Russia’s Oil Production Nearing Compliance with OPEC+ Cuts
Russia’s oil production fell to between 8.59 - 8.69 million barrels per day (mmbbl/d) in May, nearing Moscow’s previous pledge of reducing production to 8.5 mmbbl/d.
Russia | Egypt Oil & Gas - Part 17
Amur Gas Plant Project at 62% Completion
the Amur Gas Processing Plant (GPP) construction project, one of the largest infrastructure projects of the company in Russia's Far East, has reached 61.9% of its completion.
Gazprom Starts Work on Siberia-2 Pipeline
Russia’s gas major Gazprom has started a feasibility study for its Power of Siberia-2 pipeline project.
Saudi Arabia, Russia Cooperate Over Oil Market
Prince Abdulaziz bin Salman bin Abdulaziz, the Minister of Energy, and the Minister of Energy for the Russian Federation Alexander Novak are in constant contact on the developing oil market situation.
Russia to Curb Oil Production in Siberia by 15%
Russia’s top producing oil region in Western Siberia is expected to cut production by 15% in line with the OPEC+ cuts.
Saudi Arabia Ready for Long Term Cooperation with Russia
Saudi Arabia and Russia confirmed their commitment to implement the OPEC agreement of limiting production to 9.7 million barrels per day (mmbbl) for the coming two years.
Syria, Russia Sign Oil Exploration Deals
Syria’s parliament has signed oil exploration deals with the Russian companies Mercury LLC and Velada LLC.
Saudi Arabia, Russia to Bring Energy Market Stability: Putin
Russian President Vladimir Putin ensured that Russia is willing to cooperate with Saudi Arabia to bring stability to the global energy market.
Saudi Arabia, Russia Confer Energy Cooperation
The Saudi Oil Minister, Prince Abdulaziz bin Salman, discussed with the Minister of Economic Development of the Russian Federation, energy cooperation to stabilize the global energy market.
Saudi Arabia, Russia Brings Stability to Oil Market
Saudi Arabia and Russia cooperate to bring “perpetual stability” in the global oil markets, Prince Abdul Aziz bin Salman, the Kingdom’s energy minister.
