This commitment to a balanced market and a sustainable stability remains our key objective.
Read More »Russia. China Condemns US`s Unilateral Sanctions against Iran
The Russian and Chinese leaders have stressed the importance of the JCPOA.
Read More »Novatec`s Cooperation in China with Sinopec and Gazprombank
Chinese companies are investing in the development of Novatec’s LNG projects in the Arctic region of the Russian Federation.
Read More »Tillerson Supports U.S. Trade Goals. not Tactics
Tillerson supports the president’s trade objectives but may not support the tactical moves.
Read More »Sechin: Oil Contamination had Negative Impact
Pipeline monopoly Transneft had assured Rosneft it would be compensated for all losses from the oil contamination.
Read More »Oil Down amid Rise in US Inventories
OPEC. together with its allies. has been withholding production since the start of the year to prop up the market.
Read More »Russia`s 2019 Growth Outlook due to Lower Oil Output
Russia’s average daily oil output has dropped to a three year-low in June.
Read More »Russia will Contribute 32% of Global New-Build Underground Gas Storage Capacity Growth by 2023
GlobalData identifies Turkey as the second largest country in terms of new-build underground gas storage capacity growth by 2023.
Read More »Turkey will Dispatch Second Drillship Off Cyprus
Ankara has no intention of usurping the rights of anyone. nor allowing its own rights to be usurped.
Read More »Growing Producer Consensus to Stabilize Market
The Kingdom is closely monitoring recent developments in the oil market.
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