Source Pravda.Ru

Sibneft follows its plan on oil production growth

Sibneft purchased a 67 percent block of shares in Meretoyakhaneftegaz (Yamalo-Nenets Autonomous Area). The shares were purchased from the Russian and foreign companies, the press service of Sibneft reported. Meretoyakhaneftegaz (MNG) has a license to explore the Meretoyakhinskoye oil field, whose estimated resources are 121m tons of oil. The exploration of this oil field is to be started in the near future. The estimated amount of necessary investments into this project is $80m. It is expected that all shareholders of MNG will participate in it. Sibneft President Yevgeny Shvidler pointed out that the control over MNG was "a part of Sibneft's strategy on further increase in oil output". As it was earlier reported, Sibneft planned to invest $637m into oil production in 2002. Visit to &to=http://www.sibneft.ru/index.shtml' target=_blank>SIBNEFT

The Wall Street Journal reported that the Trump regime "sought options to strike Iran," falsely saying it may pursue a course no previous US leadership considered. More on this below.

The WSJ on US War Plans Against Iran

In response to the unlawful December 1 arrest and detention of Chinese tech giant Huawei's chief financial officer Sabrina Meng Wanzhou by Canadian authorities in Vancouver at the behest of the Trump regime, facing possible unacceptable extradition to the US, Beijing warned its high-tech personnel last month against traveling to America unless it's essential.

China Warns Against Travel to US and Canada
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