Repsol and Alliance Oil to form an exploration and production JV in Russia
Green Car Congress
JUNE 20, 2011
Repsol and Alliance Oil Company have signed a Memorandum of Understanding to form a joint exploration and production (E&P) venture that will serve as a growth platform for both companies in the Russian Federation, the world’s largest oil and gas producer. Russia was the largest producer of crude oil in 2009, surpassing Saudi Arabia.).
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