OPEC ministers attending the Moscow event said they were considering extending the deal or making a deeper cut.
Read More »Venezuela to Invite More Countries to Join Output Cuts
Iran’s Oil Minister Bijan Zanganeh told Reuters at the event that there is ``no objection`` to the proposal for deeper cuts.
Read More »Venezuela Has Plan B to Sell Its Oil If U.S. Imposes Sanctions
PDVSA owes some US$3.5 billion to the U.S. in the next five or six weeks. according to Platts.
Read More »Saudi king`s Visit to Russia Heralds Shift in Global Power Structures
Vladimir Putin hopes first official trip by Saudi monarch to Moscow will seal powerful new alliance centered on oil and conflicts in the Gulf states.
Read More »Saudi King Heads to Russia. with Oil. Investment and Syria on Agenda
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 »Gazprom Intends to Invest Up to $1.7Bln in Kyrgyzstan Energy Sector
Gazprom intends to invest up to 100 billion rubles in the coming years.
Read More »Russia`s Gazprom Rediscovers It Needs Ukraine
Last year. Gazprom used their pipelines to deliver over 80 billion cubic meters of natural gas. or roughly 46% of its Europe-bound gas deliveries.
Read More »Russia Says Row with Exxon Over Sakhalin-1 Is Resolved
Exxon has been in talks with Russian gas giant Gazprom for years over gas sales from Sakhalin-1.
Read More »V.Putin and N.Modi Vow to Boost Cooperation in Oil & Gas Sector
Russia proposed creating a platform to conduct research in the energy sector for BRICS member-states.
Read More »Russia Proposes Energy Research Initiative for BRICS States
Russia has proposed to create a research platform for the energy sector to be shared among the BRICS states.
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