Emerging Oil Producers Could Get A Boost As The West Pivots Away From Russia

New oil regions that have attracted the attention of oil majors looking for greater longevity in their operations and cheap, low-carbon oil prospects could receive an additional boost in response to the Russian invasion of Ukraine. As governments rush to source alternative oil and gas supplies, the rapid development of promising new oil regions could provide the long-term supply needed to reduce the global reliance on Russia. Sanctions on Russia are invigorating interest in new oil regions as energy firms look to develop alternative operations…