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19.05.2014 Russia’s Rosneft starts drilling at Chaivo field in Far East

Rosneft started implementation of a large-scale project aimed at drilling of the first production well at the field North-end of Chaivo, Rosneft’s press office said on May 16.

16.05.2014 Russia’s Sakhalin administration may replace ExxonMobil in Sakhalin-1 project

The administration of Sakhalin Region may replace ExxonMobil in the oil and gas project Sakhalin-1, ITAR-TASS has reported, citing a source from the Sakhalin Region administration.  The source specified that US companies would lose their assets in Russia if new sanctions