The “Rosneft” company is the largest investor in the oil industry of Venezuela. Russian oil company invested about $6 billion in the economy of the Latin American state.
Employees of “Ukrnafta” report that central executive authorities prevent the extension and obtaining special licenses for the use of subsoil.
Due to the US sanctions against Venezuela “PDVSA” oil company started to transfer accounts in Russia Gazprombank.
Turkey changed the maritime rules through the Bosporus and The Dardanelles. It led to delays in the supply of oil from Russia to Europe.
Oil exports from Venezuela declined sharply after the imposing of US sanctions against the state owned oil producing company Petroleo de Venezuela SA (PDVSA).
The oil and gas company Equinor plans to provide electricity to its platforms in the North Sea using wind generators.