Moscow said last month it had discussed with Riyadh extending the deal but no specific decisions had been made ahead of a Nov. 30 producers’ meeting in Vienna.
Read More »Russia on Track to Becoming Global Energy Storage Leader
Moscow expects oil refining to go up to 284 mln tones and gasoline demand to rise 1% in 2017.
Read More »Russia Invites Turkmenistan to Participate in OPEC+ Deal
Over the 8 months of the agreement in force. surplus of global oil reserves decreased by 168 mln barrels and now stocks exceed the five-year standard by only 170 mln barrels.
Read More »Russia. China to Benefit from U.S. Sanctions On Venezuela
Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.
Read More »Syria. Russia Discuss Means of Exploring and Investing Oil. Gas and Mineral Wealth
The Russian delegation comprises the Russian Deputy Minister of Industry and a number of senior directors and representatives of Russian oil companies.
Read More »Saudis Pay the Price for OPEC Leadership
The OPEC leader has lost ground to rivals selling in some of its key Asian export markets. most particularly China and India.
Read More »Russia`s Gazprom Neft Beefs Up Security at Its Iraqi Kurdistan Branches
The company'.s management is prepared for any situation. Gazprom Neft Middle East CEO says.
Read More »German Ex-Chancellor Schroeder Approved as Rosneft Board Chairman
Under the directive. Schroeder was nominated as a candidate for Chairman of the Board of directors of Rosneft.
Read More »Venezuelan President to Take Part in Russian Energy Week
The Russian Energy Week is scheduled for October 4-7.
Read More »China and Russia Agree to Expand Energy Cooperation
Russia is currently the top exporter to China for oil and energy. and the fifth for coal.
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