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Repair, abandon, burn: Russia explores options for historic oil cut

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Home Blogs > Business
Apr 23 '20 | By oiam2companyadmin | Views: 45 | Comments: 0

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In just a week, Russia has to find ways to cut a fifth of its oil output under a deal to tackle the market glut and is looking at all options, including putting wells on repair and maintenance to abandoning them entirely and even burning oil, four oil industry sources said.
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Source: https://www.reuters.com/article/us-global-oil-russia-production/repair-abandon-burn-russia-explores-options-for-historic-oil-cut-idUSKCN2252RD?feedType=RSS&feedName=businessNews

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