- Gazprom Neft's Prirazhlomnaya oil rig last year became the first to begin pumping oil from Russia's Arctic shelf.
Photo: Gazprom
Some 100 million tons of annual oil production — or about 20 percent
Russia's total oil output — is at risk because of sanctions related to
the supply of Western technology and expertise to Russia, Vagit
Alekperov, the head of Russia's No. 2 oil company, said Friday... (Read more)
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