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BP, Total, Shell, Rosneft and More Rushing To Develop Russia Shale

May 31,2014
Despite the geopolitical turmoil, western majors don’t seem shy when it comes to investing in Russia’s 75Bbbl shale / tight oil potential.

Total and lukoil To Jointly Develop Russian Shale

May 23,2014
French energy company Total SA is hooking up with Russia's largest private oil company to explore and develop a huge Siberian shale oil field, despite Western sanctions and anger over the Kremlin's role in Ukraine's crisis.The deal signed Friday with…

ExxonMobil Tapped to Drill Russia's Bazhenov Shale

June 17,2013
Russia's OAO Rosneft has partnered with the U.S.-based energy giant in order to utilize Exxon's hydraulic fracturing technology.