Russia could be forced out of Africa’s hottest offshore oil game – OilPrice.com
Times are tough for Russian oil companies. In the post-Crimean era where sanctions became the new normal, oil prices above 40-45 per barrel guaranteed a sustainable future for almost everyone, but when prices fell below breakeven in March -April, things suddenly deteriorated. (and the refining margins turned negative). It looks like the misery won’t last […]
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