Belarus expands oil drilling with eight new wells as Russia reports major gains in hydrocarbon and gold reserves (opens in new tab)

Belarus’ state-owned oil producer Belorusneft has begun the year by commissioning new wells across the Gomel region while setting ambitious production targets for 2026, as neighboring Russia simultaneously reports significant increases in its mineral reserves following extensive geological exploration. According to Interfax, cited by Magyar Hírlap, three new wells were built at the Rechitskoye oil […]