Russia’s Rosneft finds first oilfield offshore eastern Arctic

19 June 2017, Moscow — Russia’s largest oil producer Rosneft said on Sunday it had found its first oilfield in the Laptev Sea in the eastern Arctic, making a breakthrough in the search for hydrocarbons in the harsh and far-flung region despite Western sanctions. Rosneft and its partners plan to invest 480 billion rubles ($8.4 […] More »