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Crimean authorities took control of Ukraine's Black Sea and Sea of Azov oil and gas fields off the coast of the peninsula.
The speaker of Crimea's parliament Volodymyr Konstantinov told the Russian news agency RIA Novosti that the Russian companies including energy giant Gazprom should be involved in extracting the resources.
“These fields and platforms will pass into the ownership of the Crimean Republic,“ Konstantinov said. We are already guarding them. These are our fields and we will fight for them.”
In 2013 the company Chernomorgazneft extracted 1.65 B cubic meters gas, most of which was in the Black Sea and in the Sea of Azov. According to estimates, the total gas reserves off the Crimean coast are nearly two trillion cubic meters and the oil reserves are around 430 M tons.
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The US Senate has overwhelmingly approved a substantial aid package totaling 95 billion USD, aimed at supporting key American allies, including Ukraine, Israel, and Taiwan.
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As Russia prepares to mark Victory Day, commemorating the Soviet Union's triumph in World War II, festivities are set to be scaled back for the second consecutive year due to security threats linked to the war in Ukraine and recent acts of terrorism
The debate surrounding the inclusion of Bulgarians in North Macedonia's constitution, a crucial precondition for the country's European Union accession talks, has taken center stage in the ongoing presidential campaign
Tensions flare across America's prestigious university campuses as pro-Palestinian demonstrations intensify, sparking clashes with authorities and raising concerns about campus safety and freedom of expression
Reports emerged last night of renewed Russian missile fire targeting the eastern Ukrainian city of Kharkiv, intensifying fears of escalating conflict in the region
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