Oil and gas production in Russia will start declining gradually after 2011 if the government does not change laws to stimulate geological exploration, LUKoil head Vagit Alekperov said on Wednesday.
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Oil and gas production will start declining after 2011:
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Oil slides toward multiyear lows
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Russia says to further cut gas to Ukraine
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Nationalisation of mines will happen:
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Kazakhstan plans to supply up to 1.5 million tons of oil per year for tolling operations
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How limited global oil supply may affect climate change policies
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Crude slides lower
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Shell to slow expansion in Canadian tar sands
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'Gas supply to to be restored in phases'
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Country facing 50% gas shortfall:
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Azarov to resign in case of no economic development
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Russia cuts off gas to Ukraine (reuters)
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Gazprom wants to revise investment programs
119965
Kazakhstan trims growth forecast
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Russia, Ukraine coordinated conditions on gas transit
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OPEC cuts oil demand forecast
167370
Russian industrial output plunged in November