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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Russian oil industry steadfast in the face of sanctio

    Rocky
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    • Post n°1

    Russian oil industry steadfast in the face of sanctio Empty Russian oil industry steadfast in the face of sanctio

    Post by Rocky Wed 10 May 2017, 2:48 am


    Russian oil industry steadfast in the face of sanctions


    09/05/2017


    Russia's oil industry was not affected by the sanctions, the United States and the European Union imposed since 2014 on the back of the Ukrainian crisis, according to the newspaper "The Wall Street Journal."

    The total oil production in Russia 11 million barrels per day in 2016, the highest level of Link in the past decade.

    According to the newspaper, the sanctions bounced adversely impacted negatively on the US oil company "Exxon Mobil." In last April, the company submitted a request for the withdrawal of sanctions and the resumption of work on a number of joint ventures with the Russian company "Rosneft" energy, but the US president, Donald Trump administration rejected the request, "Exxon Mobil."

    After attempts to "ExxonMobil" failed to get out of sanctions, he lost the possibility of gaining a foothold in another promising oil fields, the continental shelf of the Black Sea, and lost a competitive advantage was the American company has obtained, in 2011, in agreement with the Russian side on the joint development of oil and gas reserves there.

    At the same time, despite the sanctions, the EU is moving in the opposite direction to manage Donald Trump, giving him greater freedom for energy companies to work with Russia, as it allowed the company "BP" British to maintain approximately 20% of the shares of "Rosneft" Russian, which led to the increase in net profit to $ 590 million in 2016.

    The company "ENI" Italian place in partnership with "Rosneft" drilling wells in the Black Sea until the end of 2017, is also planning to drill in the Arctic waters of the Barents Sea, according to the newspaper.

    The paper quoted Bill Arnold, the former deputy director of the US Export-Import Bank, as saying: "the lack of a common approach to the application of sanctions by the West will undermine their effectiveness and their desired goals."

    http://aletejahtv.org/permalink/163652.html
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