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Russia eyes a shale oil boom of its own
2013-12-09 12:06:00| Climate Ark Climate Change & Global Warming Newsfeed
Christian Science Monitor: President of Russian energy company Rosneft, Igor Sechin, said he was eager to unlock the shale oil potential in the Samara region of western Russia. With forecasts warning the U.S. shale phenomenon won't last, Russia could be moving its pawns into play. Sechin met Friday with Helge Lund, chief executive officer of Norwegian energy major Statoil, to sign a joint venture agreement for the production of the Domanik shale formation in the Samara region, near Russia's southwest border with Kazakhstan....
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Category:Electronics and Electrical