Russia | Egypt Oil & Gas - Part 29
Oil Producers Extend Output Cuts for 9 Months
Oil producers chose to extend supply cuts of 1.8mb/d for nine extra months, amidst a global glut of crude and rising US shale gas production, which saw prices more than half in the past three years, Normangee Star rep...
OPEC Ministers to Meet Russia
The energy ministers of Saudi Arabia and Venezuela, members of the Organization of Petroleum Exporting Countries (OPEC), plan to meet their Russian counterpart to discuss extending oil-output cuts amid a developing co...
Kuwaiti Oil Price Decreases
Kuwait Petroleum Corporation (KPC) told Kuwait News Agency (KUNA) that the price of Kuwaiti oil went down by $0.42 to reach $48.75 per barrel on the 25th of April after it was $49.17 on the 21st of April. Globally oil...
Bahrain, Russia Hold Talks on LNG Supply
Bahrain is holding talks with Russia on the supply of liquefied natural gas (LNG). The Russian companies involved in the talks are Gazprom and Rosneft, Bahrain’s Oil Minister, Sheikh Mohammed bin Khalifa bin Ahm...
Iran, Russia to Build 2 Nuclear Power Plants
Iran and Russia will jointly construct two nuclear power plants in the Islamic state, Xinhua Net informed, citing the Iranian Energy Minister, Hamid Chitchian. As informed on Oil Price, the cooperation contract signed...
Egyptian Delegation Visits Russia for Nuclear Talks
An Egyptian delegation of 15 members of the Parliamentary Energy Committee is holding meetings in Moscow with Russia’s state-owned nuclear energy company Rosatom to talk about Al Dabaa Nuclear Plant, reported Al...
Russia to Invest in Syria’s Infrastructure
Russian Energy Minister, Alexander Novak, stated that Syria is in talks with Russia to have Russian oil companies participate in restoring Syrian oil extracting infrastructure, reported TASS Russian News Agency. Novak...
Iran, Russia Mull Gas Partnership
Iran and Russia are negotiating to implement joint natural gas development projects, Trend News Agency reported. The National Iranian Gas Company’s (NIGC) Managing Director, Hamid Reza Araqi, said that negotiations to...
