... resources in the Arctic – Rosneft and Gazprom (including Gazprom Neft). In addition, restrictions were placed on the ability of Russian oil companies and banks to attract financing from abroad.
Natural Resources of the Arctic (In Russian)
These sanctions have already led to a number of foreign oil companies, including Exxon Moblie, suspending their participation in Russian Arctic shelf projects.
The level of dependence on “Western” equipment and services to carry out projects on the Arctic shelf – offshore drilling rigs, pump ...
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Discovered Attack: the Fork
In my view, though, his words still conceal the identity of the intended targets of this operation. Breaking another economy through a oil price war alone might prove a risky endeavor when the attacker is highly dependent on oil themselves, but chances of success could be improved if pressure is applied by other means, namely if economic sanctions are added to the equation.
So, talking about the real targets, Russia is the only one really mentioned by the Minister, and given the tones of West's foreign policy, there was no need to dissimulate this occurrence, because doing so ...