boom years, has been utilized to curb the increasing budget deficit. The government slashed its spending but it is expected that with the help of increased oil prices, Russia’s financial position could return to one of strength. 

In the short to medium-term, despite the heavy sanctions and low financing, the Russian oil sector managed to grow. However, the acceleration in growth, which peaked in 2016 and 2017, might not last over the long term unless Russia’s new fields are exploited. Three major regions in Russia offer great potential over the long term. Firstly, enormous potential lies in the Arctic but it requires international funding and high technology. Secondly, Russia Eastern Siberia has increasingly become a center of attention with its vast reserves both for local and international oil companies. Lastly, Russia holds one of the largest oil shale and tight oil fields in West Siberia that is waiting to be explored. Neither Russia’s current technology nor its domestic funding will be sufficient to operate these fields, but if sanctions are lifted, numerous opportunities will arise for production.  

The help of a supportive tax environment, the devaluation of the ruble along with strategic investment in the upstream sector have all helped Russia to increase its overall oil production during an era of collapsed oil prices and heavy sanctions. The steady progress that has been seen since mid-2014 has shown the oil sector’s resilience to shocks and proved that during the most pressing of times, an industry can reinvigorate itself with the right strategy. The current solutions employed have helped Russia overcome bottlenecks in the short term, nevertheless, once the East Siberian, the Arctic, and shale oil fields are fully discovered and the necessary technology and funding found, the potential in expanding the sector over the long-term looks enormous.

- Opinions expressed in this piece are the author’s own and do not necessarily reflect Anadolu Agency's editorial policy. 


related news

Oil prices edge lower as tariff uncertainty, inflation concerns weigh on market
Oil prices fall on OPEC+ output hike bets, US tariff concerns
Oil prices edge higher as weak dollar boosts demand
Tel Aviv-Tehran reconciliation set to drive oil prices toward $60 range: Experts
Türkiye's oil imports up 2.2% in April
US oil rig count down by 6 for week ending June 27
Facebook Facebook Twitter Google LinkedIn

Coal mine accident in China kills 3 miners, 130 rescued

- Water surge claims three lives in coal mine accident in Baiyin, northwest China's Gansu province
20.05.2025 analysis

Türkiye's natural gas imports down 4.1% in January

- Russia, Azerbaijan, and Iran are Türkiye's largest gas suppliers, providing 2.78 bcm, 795.39 mcm, and 185.97 mcm, respectively
27.03.2025 Natural Gas , analysis

Türkiye's energy import bill up 5.7% in February

- At $6.08 billion, energy accounts for 21.3% of overall import figures in Türkiye in February
29.03.2025 analysis

Growth in global energy demand surged in 2024: IEA

- Global energy demand grows by 2.2%, outpacing 1.3% annual average from 2013 to 2023, according to Paris-based energy watchdog
25.03.2025 analysis , General

Syria’s civil war cost electricity infrastructure $35B

- Electricity minister says infrastructure severely damaged during nearly 14-year civil war
24.03.2025 analysis

Türkiye's energy import bill down 2% in January

- At $6.38 billion, energy accounts for 22.2% of overall import figures in Türkiye in January
27.02.2025 analysis , General

Trump's "trade war" creates ripples in global commodity and energy markets

- US President Donald Trump's tariff threats on Canada, Mexico, EU, China and Russia signal new era in global economy
12.02.2025 analysis

Exclusive - Iran's oil halt pushes Syria toward new regional cooperation

- Saudi Arabia's potential oil supply is seen as a strategic move that could reshape regional energy dynamics
27.12.2024 Natural Gas , Oil , analysis , Energy Diplomacy , Energy Projects

Strategic minerals and REEs: The new battleground in global power play

- This moment calls for Türkiye to accelerate its efforts, forge robust partnerships, and invest significantly in developing its rare earth processing capabilities to solidify its role as a key player in the global strategic minerals market
26.07.2024 analysis

China's hegemony in rare earth market threatens open price structure

- Trade wars prevent formation of stable market and transparent pricing mechanism for rare earths, founder of Turkish Critical Minerals Initiative says
12.03.2024 analysis

Africa’s civil society groups skeptical about Loss and Damage Fund announced at COP28 climate change summit

05.12.2023 analysis

Thousands hold climate rally in Brussels as COP28 talks underway

06.12.2023 analysis

Sakarya gas discovery gives Turkey a winning combination of cards

The recent success seems to be giving Turkey an even stronger hand in upcoming negotiations with gas importers and promises to greatly decrease Turkey’s gas dependence on imports.
15.06.2021 analysis

Natural Gas Discoveries in Black Sea: What Does It Mean For Turkey?

24.08.2020 analysis

EU's hypocrisy will not resolve disputes in Eastern Mediterranean

17.08.2020 analysis

Cheap Oil: which country is it good for?

30.03.2020 analysis

Will Turkey Explore Oil in Somalia?

10.03.2020 analysis

Current Status of Nuclear Energy in EU and Turkey

02.01.2020 analysis

Saudis surprise while Russia wins in new OPEC deal

- Kingdom cements its power as swing producer by making 400,000 barrels a day voluntary curb
10.12.2019 analysis

Spain’s Renewables Curse: How Not to Regulate?

12.12.2019 analysis

Trump’s Syrian Oil Grab Could Lead to War Crime

14.11.2019 analysis

Saudi Aramco to sell 0.5% in IPO to retail investors

- Oil reserves of company, estimated at 209 billion barrels, comes in as second largest in world after Venezuela
11.11.2019 analysis

Saudi Aramco prepares for $2T IPO in Tadawul on Dec. 11

- World's most profitable company targets $2 trillion valuation that is set to surpass Microsoft, Apple, Alphabet
11.11.2019 analysis

OPEC losing control, share in global oil market

- Controlling 70% of world oil supply in 1970s, OPEC's share in global oil market fell to 29% in September
25.10.2019 analysis

H. Biden’s ties to Ukraine gas firm rocks US politics

-Ukrainian private gas firm is at the center of political duel between Donald Trump and Joe Biden for 2020 presidential race
26.09.2019 analysis

US crude oil production more than doubles in decade

- Since shale oil revolution in 2008, US sees annual crude production grow by 119%
15.04.2019 analysis

US crude exports to catch up with Saudi Arabia by 2024

- Crude exports estimated to reach 9 million barrels per day in five years, International Energy Agency says
13.03.2019 analysis

Merger & Acquisition challenges in Oil and Gas sector

25.02.2019 analysis

Future of LNG as marine fuel

14.02.2019 analysis

The new energy transition quest

07.02.2019 analysis

Time to reconsider carbon pricing

23.01.2019 analysis

Rising US shale could force OPEC to cut more

- US shale could rapidly fill supply void in market forcing OPEC+ to make another output cut in the first half of 2019
31.12.2018 analysis

Adoption of blockchain in oil and gas industry

21.12.2018 analysis

OPEC cuts inadequate for oil market, prices

- Deal to curb production failed to boost prices, while forecasts indicate prices to remain low for some time
14.12.2018 analysis

China’s long road to become regional gas hub

11.12.2018 analysis

Gulf rift hits OPEC with Qatar's exit

- Qatar's decision could put more pressure on Saudis, while Doha and Washington cozy up
08.12.2018 analysis

Going digital in oil & gas industry

07.12.2018 analysis

OPEC's dilemma: Lose market share or revenue

Output cuts would mean losing market share to US producers, but keeping it would bring prices lower causing revenue loss
29.11.2018 analysis

Navigating hardships with diversified energy portfolio

28.11.2018 analysis

Shift to East is Russia’s new market target

20.11.2018 analysis

Hub-based pricing or oil indexation, which to choose?

15.11.2018 analysis

Saudi Aramco’s switch to new oil benchmark

07.11.2018 analysis

Decarbonizing the world energy system

30.10.2018 analysis

Advancements in financing renewable energy

23.10.2018 analysis

Has Energiewende been successful since its inception?

09.10.2018 analysis

Natural gas as fuel of choice in transportation sector

03.10.2018 analysis

Challenges ahead for European natural gas

25.09.2018 analysis

Gazprom’s slow adaptation to new market realities

18.09.2018 analysis

Impact of Nord Stream 2 on Eastern and Central Europe

14.09.2018 analysis

Changing trends in LNG trading

05.09.2018 analysis

The resilience of Russia’s oil industry

28.08.2018 analysis

Natural gas pipeline diplomacy in Moscow

25.09.2018 analysis

Moscow’s oil pipeline diplomacy

14.08.2018 analysis

Fate of LNG suppliers who cannot meet domestic gas demand

09.08.2018 analysis

Will Russia mend fences with Ukraine when gas

09.08.2018 analysis

A shift in LNG trade in Northeast Asia

09.08.2018 analysis

Egypt’s regional gas hub aspiration: An uphill battle

17.07.2018 analysis

A hard balancing act for Egypt’s gas market

11.07.2018 analysis

The Uphill Battle of Electric Vehicles

09.08.2018 analysis

Oil and gas sector in the age of cybersecurity

09.08.2018 analysis

Renewable energy in the age of cybersecurity

09.08.2018 analysis

Changing Geopolitical Dynamics in Renewable Energy

13.06.2018 analysis

A time of uncertainty in oil prices

09.08.2018 analysis

Navigating through changes in petroleum taxation

29.05.2018 analysis

Potential impact of Trump’s decision on Iranian natural gas sector

09.08.2018 analysis

Onset of turbulence with US withdrawal from Iran Nuclear Deal

09.08.2018 analysis

Natural gas is back stronger than ever

09.08.2018 analysis

Can biofuels offer major breakthrough for renewables?

02.05.2018 analysis

Weekly Oil report, April 30

09.08.2018 analysis

Weekly Oil Report, April 24

09.08.2018 analysis

Accelerating renewable energy momentum in MENA

09.08.2018 analysis

Weekly Oil Report, April 17

17.04.2018 analysis

Reforming Energy Subsidies in the MENA

17.04.2018 analysis

Weekly Oil Report, April 10

11.04.2018 analysis

New energy export strategy: Russia’s shift to nuclear energy

09.04.2018 analysis

Could shale gas help the EU achieve energy diversification?

11.04.2018 analysis

Weekly Oil Report, April 2

05.04.2018 analysis

Weekly Oil Report, March 27

05.04.2018 analysis

Financing Renewable Energy: How Tough Is It?

05.04.2018 analysis

Weekly Oil Report, March 20

05.04.2018 analysis

Will privatization in the Gulf be successful?

21.03.2018 analysis

Weekly Oil Report, March 13

14.03.2018 analysis

Japan’s lesson in energy resilience through adaptability

13.03.2018 analysis

Weekly Oil Report, March 6

08.03.2018 analysis

How Russia reinvigorated its oil industry since 2014

05.03.2018 analysis

Weekly Oil Report, Feb. 27

05.04.2018 analysis

Sailing through Arctic, what challenges lie ahead for U.S.?

26.02.2018 analysis

Weekly Oil Report, Feb. 20

21.02.2018 analysis

Russia in the Arctic

21.02.2018 analysis

Weekly Oil Report, Feb. 13

14.02.2018 analysis

Are Arctic’s vast hydrocarbon reserves able to attract investors?

12.02.2018 analysis

Weekly Oil Report, Feb. 6

07.02.2018 analysis

The role of non-state actors in climate negotiations

07.02.2018 analysis

Weekly Oil Report, Jan 30

05.04.2018 analysis

Russia’s future in global LNG market- II

05.04.2018 analysis

Weekly Oil Report, Jan. 23

05.04.2018 analysis

Russia’s future in global LNG market

05.04.2018 analysis

Weekly Oil Report, Jan. 16

05.04.2018 analysis

Russian briefing, Jan. 15

15.01.2018 analysis

Kiev’s achievement in weaning off Russian natural gas-II

15.01.2018 analysis
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

  • How Russia reinvigorated its oil industry since 2014
1 / 1

How Russia reinvigorated its oil industry since 2014

  • up
Anadolu Ajansı

Corporate

  • History
  • Editorial Guidelines
  • Social Media Policies
  • Executive Team
  • Domestic Offices
  • International Offices
  • Logos
  • Communication
  • Quality Management
  • Privacy and Cookies Policy
  • Information Policy
  • Diary
  • Subscription Requests
  • Announcement Service

  • Business News
  • Finance Terminal
  • Anadolu Images
  • Energy Terminal
  • AA Academy

mobile services

  • IPhone Application
  • IPad Application
  • Android Application
  • Windows Application
We use cookies in a limited and restricted manner for specific purposes. For more details, you can see "our data policy".
Accept
© Anadolu Agency
-