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Energy Minister Alexander Novak said it would take Russia ``months`` to get down to its requested level.
Read More »It would Take Months for Russia to Implement Oil Production Cuts
OPEC Countries Agree to Cut Production
The measure. which was spearheaded by Russia. will come into effect on January 1.
Read More »Russia`s Novak to Meet Saudi. Iran Ministers
Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran.
Read More »OPEC+ to Continue Talks on 2019 Oil Production
Russia would eventually agree to cut its oil production.
Read More »Putin has no Hard Figures on Possible Oil Output Cuts
OPEC and non-OPEC oil producers will hold a ministerial meeting Dec. 6-7.
Read More »Russian. Saudi Energy Ministers Meet on G20 Sidelines
A decision on the production policy in 2019 can be reached at an OPEC+ ministerial meeting in Vienna on December 6-7.
Read More »Turkish Stream may Run through Serbia
Energy cooperation is one of the most important areas of cooperation between Moscow and Belgrade.
Read More »Moscow will Continue Seeking Mechanism for Cooperation with Iran
Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran.
Read More »Russian Shipyard Starts Serial Production of Aframax Oil Tankers
The shipyard will build 25 tankers for Rosneft.
Read More »Oil Price at Any Level Comfortable for Rosneft
Rosneft will work on increasing its market share if oil prices drop.
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