Tag Archives: Russia

The cost of the project. announced in late 2014. was seen between $12 and $13 billion.

Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.

Iran'.s power grid is linked to 7 neighbors and these electricity links will soon be connected to Georgia and Russia.

Azerbaijan has been the main exporter of gas to Georgia for many years.

Russian oil production declined by 254.000 bpd from April 1-26 compared with the reference level of October.

A number of major Middle East crude producers countries reached an initial agreement last week to extend output cuts beyond their June expiry.

US President Donald Trump is an outspoken critic of the agreement negotiated by his predecessor Barack Obama.

For the first quarter this year. Schlumberger posted earnings per share of $0.25. in line with the Zacks Consensus Estimate.

Growth in Saudi Arabia. the region’s largest economy. is expected to slow to 0.4% this year.

Iran and Russia can take advantage of the opportunity provided by Western sanctions against the two countries.