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My Current Event Project on Russia

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BC: Resources 1. Prentice Hall World Cultures: A Global Mosaic 2. 3.

FC: My Russia Project By: Katlyn Higdon

1: Russia is a country on the European continent near the Arctic that stretches from Europe to Central Asia. This means that it is very cold with little vegetation, plains, and large mountain ranges. The climate is cold continental. | The country's government is a constitutional federation. It's population is 138,082,178 people.

2: Today, Russia's Natural Resource Minster has offered to hold a compromise on Tuesday next week to decide which state oil company is responsible for the oil in the Arctic. Minister Sergei Donskoi held a meeting with Prime Minister Dmitry Medvedev and the oil industries and said that oil companies outside of Russia were allowed to use the oil that was rejected by Gazpom and Rosneft, two of the state's oil companies, while in return, the state's oil companies could have an option on discoveries from that company. Russia's oil companies are in decline and hope to look in the northern sea to see if they could find anything that could rival western Siberia's supergiant, Samotlar. However, the water belong to the state's reserve and they are still deciding whether or not they should allow non- state oil companies. As they decide, they will not allow the companies into the northern seas until they come to an agreement.

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  • By: Katlyn H.
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  • Title: My Current Event Project on Russia
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  • Published: over 5 years ago