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Russia committed to reduce oil production by 300.000 barrels a day.
Read More »Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Russia committed to reduce oil production by 300.000 barrels a day. had been gradually heading towards this level since early 2017 and reached this level last May.
Read More »Russia Eyes an Exit. while Saudi Arabia Set to Maintain Global Past
OPEC and its allies achieved a historic 149 per cent compliance in March.
Read More »Gazprom and Saudi Aramco Expand Cooperation
Earlier this year. Russia and Saudi Arabia boosted further their energy ties.
Read More »Russia. Iran can Extend Oil Supplies Agreement for 5 Years
In May 2017. Iran and Russia reached an agreement to begin oil supplies under the oil-for-goods program established back in 2014.
Read More »Tax Change could Boost Oil Output
Russia’s parliament has approved the new profit-based tax on the oil industry on a first reading.
Read More »Russia Capable of Constructing Akkuyu Nuke Alone
The intergovernmental agreement for Turkey'.s first nuclear plant was signed with Russia in 2010.
Read More »Russia Increases Supply of LNG to Japan
A plan of bilateral cooperation of eight points was proposed by Japanese Prime Minister Shinzo Abe during his visit to Russia in May 2016.
Read More »OPEC Divided on the Right Price for Oil
Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.
Read More »Russia and Iran Enter Free Trade Zone Agreement
The work on a free trade zone between Iran and the Eurasian Economic Union began in 2015.
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