Gazprom Neft set a Russian record in the summer by completing 30 hydraulic fractures along the length of one well at cluster 933. Russia’s enormous Bazhenov formation in Siberia is estimated by the US Department of Energy to be the single largest deposit of shale oil in the world. Source: FT
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Armed forces participated in a divisive holiday celebration in the Republika Srpska entity, contravening orders from the Ministry of Defence. The members of the Third Infantry Brigade, made up of soldiers from Republika Srpska, participated in the event despite explicit orders not to do so from the Ministry of Defence and a warning from NATO command in Bosnia. Source Balkan Insight
Moldova may scrap a trade agreement with the European Union after the country’s next parliamentary elections, Moldovan President Igor Dodon said on Tuesday. Dodon said it was “curious” that Moldova’s trade turnover with the EU had wilted since signing a political and trade pact with the bloc in 2014. Source: Reuters/Yahoo
European car sales rose to a nine-year high in 2016, with French manufacturer Renault SA taking advantage of recovering demand and Volkswagen AG’s tarnished reputation to leap to second place from third in the region. Industrywide registrations increased 6.5 percent to 15.1 million vehicles. Source: Bloomberg