Russia has already reversed most of its own production cuts as part of the deal.
Read More »Novak. Falih Pledged Long-Term Cooperation
Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.
Read More »OPEC Non-OPEC Coalition Search for Consensus ahead of Algiers Summit
Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »OPEC+ Might Discuss Increasing Oil Output by more than 1 mln bpd
Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.
Read More »OPEC Needs to Work with Oil Producer to Manage Global Supplies
Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.
Read More »The U.S. Wants Russia to Control Soaring Oil Prices
The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.
Read More »New Yamal LNG Carrier Named
MOL highlights that the Arctic is a rich repository of natural resources.
Read More »Saudi Arabia and Russia have Taken Oil Market `Hostage`
Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »Rosneft Allows CNPC to Buy Siberia Project Stakes
This agreement concerns large oil and gas projects in eastern and western Siberia.
Read More »Gazprom. Mitsui Sign MoU on Baltic LNG Plant
Baltic LNG plant is reportedly expected to fulfill the demands of the European and Latin American markets.
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