Russian President Vladimir Putin has once again stressed the importance of preserving the multilateral nuclear agreement signed between Iran and major world powers in 2015. saying Moscow does not approve of what is being done against Iran.
Read More »Putin Highlights Differences with Saudis as OPEC Decision Looms
A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.
Read More »Technology Center to Be Established for Developing Achimovsky-Strata Oil Deposits in Russia
Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits.
Read More »Lukoil Enters Hydrocarbon Production Project in The Congo
PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.
Read More »Russia Sees $60 Oil Satisfactory
Due to the production cuts. Russia’s economy is expected to grow by just 1.2 percent in 2019.
Read More »Russia. China Condemns US`s Unilateral Sanctions against Iran
The Russian and Chinese leaders have stressed the importance of the JCPOA.
Read More »Novatec`s Cooperation in China with Sinopec and Gazprombank
Chinese companies are investing in the development of Novatec’s LNG projects in the Arctic region of the Russian Federation.
Read More »Sechin: Oil Contamination had Negative Impact
Pipeline monopoly Transneft had assured Rosneft it would be compensated for all losses from the oil contamination.
Read More »Russia`s 2019 Growth Outlook due to Lower Oil Output
Russia’s average daily oil output has dropped to a three year-low in June.
Read More »Russia will Contribute 32% of Global New-Build Underground Gas Storage Capacity Growth by 2023
GlobalData identifies Turkey as the second largest country in terms of new-build underground gas storage capacity growth by 2023.
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