Lavrov offers condolences to Mexican people over deadly earthquakesRussian Politics & Diplomacy September 20, 21:01
UN Security Council passes resolution on peacekeeping reformWorld September 20, 20:14
UN peacekeepers should use force only for self-defense — LavrovRussian Politics & Diplomacy September 20, 20:01
Breaking of Idlib siege leaves three Russian servicemen woundedMilitary & Defense September 20, 19:00
Ukraine's president requests UNSC to deploy UN mission to Donbass as soon as possibleWorld September 20, 18:30
Diplomat believes Morgan Freeman was 'roped in' to be weaponized in anti-Russia crusadeRussian Politics & Diplomacy September 20, 18:02
Russian lawyer blasts ‘medieval’ efforts by UK Paralympic athletes to fake handicapSport September 20, 17:36
Aftermath of powerful earthquake in MexicoWorld September 20, 17:28
Over 50 countries sign nuclear weapons ban treaty at UNWorld September 20, 17:15
MOSCOW, October 22. /TASS/. Russia’s oil output will be decreasing from 2015, Vice President of oil company Lukoil Leonid Fedun said Wednesday at an industry forum.
“Oil output has stabilized over the last several years. But there will be no more growth,” Fedun said.
Fedun earlier said that oil output of Russian companies will remain flat in 2014 at about 523 million tons and will start falling from 2015.
Fedun said that output may fall by up to 25 million tons, or by 5% by 2017, if the government introduces a tax on additional oil income instead of the current mineral extraction tax, by 2017 Russian companies will produce the same amount of oil as in 2014.