Russian oil companies plan big drilling cuts for 2021 – OilPrice.com

Russian oil companies plan big drilling cuts for 2021 – OilPrice.com

Russian oil producers who have already cut their drilling activity by a third this year could cut it by another 20%, according to the managing director of a major oil services provider. “The year 2021 does not look very good,” Vitaly Dokunikhin told Bloomberg in an interview. “Amid expectations of reduced demand, very specific discussions […]

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