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Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »Is Extending OPEC Cuts a Done Deal?
Qatar to Boost Gas Production from Underwater Field
Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.
Read More »OPEC Deal Pushes Russian Oil Output Down 1.6 Percent from Peak
Russia plans to hold an energy dialogue meeting with OPEC in Moscow on May 31.
Read More »India to Cut Iranian Oil Purchases in Row Over Gas Field
Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.
Read More »President Invites for Wise Use of Caspian Sea
We have ignored to install recreation facilities in the Caspian Sea to serve our people.
Read More »Tehran. Moscow will Use National Currencies in Mutual Settlements
Banking resources need to be directed towards effective projects which create jobs and lead to economic growth.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Russian Energy Minister Estimates Additional Revenue of 26 bln USD
Russia has promised to cut its daily oil output by up to 300.000 barrels in a gradual manner.
Read More »Iran. Russia Ink MoU to Build Railcars
Relations between Iran and Russia in almost the past four years have been unprecedented and historical.
Read More »Oil Min: Global Oil Cuts Deal Likely to be Extended
Iran'.s current oil production stands close to 3.8 million barrels per day.
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