Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran, Russian Energy Minister Alexander Novak said.
News ID: 2665 Publish Date : 2018/11/20
Russian energy minister Alexander Novak said Monday that he plans to discuss a potential output cut in 2019 with oil companies before OPEC/non-OPEC meetings in early December, the Prime news agency reported.
News ID: 2659 Publish Date : 2018/11/19
Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be facing a deficit.
News ID: 2468 Publish Date : 2018/10/29
Russia’s oil production averaged 11.3 million bpd between September 1 and 27, up by more than 130,000 bpd compared to August and on course to set a new record-high in the post-Soviet era.
News ID: 2308 Publish Date : 2018/09/30
Oil prices have rebounded nearly 60% since June, with Brent crude rising to three-year highs of above $71 a barrel, prior to a pullback last week that wiped out its gains for 2018.
News ID: 1949 Publish Date : 2018/02/15
As oil trades near a three-year high and crude stockpiles fall rapidly, analysts are questioning whether the OPEC-led production cuts will last until the end of the year.
News ID: 1828 Publish Date : 2018/01/21
Kuwait’s Oil Minister Essam al-Marzouq said on Sunday OPEC and other oil producers will study before June the possibility of an exit strategy from the global oil supply-cut agreement.
News ID: 1649 Publish Date : 2017/12/11
Moscow and Tehran may soon agree upon conditions for the sale of 100,000 barrels of oil per day, according to the Russian energy minister.
News ID: 1203 Publish Date : 2017/08/20
Russia and Kuwait have opened talks on the possible construction of a nuclear power plant (NPP) as well as cooperation in the spheres of petroleum services and gas, Russian Energy Minister Alexander Novak said in an interview with the Rossiya-24 broadcaster on Sunday.
News ID: 907 Publish Date : 2017/01/24