Putin sees $309Bln in Oil Investment by 2020

The prime minister addressing local activists of the ruling United Russia party in Yekaterinburg on Thursday. Domestic oil companies plan to invest 8.6 trillion rubles ($309 billion) to 2020, Prime Minister Vladimir Putin said. Of that, 5.9 trillion rubles will be spent developing fields and 780 billion rubles will be spent on modernizing refineries, Putin said Thursday at a meeting […]