Russia, Iran Sign $740 M Development Agreement
The NIOC signed a $740 million agreement with a Russian-Iranian consortium to develop two oil fields near the Iraqi border.
Russia | Egypt Oil & Gas - Part 24
Russia to Work on Iranian Oil Fields
Russian oil firms may sign deals with Iran by March 21st which would enable them to work on Iranian oilfields.
Saudi Arabia, Russia Increase Energy Cooperation
Saudi Arabia and Russia are continuing to strengthen their relations in the energy sector.
OPEC, Russia Renegotiate Production Cut Agreement
Russia will withdraw from the production cut agreement with the Organization of the Petroleum Exporting Countries (OPEC) if oil prices remain at $70 per barrel for six months.
Russia, Saudi Arabia, Iraq Top Crude Suppliers to China in November
Russia, Saudi Arabia, and Iraq were the top crude suppliers for China’s domestic market in November.
Putin Lauds Rosneft’s Work in Iraqi Kurdistan
Russian President Vladimir Putin lauded the work of the Russian energy company, Rosneft, in the semiautonomous Kurdish region in northern Iraq.
Gazprom Signs MoUs with Iran
Gazprom signed two memoranda of understanding (MoU) with Iran for the development of Iran’s natural gas assets
Egypt, Russia to Sign Nuclear Plant Agreement this Week
Egypt and Russia will sign an $30 billion agreement to establish a nuclear power plant at El Dabaa this week.
Saudi Arabian Exports to China Rise
Saudi Arabia’s cru.de exports to China rose in October even as the Asian giant reduced oil imports
Oil Producers Considering Modified 9-Month Extension of Cuts
OPEC and its oil-producing allies are considering a modification of the proposed nine-month extension of the production-cut agreement.
