The initial recoverable proven reserves of the Arctic shelf of Russia make up 447 mln tonnes of oil and 10.142 trillion cubic meters of gas, said Minister Kirill Molodtsov. The initial recoverable hydrocarbon resources of the Arctic region total 258 bln tons of reference fuel and 60% of all hydrocarbon resources of Russia. Source: Tass
Amazon Japan has suspended direct online sales of Huawei Technologies Co. products after Washington last week blacklisted the Chinese communications giant, sources close to the matter said Friday. Source Japan Times
Russia’s industrial output growth in April 2019 jumped to 4.9% year-on-year after 1.2% growth in March, according to the latest data by Rosstat statistics agency. Source: BNE
