Tag Archives: Saudi Arabia

Russia does not expect the latest regional diplomatic crisis with Qatar to affect an agreement among major producers to cut oil output.

Saudi Arabia and Russian companies are discussing a number of joint oil and gas projects.

Despite its huge conventional gas reserves. Russia’s share in the global LNG market is small. at around 4 percent.

Both Moscow and Riyadh said cooperation would continue beyond the current agreement.

The deal will develop a world-class maritime yard within the King Salman International Complex.

For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.

Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.

The state-owned NPC is the top regulatory body of the petrochemical industry.

We need to shift our focus to speeding up the development of shared oil and gas fields.

Russia maintains its oil-price outlook at $50 to $60 on average for this year.