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Keyword: russiaoil

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  • AP Enterprise: Russia oil spills wreak devastation

    12/17/2011 10:04:12 PM PST · by quantim · 10 replies
    AP/WorldMag ^ | Dec 18, 12:00 AM EST | NATALIYA VASILYEVA
    USINSK, Russia (AP) -- On the bright yellow tundra outside this oil town near the Arctic Circle, a pitch-black pool of crude stretches toward the horizon. The source: a decommissioned well whose rusty screws ooze with oil, viscous like jam. This is the face of Russia's oil country, a sprawling, inhospitable zone that experts say represents the world's worst ecological oil catastrophe. Environmentalists estimate at least 1 percent of Russia's annual oil production, or 5 million tons, is spilled every year. That is equivalent to one Deepwater Horizon-scale leak about every two months. Crumbling infrastructure and a harsh climate combine...
  • China to Get First Crack at Russian Oil: Putin

    07/17/2005 8:05:01 PM PDT · by ex-Texan · 25 replies · 1,006+ views
    Atimes.com ^ | 7/16/2005 | John Helmer
    MOSCOW - In his most detailed statement to date, President Vladimir Putin has spelled out Russia's priorities for transporting crude oil to Asian markets in the next decade. In diplomatic but unambiguous language, Putin rejected Japanese proposals, in favor of China. In a press conference at Gleneagles last week as the new chairman of the G8, Putin identified rail deliveries to China from the new border terminal at Skovorodino as his first priority, with 20 million tons (385,000 barrels per day) the target for delivery, once Transneft, the state pipeline agency, builds the planned new pipeline to Skovorodino. This terminal...