“Experts” predicted that Russia’s oil production would be cut by half after the Ukraine war. Well, here is the reality:
🔹Russian oil companies drilled record number of wells/rigs last year!
🔹Russia’s oil production is back to 11 million barrels a day (same as pre-war)
🔹Russian oil companies drilled record number of wells/rigs last year!
🔹Russia’s oil production is back to 11 million barrels a day (same as pre-war)
New Russian oil rigs
Another delusional talking point was that without Western companies, Russia’s oil industry would collapse.
Shell, BP, Exxon etc. got out of Russia.
But Russian know-how and technology are now advanced. Life goes on without the West.
Shell, BP, Exxon etc. got out of Russia.
But Russian know-how and technology are now advanced. Life goes on without the West.
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