Tag Archives: Russia

Russia and Saudi Arabia’s energy ministers agreed to stabilize the oil market.

Saudi Energy Minister His Royal Highness Prince Abdulaziz bin Salman Al-Saud and his Russian counterpart Alexander Novak reaffirmed their respective countries’ firm commitment to maintaining the stability of the global oil markets. The two ministers held a call today during which they underlined their countries’ joint consultations regarding latest developments …

Russian oil producers are confronting their greatest challenge in decades as they try to fend off a historic price slump without permanently damaging their fields. To save the market from collapse caused by the coronavirus, Moscow and its OPEC allies agreed to cut crude output deeper than ever before. Their …

Russia’s UN ambassador slammed the United States as ridiculous for arguing it was still a member of the Iran nuclear deal two years after it quit, so Washington could trigger a return of all United Nations sanctions on Tehran.

Rejecting the US claims on the nuclear deal with Iran, Russia's Permanent Representative to the United Nations Mikhail Ulyanov said that many countries are of a different view.

Russia's Permanent Representative to the United Nations Mikhail Ulyanov said that US pullout from Iran’s nuclear deal, known as Joint Comprehensive Plan of Action [JCPOA], led to a decline of security in the Persian Gulf [PG].

Iranian Ambassador to Russia Kazem Jalali and Russia’s Deputy Foreign Minister Sergey Ryabkov in a telephone conversation explored the avenues for bolstering regional and international cooperation.

Iranian Ambassador to Russia Kazzem Jalali and Russian Deputy Foreign Minister Sergey Ryabkov in a telephone conversation reviewed broadening of mutual cooperation and regional developments. During the phone talk on Thursday night, Jalali and Ryabkov discussed important issues such as sanctions unilaterally imposed by the US against Iran and Washington’s …

Russia was still trying to stiff Poland on energy and gas prices in March and April despite a European court verdict that determined Russia overcharged Poland and should adjust its prices to fair market value. The Polish Oil Mining and Gas Extraction Company (PGNiG) won in the Court of Arbitration …

Russia’s oil output in the first five days of May fell to 8.75 million barrels per day (bpd), close to its production target of 8.5 million bpd for May and June under a global deal to cut crude supplies, two sources familiar with the data told Reuters. Together with gas …