Exxon Mobil Seeks U.S. Sanctions Waiver for Oil Project in Russia
Exxon Mobil is pursuing a waiver from Treasury Department sanctions on Russia so it may drill in the Black Sea in a venture with the Russian state oil company Rosneft Continue Reading
Exxon seeks waiver from U.S. sanctions on Russia:
Exxon Mobil Corp ( XOM.N ) has applied to the Treasury Department for a waiver from U.S. sanctions on Russia as the oil major looks to resume its joint venture Continue Reading
Russia interested in oil and gas opportunities in Senegal
Russia has an opportunity to foster a better trade relationship with Senegal, an emerging West African oil producer, the Russian foreign minister said. Russian Foreign Minister Sergei Lavrov hosted his Continue Reading
Russia takes conservative approach on the price of oil
Russia is taking a conservative approach to the price of oil, pegging its scenario for growth at $40 per barrel for the nation’s benchmark Urals crude oil. “Taking into account Continue Reading
Libya’s Haftar says Russian base not being discussed – RIA
The question of a Russian military base being set up on Libyan territory is not being discussed, Russia’s RIA news agency quoted Libyan military commander Khalifa Haftar as saying on Continue Reading
Russia plans to cut oil output by 300,000 barrels per day
Russia says it will cut 300,000 barrels of oil per day from its production levels by the end of the month in coordination with an OPEC-led agreement. File Photo by Continue Reading
Russia stands by OPEC oil production commitments
Russia will be 100 percent in compliance with the terms of a production deal coordinated by OPEC by the end of the month, Russia’s oil minister said. Russia is the Continue Reading
Fixing Russia’s Growth for Economists Takes One Ruble at a Time
The ruble’s “ serious weakening ,” as forecast by Russia’s Economy Ministry, may be seriously good for growth. While the authorities in Russia have wavered this year over the benefits Continue Reading
Politics Eclipse Carry as Ruble Tumbles After U.S. Syria Strikes
Russia’s ruble fell the most among major global currencies on Friday and the nation’s borrowing costs climbed after U.S. airstrikes on Syria dimmed hopes for improved ties under Donald Trump. Continue Reading
Saudi Arabia Vs. Russia: The Next Oil Price War
International oil markets could be heading towards a new war, as leading OPEC and non-OPEC producers are vying for increased stakes. The unexpected cooperation between OPEC and non-OPEC countries, instigated Continue Reading