A look at the map of global oil reserves for 2024, and all you will see is a handful of countries dominating the scene. According to the Organisation of the Petroleum Exporting Countries (OPEC), world ...

Sergey Tsivilyov specified that in 2024, it accounted for about 60% of the total production volume MOSCOW, September 29. /TASS/. Total oil reserves in Russia are estimated at 31 bln tons, of which ...

Russian oil production is facing a significant decline due to global sanctions imposed after the invasion of Ukraine, which have denied Russia access to essential Western technology and equipment ...