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Energy Minister Alexander Novak said it would take Russia ``months`` to get down to its requested level.
Read More »It would Take Months for Russia to Implement Oil Production Cuts
Russia is Ready to Extend TurkStream to Greece
The pipeline is set to cross beneath the Black Sea from Russia to Turkey.
Read More »OPEC Respects Qatar’s Decision to Withdraw
OPEC said it remains fully committed to achieving and sustaining balance and stability in the market.
Read More »Qatar will Leave OPEC in 2019
The emirate will no longer remain committed to OPEC agreements.
Read More »Tokyo protests Beijing’s New Activities in East China Sea Gas Field
Japan protested through diplomatic channels immediately after confirming China’s latest activities.
Read More »The Troika of Oil Market Decision Making
The output from the troika is the fastest-growing element in global oil supplies.
Read More »Shell Discovers over 1trn Cubic Feet of Gas in Eastern Nigeria
The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate. in shallow and deep reservoirs.
Read More »Baghdad to Increase Kirkuk Oil Export to Turkey`s Ceyhan Port
Relations between the Iraqi government and the KRG had been strained since September 2017.
Read More »OPEC. Allies will Address Oil Price Slump at Vienna Meeting
OPEC and 10 non-OPEC partners. led by Russia. will meet December 6-7 to decide on output policy.
Read More »Oil Producers Not To Cut Output
Surging production from the world’s biggest oil producers have more than offset Iranian and Venezuelan supply losses.
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