Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

The two sides exchanged views on Tehran-Moscow energy cooperation roadmap.

According to OPEC+ deal Kazakhstan must lower oil production by 20 000 barrels per day to the level of November 2016.

Iraq continued to be the top oil supplier to India in the April-June period.

Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.

OPEC agreed with Russia and other oil-producing allies last month to raise output from July.

Saudi Arabia and several other members of OPEC have increased exports sharply ahead of sanctions on Iran.

Sechin said last month he was satisfied with oil prices rising to $70-$80 per barrel.

GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.

The global oil and gas industry has significantly increased the pace at which new projects are brought to peak production levels.

China is seeking more business in the UAE as part of its free trade pivot.