Tag Archives: Russia

The Kremlin said earlier this week that penalties could hurt investment projects with European partners. such as the Nord Stream Two pipeline from Russia to Europe.

Under a deal agreed last year. oil exporters committed to cut production in an effort to reduce global stockpiles that have depressed prices for more than two years.

Novak said Monday he is meeting with his Kuwaiti counterpart to discuss LNG exports.

Essar Steel’s petition in the Gujarat High Court against the NCLT proceedings was dismissed and the company filed its response petition with NCLT on Saturday.

Germany is leading a group of countries whose companies are taking part in building the 55bn cubic metre a year (cm y) route.

Construction of two new power stations on the peninsula. which Russia annexed from Ukraine in 2014. is already underway.

Crimea is subject to EU sanctions on energy equipment after Russia annexed the Black Sea peninsula in 2014.

A rebalancing of the oil market is progressing more slowly than expected. but it will speed up in the second half of the year.

Nigeria and Libya have been exempt from quotas under the Vienna deal between OPEC and 10 other major oil producers on limiting oil production agreed in November 2016.

Ecuador is doing what other members wish to—ditching a supply deal that has become more painful than gainful.