The Abu Dhabi National Oil Company (ADNOC) and Russia’s Gazprom Neft have entered into a strategic cooperation agreement for upstream and downstream.

The Russian natural gas producer exported around 64.4 bcm to countries outside the former Soviet Union from January to April.

Russia's Gazprom Neft said that it had increased its crude output in 2015 due to higher production from its Arctic projects SeverEnergia, Prirazlomnoye and Novoport as well as continued growth at projects in the Orenburg region and Iraq.