Business Recorder - Markets - Energy https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 09:15:36 +0500 Thu, 13 Aug 2026 09:15:36 +0500 60 Bashneft oil reserves jump 51 percent https://www.brecorder.com/news/9386/bashneft-oil-reserves-jump-51-percent <p class="MsoPlainText"><img style="margin-bottom: 10px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/mar/Russian.404.jpg" width="400" height="267" />MOSCOW<span style="font-size: 10pt;">: Russian mid-sized oil company Bashneft, owned by holding company Sistema, said on Wednesday its proven reserves jumped 51 percent to 1.91 billion barrels in 2010.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">The company said the audit was conducted by Miller and Lents under Petroleum Resources Management System criteria.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">The company's proven oil reserves will last 19 years, Bashneft said in a statement.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">                               <center><b><i>Copyright Reuters, 2011</i></b><i></i><br /></center></span></p> MOSCOW: Russian mid-sized oil company Bashneft, owned by holding company Sistema, said on Wednesday its proven reserves jumped 51 percent to 1.91 billion barrels in 2010.

The company said the audit was conducted by Miller and Lents under Petroleum Resources Management System criteria.

The company's proven oil reserves will last 19 years, Bashneft said in a statement.

                              

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/9386 Wed, 30 Mar 2011 11:59:41 +0500 none@none.com (Muhammad Iqbal)