Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Iranian air defenses repel Israeli attack on military site in Shiraz.
Al Mayadeen's correspondent in Iran reports the activation of air defenses over Kashan.
IRGC: Operation to transport handmade bombs foiled in Gilan, north of Iran.
Al Mayadeen's correspondent: Iranian police says dismantled "electronic bomb" in west Tehran.
Israeli media: Drone explodes in Route 90 in Arraba after interception attempts failed.
Israeli media: A wave of drones since morning, with 10 drones infiltrating so far.
Israeli media: Drone still flying in Wadi Araba near Ramon Airport, south of Occupied Palestine, efforts to intercept it have failed.
Israeli media: Direct hit from drone on building in Beit She'an.
Israeli media: Sirens blare in Beit She'an in Jordan Valley, amid fears of drone infiltration, explosions heard.
Mansouri: Iran's defensive capabilities far exceeded Israeli entity's expectations.

Russia makes massive oil discovery in the Arctic

  • By Al Mayadeen English
  • Source: Agencies
  • 4 Jul 2022 10:13
  • 17 Shares
2 Min Read

According to Russian energy company Rosneft, it is one of the largest recent discoveries on the Russian shelf.

  • x
  • Russia makes massive oil discovery in the Arctic.
    Russia makes massive oil discoveries in the Arctic.

Russian energy company Rosneft announced the discovery of a massive oil resource in the Pechora Sea with an estimated 82 million tons of oil.

A drilling campaign in the Medynsko-Varandeysky area led to the discovery of the field. “During the tests, a free flow of oil was obtained with a maximum flow rate of 220 cubic meters a day,” the company’s statement read on Wednesday, noting that the “oil is light, low-sulfur, low viscosity.”

According to Rosneft, the exploratory work in the Pechora Sea confirmed the "substantial oil potential of the Timan-Pechora province on the shelf and served as the foundation for continuing the study and development of the region."

Related News

Rosatom to evacuate Bushehr NPP at slightest threat: Rosatom Chief

Putin rules out Sumy takeover, warns Ukraine over dirty bombs usage

The company reportedly controls a total of 28 offshore licenses in the Arctic, eight of them in the Pechora Sea.

Arctic of military operations 

On another note, Nikolay Korchunov, Russia's Ambassador-at-Large for Arctic Cooperation, told Sputnik in May that the Arctic area has become an international theater of military operations since Finland and Sweden filed for NATO membership.

Commenting on their membership bids, Korchunov stated, "We are seeing an increase in international military activity in polar latitudes. There is the internationalization of military activities. The transformation of the Arctic region into an international theater of military operations is, of course, a very disturbing trend. We cannot but be concerned about this."

The Ambassador added that "the policy of non-alignment to military alliances, the traditional policy of Sweden and Finland, has long provided a solid basis for maintaining peace and stability in polar latitudes. The possible accession of these countries to NATO is unlikely to contribute to this goal."

  • Russia
  • Oil
  • Arctic

Most Read

Bin Salman: Islamic world backs Iran in call to Pezeshkian

MBS says Islamic world backs Iran in call with Pezeshkian

  • MENA
  • 15 Jun 2025
Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • 17 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli air defense system fires to intercept missiles during an Iranian attack over Tel Aviv, occupied Palestine, Thursday, June 19, 2025. (AP Photo/Leo Correa)
Politics

'Israel' risks running out of Arrow 3 interceptors within weeks: WSJ

This is the Voice of America building in Washington D.C., on Monday, May 5, 2025. (AP)
Politics

Trump enforces mass VOA layoffs, 600 employees terminated

Iranian protestors carry portrait of Leader Sayyed Ali Khamenei and anti-Israeli signs during a protest to condemn Israeli attacks on multiple cities across Iran, June 20, 2025. (AP)
Politics

Israeli aggression uniting Iranians, including opposition: NYT

AP
Politics

Erdogan at OIC: No to new Sykes-Picot drawn in blood

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS