Energy Policy

Alekperov is Lukoil'.s largest shareholder and owns about a quarter of the firm.

OPEC realized the importance of working with Russia two decades ago. but the Russians did not understand the importance of working with OPEC until lately.

Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.

Saudi Aramco’s commitment to invest in India’s energy sector comes in the wake of the complete removal of subsidy and administered pricing of auto fuel since October 2014.

One of the main consequences here is the exploration by Turkish vessel Barbaros Hayrettin Pasa.

US’ European allies. including England and Germany. have forcefully defended the Iran deal.

The geopolitical reality in the Middle East is changing dramatically.

Iran’s Oil Minister Bijan Zanganeh told Reuters at the event that there is ``no objection`` to the proposal for deeper cuts.

Vladimir Putin hopes first official trip by Saudi monarch to Moscow will seal powerful new alliance centered on oil and conflicts in the Gulf states.

Moscow said last month it had discussed with Riyadh extending the deal but no specific decisions had been made ahead of a Nov. 30 producers’ meeting in Vienna.