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Moscow and Riyadh. a traditional US ally. have made a striking rapprochement in recent years.
Read More »Russia. Saudi Arabia Sign Key Oil Deal
Russia`s De-Dollarization Efforts for Oil & Gas Sales
US sanctions now routinely delay Western companies'. business with Russia.
Read More »A New Alliance in Energy Market
Overall. 20 agreements were signed between the two nations across a variety of industry sectors.
Read More »Russia Exploring Ways to Replace Dollar with Euro. Roubles in Transactions
Russia has attempted to reduce its exposure to the US through a de-dollarization policy to offset the impact of US sanctions.
Read More »Russian Investors Eyeing Saudi Aramco Listing
A global oil output deal between members of OPEC and non-OPEC countries would be discussed at talks in Riyadh.
Read More »Russia. Germany Discuss Gas Transit across Ukraine
Ukraine should first and foremost make a decision on the future amounts of Russian gas to be procured under the direct contract.
Read More »No Talks Underway to Change Oil Output Deal
There were no talks underway to change the global output deal.
Read More »Saudi Aramco Considers Investing in Russian LNG
Saudi companies were considering investments in joint gas projects with Russia. as well as for the production of ethanol. used in the liquefaction of natural gas.
Read More »After Iran Sanctions. India Ups Crude Oil Imports from US. Nigeria and Russia
The ongoing crisis in the South American country of Venezuela has also seen supplies from the nation drop from 7.6 MT to 6.2 MT.
Read More »Russia will Build $1bn Oil Complex in Saudi Arabia
The organization will stick to the agenda of keeping oil prices at a ``sensible level`` in the future.
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