The idea to bump output has been advocated by Saudi Arabia and Russia.
Read More »John Bolton Heading to Russia to Discuss Potential Trump-Putin Meeting
On June 10. the Russian president confirmed he was ready to meet with Trump as soon as Washington was ready for the summit.
Read More »Moscow. Seoul Discuss South Korea’s Participation in Arctic LNG-2 Project
Moscow and Seoul are discussing South Korea'.s participation in the Arctic LNG-2 project.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
Read More »Russia and Saudi Arabia will Ask OPEC output Rise of 1.5 Million bpd
An oil production shortfall in Iran and Venezuela has changed the scenario for the two countries and members of the oil cartel.
Read More »Russia will Develop Two Joint Fields between Iran.Iraq
Iran is negotiating with Russia’s Gazprom Company for the development of Azar and Changooleh oilfields shared between Iran and Iraq.
Read More »Oil Drops near $64 as OPEC Clash Looms
OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.
Read More »Nord Stream-2 Project is Purely Commercial. not Political
In Germany and Finland. Nord Stream 2 AG has already received a full set of permits for the construction and operation of the gas pipeline.
Read More »With OPEC Meeting. Where Are Oil Prices Headed?
OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.
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