Russia will be cooperating with an OPEC decision last November to cut production levels and will be reducing its oil output by 300.000 bpd.
Read More »Russia Eyeing to Produce Ilyushin Passenger Planes in Iran
Airbus is the world’s Number 2 jet maker after Boeing. a US-based multinational plane manufacturer.
Read More »Iran Aims to Purchase 12 Russian Passenger Aircraft
The potential of agreements in this sphere could be valued at $20 billion
Read More »Russia Eyeing to Help Iran Build Power Plants
Russia is willing to have a big share in construction of power plants on the condition that such contracts will be in big scale.
Read More »Russia Overtakes S. Arabia as Largest Crude Producer
Saudi Arabia’s crude exports declined to 8 million barrels a day in December.
Read More »France Reaffirms Commitment to Nuclear Deal
The two countries can develop constructive bilateral ties based on mutual respect and cooperation in the post-deal era.
Read More »Belarus will Buy Iran`s Crude
It is the first time Belarus has bought Iranian crude oil.
Read More »Russia: No Worries Over JCPOA Implementation
Ryabkov noted that the new US administration will reach the same conclusion after scrutinizing the accord.
Read More »Iran and Russia Plan to Enhance Economic Bonds in a Month
Iran and Russia expect 5 economic events to take place in Tehran by March 20.
Read More »Oil Rises as OPEC-led Output Cuts Trim Oversupply
Brent crude was 45 cents higher at $56.04 a barrel by 0950 GMT. U.S. light crude oil was up 35 cents at $53.28.
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