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Bazhenov Barrels
Bazhenov Barrels
Russia Wakes Up and Smells the Shale

Russia began drilling a well in its Bazhenov shale formation in Siberia this week, tapping in to what may be the world’s largest single reserve of shale oil. Russia’s coming to the shale game very late; because Russia is already rich in conventional oil and gas, it’s felt little pressure to invest in unconventional reserves. But as its hydrocarbon production begins to stagnate, Moscow is realizing that shale energy might actually be worth looking in to. And no wonder: Russia has the world’s largest reserves of shale oil, and ninth-largest reserves of shale gas.

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Walter Russell Mead & Staff
Putin's Patronage

The rebound of Russia’s largest oil company appears to be a major success story, but the truth is more complicated.

TAI elsewhere

Jason Willick on the inadequacy of the donor class vision for the Republican Party.

Regulate Don't Kill

Trying to apply blue model thinking to post-blue problems is foolish.

A New Cud to Chew

Feeding cows seaweed could cut out 99 percent of their methane emissions.

Trouble in Brussels

After threatening Putin with new sanctions over Syria, European leaders discover they lack the political will to deliver.

The United States is now going to have to figure out how to help Venezuela avoid completely melting down, with the Venezuelan strongman still at the helm.

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