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Russia proposed creating a platform to conduct research in the energy sector for BRICS member-states.
Read More »V.Putin and N.Modi Vow to Boost Cooperation in Oil & Gas Sector
Russia. Saudi Arabia Discussed Extending OPEC-Led Deal. No Decision
Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.
Read More »Russia Proposes Energy Research Initiative for BRICS States
Russia has proposed to create a research platform for the energy sector to be shared among the BRICS states.
Read More »Russia Likely to Back Extension of OPEC Deal as Prices Stabilize
Russia’s publicly traded oil producers. both state-led and non-state. have voluntarily reduced output in order to support prices.
Read More »Russia and Saudi Arabia Plan to Extend Outputs Cuts Through June
Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.
Read More »Venezuela Oil Minister to Visit Russia Ahead of Sept. 22 Vienna Meet
During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.
Read More »EU More Likely to `Ally with Russia Than US` Over Gas Pipeline Projects
Gazprom and its European partners are currently working on two pipeline projects. Nord Stream 2 and Turkish Stream.
Read More »Russian Minister Calls Turkey `Crucial` Trade Partner
Russia and Turkey were enhancing cooperation in several fields. including industry. transport. agriculture and construction.
Read More »US Sanctions Will Not Affect Construction of Turkish Stream. Akkuyu NPP
Akkuyu NPP is expected to be launched by 2023. Donmez said.
Read More »Iran May Start Oil Supplies to Russia Within Month
Moscow and Tehran may shortly agree upon conditions for sale of 100.000 oil barrels per day.
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