Petroleum industryThe petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics.
Natural gas storageNatural gas is a commodity that can be stored for an indefinite period of time in natural gas storage facilities for later consumption. Gas storage is principally used to meet load variations. Gas is injected into storage during periods of low demand and withdrawn from storage during periods of peak demand. It is also used for a variety of secondary purposes, including: Balancing the flow in pipeline systems. This is performed by mainline transmission pipeline companies to maintain operational integrity of the pipelines, by ensuring that the pipeline pressures are kept within design parameters.
Federation Council (Russia)The Federation Council (Сове́т Федера́ции – Sovet Federacii, common abbreviation: Совфед – Sovfed), or Senate (officially, starting from 1 July 2020) ( Сенат ), is the upper house of the Federal Assembly of Russia (the parliament of the Russian Federation), according to the 1993 Constitution of the Russian Federation. Each of the 89 federal subjects of Russia (including two annexed in 2014 and four more in 2022, that are not recognized by the international community) – consisting of 24 republics, 48 oblasts, nine krais, three federal cities, four autonomous okrugs, and one autonomous oblast – sends two senators to the Council, for a total membership of 178 Senators.
2018 FIFA World CupThe 2018 FIFA World Cup was the 21st FIFA World Cup, the quadrennial world championship for national football teams organized by FIFA. It took place in Russia from 14 June to 15 July 2018, after the country was awarded the hosting rights in 2010. It was the eleventh time the championships had been held in Europe, and the first time they were held in Eastern Europe. At an estimated cost of over $14.2 billion, it was the most expensive World Cup ever held until it was surpassed by the 2022 World Cup in Qatar.
Enhanced oil recoveryEnhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise. Although the primary and secondary recovery techniques rely on the pressure differential between the surface and the underground well, enhanced oil recovery functions by altering the chemical composition of the oil itself in order to make it easier to extract. EOR can extract 30% to 60% or more of a reservoir's oil, compared to 20% to 40% using primary and secondary recovery.
Commonwealth of Independent StatesThe Commonwealth of Independent States (CIS) is a regional intergovernmental organization in Eurasia. It was formed following the dissolution of the Soviet Union in 1991. It covers an area of and has an estimated population of 239,796,010. The CIS encourages cooperation in economic, political and military affairs and has certain powers relating to the coordination of trade, finance, lawmaking, and security, including cross-border crime prevention.
2021–2023 global energy crisisThe 2021–2023 global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the globe facing shortages and increased prices in oil, gas and electricity markets. The crisis was caused by a variety of economic factors, including the rapid post-pandemic economic rebound that outpaced energy supply, and escalated into a widespread global energy crisis following the Russian invasion of Ukraine. The price of natural gas reached record highs, and as a result, so did electricity in some markets.
LukoilThe PJSC Lukoil Oil Company (Лукойл stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity. It was formed in 1991 when three state-run, western Siberian companies named after the respective town in Khanty–Mansi Autonomous Okrug that each was based in, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged.
Foreign relations of RussiaThe foreign relations of the Russian Federation is the policy arm of the government of Russia which guides its interactions with other nations, their citizens, and foreign organizations. This article covers the foreign policy of the Russian Federation since the dissolution of the Soviet Union in late 1991. At present, Russia has no diplomatic relations with Ukraine due to the 2022 Russian invasion of Ukraine. Other than Ukraine, Russia also has no diplomatic relations with Georgia, Bhutan, Federated States of Micronesia and Solomon Islands.
Government of RussiaThe government of Russia is the federal executive body of state power of the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russian Federation and the federal constitutional law "On the Government of the Russian Federation". The Apparatus of the Government of Russia is a governmental body which administrates the activities of the government.
