No compatible source was found for this media. Saudi Arabia’s top oil official once said the Organization of Petroleum Exporting Countries should have little faith in any partnership with Russia. Continue Reading
The Kremlin has announced that commodities trader Glencore and Qatar’s sovereign wealth fund are together buying a 19.5% stake in Rosneft, Russia’s largest oil company. “It is the largest privatisation Continue Reading
The Russian government is committed to cutting oil production in line with world producers but now comes the hard part: making it happen. Russian Energy Minister Alexander Novak pledged last Continue Reading
Russian oil firms have not sought financial compensation for planned output cuts under a deal with OPEC, Kremlin spokesman Dmitry Peskov said on Wednesday. Russian Energy Minister Alexander Novak is Continue Reading
The Russian government is committed to cutting oil production in line with world producers but now comes the hard part: making it happen. Russian Energy Minister Alexander Novak pledged last Continue Reading
Russia plans to use its post-Soviet era record high November oil production as its baseline when it cuts output under this week’s deal with OPEC, Deputy Energy Minister Kirill Molodtsov Continue Reading
Russian President Vladimir Putin played a crucial role in helping OPEC rivals Iran and Saudi Arabia set aside differences to forge the cartel’s first deal with non-OPEC Russia in 15 Continue Reading
Russian oil workers Russia’s Energy Minister Alexander Novak said that all Russian oil companies are on board with the 300,000-bpd cut agreed by Moscow as part of OPEC’s efforts to Continue Reading
Russia, the world’s largest energy exporter, held November output near a post-Soviet record , which is likely to remain a high-water mark in the near term after a pledge to Continue Reading
Russia has committed to cooperate with OPEC by cutting as much as 300,000 barrels a day from its oil output but offered no clear method for enforcement, creating uncertainty about Continue Reading
