Russian independent oil companies report output reduction, 21% export increase for 2022
Disclaimer: TASS is Russian government propaganda, and not a reliable news source.
It is reported that the ruble’s exchange rate drop, the growth of oil prices and difficulties related to oil sales in early 2022 resulted in the fact that the activities of many companies operating in the sector turned out loss-making, with most firms suspending exploration and field drilling and well servicing