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Russia's Oil Drilling Boom Proves Moscow's Resilience to Western Sanctions

(Bloomberg) Russia was on pace for a second year of record oil drilling in 2023, further evidence of the nation’s resilience to Western sanctions. Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffBottled Water Contains More Plastic Particles Than Previously ThoughtUS and Allies Met Secretly With Ukraine on Peace PlanThe boom in activity came alongside a recovery in the both volume and value of Russia’ ....

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Russian Upstream Investments Projected to Plunge

'The financial impact of Western sanctions and the widescale exodus of foreign partners from the Russian oil and gas sector are beginning to materialize'. ....

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