The deal was announced after Novak held bilateral meetings with several counterparts.
Read More »Trump Administration Makes It Easier To Build Coal Plants
The proposed modifications are Trump’s latest attempt to fulfill campaign promises to revive the coal industry and restore mining jobs.
Read More »Saudi Arabia Hopes Oil Cut Likely to Boost Market Stability
OPEC and its allies agreed to reduce oil production by 1.2 million barrels per day (bpd) for the first six months of 2019.
Read More »S. Korean Shipbuilders Fare Well on Surge of LNG Carrier Orders
The global demand for LNG carriers is forecast to grow further for some time.
Read More »Iran. Russia Stress Support for Private Sector in Sanctions Era
Iran'.s exports to the Eurasian country rose by 30% last year.
Read More »Gazprom Launches Major Arctic Gas Field
Gas production operations at the field are to continue at the facility for more than 100 years – until 2128.
Read More »Nord Stream 2 Construction on Schedule
Nord Stream 2 is a joint venture of Russia’s energy giant Gazprom and five European companies.
Read More »It would Take Months for Russia to Implement Oil Production Cuts
Energy Minister Alexander Novak said it would take Russia ``months`` to get down to its requested level.
Read More »Libya. Iran. Venezuela Secure OPEC Production Cut Exemptions
Libya has been given a pass due to its chronic production outages.
Read More »Russia is Ready to Extend TurkStream to Greece
The pipeline is set to cross beneath the Black Sea from Russia to Turkey.
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