You can't get more American than Lufkin, Texas, where in 1902 Lufkin Industries opened shop, and from where today the company ships pumps and automation equipment to oil producing regions worldwide.
In the 15th century, Russia (then Moscovy) adopted the double headed eagle as the symbol of its imperial state power. This symbol has endured more than 500 years, its use interrupted only by the Soviets from 1917 to 1993. The eagle's heads look simultaneously East and West in acknowledgement that Russia straddles both Europe and Asia.
The Altai gas pipeline to China would cross the environmentally senstive Ukok plateau, a UNESCO World Heritage site.
The services industry knows that if you're in oil and gas, you'll be in Russia sooner or later. Russia ranks No. 1 in gas reserves and is first in oil after OPEC. Russia's policy of limiting foreign ownership of upstream assets may have taken the shine of
Russia’s $10 bln-plus oilfield service market could, according to some estimates, expand by a factor of 10 or more over the next decade.
Russia’s fracing market is potentially so big it might one day rival that of North America
In their never ending search for stable employment, Russians dream of working for a safe state-owned company
Rules governing the deregulation of the European gas market required European energy companies to transfer some of their existing contracts for gas distribution to other companies.
In February, Russian drilling contractor North Expedition Holding (under contract to Gazprom’s Burgaz) demonstrated the ZJ50DBS hybrid drilling rig on the Urgenoi field