Question

Russia is one of the world’s largest major oil producers and has a long history of exploiting the commodity. Collection of seep oil in what is now Russian territory was reported as early 1264 by European explorer Marco Polo in the vicinity of the city of Baku in the Caucasus region when it was under the dominion of Persia.

The earliest drilling for oil in Russia was also reported in Baku in 1846 under the direction of Russian authorities. Drilling first took place in the region on a full commercial scale in 1873, and within three months the operations were reported to have produced 1.5 billion kilograms of oil. By 1875, with demand from the growing industrial revolution in Europe, an incipient oil industry was established in the area. Among others, it was led by the Nobel brothers Ludvig, Robert and Alfred, of Sweden, and the Rothschild family, of Germany.

Answer 1

Bako, in Russia has always been a reservoir of seep oil. In 13th century, Marco Polo discovered the oil resource which was then used for illuminating house and for treatment of infectious diseases. People from farland used to travel huge distance just to extract this oil. Now, Russia have extracted the oil source on a huge level and is now amongst the world's largest major oil producers avoiding political and economical conflicts unlike U.S. But with the growing need of energy, Russia needs to look out for more alternative energy fuel sources and pass bills on saving of fuels and making of alternative fuel energy infrastructure.