Russia Strikes Massive Oil Reserve In Arctic As War Sends Barrel Price Skyrocketing
Monday, July 4, 2022 | Tag Cloud Tags: News, oil, PLO, Russia, War, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly
(Worthy News) – Russia claims to have found a massive oil reserve in the Arctic, in a discovery that could further strengthen Moscow’s hand as energy prices continue to skyrocket.
Energy giant Rosneft said the oil field beneath Pechora Sea contains an estimated 82 million tons of oil. It was found during exploratory drilling in the Medynsko-Varandeysky area, according to global financial news site MENAFN.com.
“During the tests, a free flow of oil was obtained with a maximum flow rate of 220 cubic meters a day,” Rosneft said in a news release, describing the oil as “light, low-sulfur, low viscosity.” [ Source: Daily Wire (Read More…) ]
Latest Worthy News
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.