Tag Archives: International Organizations

The two companies will be represented by four board directors each. sharing nomination rights for senior executives.

Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.

The price drop mirrors the trend in global prices that have been shaky in recent weeks.

The new rules will put solidarity first when it comes to dealing with disruptions to gas supply.

Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.

Iran and the Group 5+1 (Russia. China. the US. Britain. France and Germany) reached the 159-page nuclear agreement in July 2015 and implemented it in January 2016.

The two sides will also discuss the possibility of installing five power generation stations with a capacity of 125 MW at Banias power plant.

The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.

In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.

Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.