Lavrov says he plays football once a week, goes rafting every yearSport March 29, 3:59
UK prime minister signs formal Brexit letter to Brussels — official photoWorld March 29, 1:26
Some 20 Topol-M, Yars mobile ICBM systems take part in massive Central Russian drillsMilitary & Defense March 28, 23:10
Russia clinches last-minute 3-3 draw with Belgium in friendly football match in SochiSport March 28, 21:40
Washington-based National Symphony Orchestra members excited to perform in RussiaSociety & Culture March 28, 21:36
'Gentlefan' continues: 'Angels' greet Belgium football fans ahead of Sochi gameSport March 28, 21:12
Scottish parliament backs new referendum on independenceWorld March 28, 20:42
Russian strategic missile carriers to take part in military drills in TajikistanMilitary & Defense March 28, 20:10
Russia’s offshore energy projects in the ArcticBusiness & Economy March 28, 19:33
BERLIN, February 4. /TASS/. Oil prices can grow to $80 a barrel in the mid-term, Total’s President of Exploration and Production Arnaud Breuillac said on Wednesday.
He added the current price is too low from the French oil company’s standpoint.
Breuillac made no forecast on the oil price dynamics in the short run. The company is unaware whether oil prices can drop further or remain low in several months or the longer period, he said.
The current price dynamics have not forced the French company to freeze or abandon any major projects, Total’s representative said.
The company is slowing down investments into the Brownfields or infrastructure leaving major projects unaffected, he added.