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Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
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.
Read More »Outcomes of the OPEC Meeting
OPEC operates on consensus. and the production limits have always depended on voluntary compliance.
Read More »The Agreement will not Indicate Particular Volumes
On June 22-23. OPEC + participants will meet in Vienna to discuss options for further implementation of the transaction.
Read More »Russian Gas Giant Gazprom Cut Off from International Capital Markets
The litigation between Gazprom and Naftogaz at the Stockholm Arbitration Institute was related to the terms of a contract on gas transit through Ukraine made eight years ago.
Read More »Saudi Arabian and Russian Oil Market Policy to Dominate OPEC summit in Vienna
GCC countries are thinking about the need to replace lost Iranian barrels.
Read More »