China discovered 1.08 billion tons of proven crude oil reserves in 2013, exceeding the 1 billion ton mark for seven consecutive years, the Ministry of Land and Resources said on February 27, Shanghai Daily has reported.
The state geological service Rosnedra has reported at a meeting at the Russian Natural Resources and Environment Ministry that 23 oil and three oil and gas deposits were discovered in 2013, the Ministry’s press service has said. These are preliminary data.
Russia’s gas giant Gazprom will possibly develop gas deposits on the Mediterranean shelf of the Gaza Strip, Itar-Tass reported on January 23.
Russian independent gas company Novatek will start production at six new gas deposits and one oil field in the Yamalo-Nenets Autonomous District in 2014–2015, Prime reported on November 8, citing the company’s statement.