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Analysis-Russia's Rosneft bets on giant Vostok to reshape Europe's oil market | Hellenic Shipping News Worldwide

Russia has placed its bets on its biggest oil project since the fall of the Soviet Union to push aside rival Middle Eastern, West African and U.S. grades in core European markets and provide much-needed revenues. The Rosneft-led project Vostok Oil in Russia’s new northern oilfields is expected to produce and export as much as . ....

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Will Russia ever leave fossil fuels behind?

In Russia, oil and natural gas provide both wealth and deep national pride. With global demand for fossil fuels set to decline, how will Russia adapt? ....

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