Insight
Russian Federation upstream: 2023 in review
Report summary
We review the key events, trends and statistics in 2023 across oil and gas production, LNG, the energy relationship with China, field discoveries and fiscal policy. The war in Ukraine entered its second year, and this continued to cast a shadow over Russia’s upstream. With fewer foreign investors on the scene, the government and operators worked to keep upstream projects moving forward.
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Executive summary
- 2023 in review – a global upstream series
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