Russian Minister: To Soon to Decide on Production-Cut Extension
The Russian Energy Minister, Alexander Novak, said it was too early to make a decision on extending production cuts past next March.
Russia | Egypt Oil & Gas - Part 25
Russia, Saudi Arabia to Discuss Markets, Production-Cut Deal
Russian and Saudi ministers will meet early next month to discuss global oil markets and the future of the production-cut agreement.
Russia Beats Out OPEC Competitors in Chinese Market – Again
Russia maintained its position as the top crude oil exporter to China for the seventh month in a row
Rosneft to Acquire 60% in Kurdish Pipeline
The Russian oil giant, Rosneft, is set to invest $1.8 billion in the primary oil pipeline of the Kurdistan Regional Government (KRG) for a 60% stake.
Egypt to Sign Final Deal For Russian Industrial Zone by End 2017
The industrial zone agreement, signed between Cairo and Moscow in February 2016, was designed to offer favorable treatment and benefit Russian resident companies, such as carmakers, petrochemical enterprises, ener ...
OPEC, Russia: Production-Cut Agreement Working
After meeting last Friday in Vienna, ministers from OPEC and major, non-OPEC oil-producing countries, said their production-cut agreement had drawn down global oil stocks.
Rosneft to Invest $1B in KRG Pipeline
Russian oil firm, Rosneft, will invest approximately $1 billion to develop natural gas pipelines in areas under the authority of the Kurdistan Regional Government (KRG).
Saudi Arabia, Russia Push Extension of Production Cuts
Saudi Arabia and Russia are advocating a three-month extension of January’s production-cut agreement.
Russia, Iran to Begin Oil-for-Goods Swaps
Russia and Iran are on track to implement an oil-for-goods trade agreement.
