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Tuapse Field
The Tuapse field is a large offshore oil field located in the Black Sea, roughly in size and between underwater, containing between of oil. History In August 2003, Rosneft was awarded a license to explore the field, allowing the company to carry out surveys and small-scale exploratory drilling. In February 2011, Rosneft and ExxonMobil reached a preliminary agreement to develop the field; the agreement was officially announced on 30 August 2011 as part of a US$3.2 billion joint venture between the two companies that also included the development of the East-Prinovozemelsky field in the Arctic Kara Sea The Kara Sea (russian: Ка́рское мо́ре, ''Karskoye more'') is a marginal sea, separated from the Barents Sea to the west by the Kara Strait and Novaya Zemlya, and from the Laptev Sea to the east by the Severnaya Zemlya archipelago. .... Under the terms of the contract, Rosneft will own two-thirds of the joint venture, with Exxon controlling the remainder. ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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Black Sea
The Black Sea is a marginal mediterranean sea of the Atlantic Ocean lying between Europe and Asia, east of the Balkans, south of the East European Plain, west of the Caucasus, and north of Anatolia. It is bounded by Bulgaria, Georgia, Romania, Russia, Turkey, and Ukraine. The Black Sea is supplied by major rivers, principally the Danube, Dnieper, and Don. Consequently, while six countries have a coastline on the sea, its drainage basin includes parts of 24 countries in Europe. The Black Sea covers (not including the Sea of Azov), has a maximum depth of , and a volume of . Most of its coasts ascend rapidly. These rises are the Pontic Mountains to the south, bar the southwest-facing peninsulas, the Caucasus Mountains to the east, and the Crimean Mountains to the mid-north. In the west, the coast is generally small floodplains below foothills such as the Strandzha; Cape Emine, a dwindling of the east end of the Balkan Mountains; and the Dobruja Plateau considerably farth ...
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Rosneft
PJSC Rosneft Oil Company ( stylized as ROSNEFT) is a Russian Vertical integration, integrated energy company headquartered in Moscow. Rosneft specializes in the exploration, Extraction of petroleum, extraction, production, refining, Petroleum transport, transport, and sale of petroleum, natural gas, and petroleum products. The company is controlled by the Government of Russia, Russian government through the Rosneftegaz holding company. Its name is a portmanteau of the Russian words (russian: Российская нефть, lit=Russian oil). Rosneft was founded in 1993 as a State-owned enterprises of Russia, state enterprise and then incorporated in 1995, acquiring a number of state-controlled gas and oil assets. It became Russia's leading oil company after purchasing assets of the former oil company Yukos at state-run auctions. After acquiring Open joint-stock company, OJSC TNK-BP in 2013, then one of the largest oil companies of Russia, Rosneft became the world's largest Publ ...
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ExxonMobil
ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil, both of which are used as retail brands, alongside Esso, for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. ExxonMobil is incorporated in New Jersey. ExxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey (or Jersey Standard for short), the corporate entity which effectively controlled all of Standard Oil prior to its breakup. Jersey Standard grew a ...
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East-Prinovozemelsky Field
The East-Prinovozemelsky field (also referred as Vostochno-Prinovozemelskoye structure – meaning: East of Novaya Zemlya structure) is a gigantic undeveloped Arctic oil and gas field located in the South Kara basin of the continental shelf of Russia, in the South Kara Sea between the Yamal Peninsula and Novaya Zemlya island. It is the continuation of the continental West Siberian hydrocarbon province. History The field is divided into three license blocks: EPNZ-1, EPNZ2, and ENPZ-3. In October 2010, licenses for all three blocks were awarded to Russian oil company Rosneft. In January 2011, Rosneft announced that it will form a strategic alliance with BP to develop the East-Prinovozemelsky oil and gas field. For the development activities, a joint operating company was to be created in which Rosneft would have 66.67% and BP would have 33.33% of shares. Initial stages of exploration activities would to be financed by BP. The deal was blocked by BP's subsidiary TNK-BP, a ...
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Kara Sea
The Kara Sea (russian: Ка́рское мо́ре, ''Karskoye more'') is a marginal sea, separated from the Barents Sea to the west by the Kara Strait and Novaya Zemlya, and from the Laptev Sea to the east by the Severnaya Zemlya archipelago. Ultimately the Kara, Barents and Laptev Seas are all extensions of the Arctic Ocean north of Siberia. The Kara Sea's northern limit is marked geographically by a line running from Cape Kohlsaat in Graham Bell Island, Franz Josef Land, to Cape Molotov (Arctic Cape), the northernmost point of Komsomolets Island in Severnaya Zemlya. The Kara Sea is roughly long and wide with an area of around and a mean depth of . Its main ports are Novy Port and Dikson and it is important as a fishing ground although the sea is ice-bound for all but two months of the year. The Kara Sea contains the East-Prinovozemelsky field (an extension of the West Siberian Oil Basin), containing significant undeveloped petroleum and natural gas. In 2014, US gov ...
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Annexation Of Crimea By The Russian Federation
In February and March 2014, Russia invaded and subsequently annexed the Crimean Peninsula from Ukraine. This event took place in the aftermath of the Revolution of Dignity and is part of the wider Russo-Ukrainian War. The events in Kyiv that ousted Ukrainian president Viktor Yanukovych on 22 February 2014 sparked pro-Russian demonstrations as of 23 February against the (prospected) new Ukrainian government. At the same time Russian president Vladimir Putin discussed Ukrainian events with security service chiefs remarking that "we must start working on returning Crimea to Russia". On 27 February, Russian troops captured strategic sites across Crimea, followed by the installation of the pro-Russian Aksyonov government in Crimea, the Crimean status referendum and the declaration of Crimea's independence on 16 March 2014. Although Russia initially claimed their military was not involved in the events, Putin later admitted that troops were deployed to "stand behind Crimea's ...
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International Sanctions During The Ukrainian Crisis
International sanctions have been imposed against Russia and Crimea during the Russo-Ukrainian War by a large number of countries, including the United States, Canada, the European Union, and international organisations following the Russian annexation of Crimea, which began in late February 2014. Belarus has also been sanctioned for its cooperation with and assistance to Russian armed forces. The sanctions were imposed against individuals, businesses, and officials from Russia and Ukraine. Russia responded with sanctions against several countries, including a total ban on food imports from Australia, Canada, Norway, Japan, the United States, and the EU. The sanctions contributed to the collapse of the Russian ruble and worsened the economic impact of the 2022 Russian invasion of Ukraine. They also caused economic damage to the EU economy, with total losses estimated at €100 billion (). , Russia's finance minister announced that the sanctions had cost Russia $40 billio ...
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Black Sea Energy
Black is a color which results from the absence or complete absorption of visible light. It is an achromatic color, without hue, like white and grey. It is often used symbolically or figuratively to represent darkness. Black and white have often been used to describe opposites such as good and evil, the Dark Ages versus Age of Enlightenment, and night versus day. Since the Middle Ages, black has been the symbolic color of solemnity and authority, and for this reason it is still commonly worn by judges and magistrates. Black was one of the first colors used by artists in Neolithic cave paintings. It was used in ancient Egypt and Greece as the color of the underworld. In the Roman Empire, it became the color of mourning, and over the centuries it was frequently associated with death, evil, witches, and magic. In the 14th century, it was worn by royalty, clergy, judges, and government officials in much of Europe. It became the color worn by English romantic poets, businessm ...
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