OPEC Nears Extending Production Cuts
More talks are still needed with non-OPEC producers that were part of the output deal.
Russia | Egypt Oil & Gas - Part 20
Gulf OPEC Members to Raise Output in Case of Shortage
The Gulf members of the Organization of the Petroleum Exporting Countries (OPEC) plan to meet the oil market demand in case of a supply shortage.
Russia Remains Undecided on OPEC Output Deal
Russian Energy Minister, Alexander Novak said that it was too early to speak about preferable options, adding that “we should do what is more expedient for us.”
Gazprom Sees OPEC-Led Deal Ending in H1 2019
Gazprom Neft now assumes the deal will be effective until the middle of the year.
Russia to Raise Oil Output from June
Russia plans to change the supply deal with the Organization of the Petroleum Exporting Countries (OPEC) and increase its oil output upon meeting OPEC in June.
OPEC Struggles to Keep Russia Longer in Oil Cuts
Saudi Arabia struggles in persuading Russia to stay longer with the Organization of Petroleum Exporting Countries (OPEC)’s strategy of oil cuts.
OPEC Mulling 1M b/d Oil Output Cut
Saudi Arabia, the biggest OPEC producer, is discussing a proposal to cut oil output by up to 1 million barrels per day (b/d) between OPEC and allies.
Qatar to Pay $4.23B for Stake in Russia’s Rosneft
The Qatar Investment Authority (QIA) sovereign wealth fund will pay roughly $4.23 billion for a half of 14.16% stake in Rosneft, the Russian oil giant announced on November 6.
Saudi Arabia Looks to Acquire 30% of Novatek Arctic LNG Project
Saudi Arabia aims to acquire 30% of Russia’s Novatek Arctic LNG project, Saudi Energy Minister Khalid al-Falih told Ekhbariya TV on October 25.
Russia to Provide $45B Loan for Dabaa Nuclear Plant
Russian President Vladimir Putin has announced a loan to Egypt in order to finance the construction of Egypt's Dabaa nuclear power plant, which will be constructed by Russia's State Atomic Energy Corporation (Rosa ...
