MOSCOW TIME: 19.04.2019 11:41:25

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Russia ready to boost oil production by more than 200,000 bbl/day within OPEC+ deal

Russia is ready to boost oil production within the OPEC+ oil production capping deal by more than 200,000 barrels daily in order to increase the OPEC+ production growth to 1 mln barrels. Ministers of OPEC+ countries made a decision at their meeting on June 23 to increase oil production by approximately ...

Modified: 02.07.2018
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Russia, Saudi Arabia agree on termless extension of OPEC+ deal energy minister

Russia and Saudi Arabia have agreed a termless extension of the OPEC+ deal at the Moscow meeting, Russias Energy Minister Alexander Novak said Saturday, adding that the agreement stipulates output regulation at any moment. "I would like to point out that two days ago the meeting between Saudi Arabia’s ...

Modified: 18.06.2018
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Putin hails Russia-OPEC cooperation

Russian President Vladimir Putin noted that the joint work of Russia and OPEC has given a good effect for the oil market. He made this statement at a meeting with Crown Prince of Abu Dhabi Mohammed Al Nahyan. "Our joint efforts, including those of our friends from Saudi Arabia and OPEC in general, have brought good ...

Modified: 04.06.2018
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Russian, Saudi energy chiefs hash over broad industrial cooperation

Russias Energy Minister Alexander Novak met with his Saudi Arabian counterpart Khalid al-Falih prior to the eighth meeting of the monitoring committee of OPEC and non-OPEC nations in Jiddah (Saudi Arabia) to discuss energy collaboration, Russias Energy Ministry said. "An active position has allowed leading oil-producing countries to reach a consensus regarding the issue of implementation of 'Vienna ...

Modified: 21.04.2018
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