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An agreement on oil output cuts reached by major oil-producing countries is likely to be extended for another 6 months or even longer, Novak said.
15 May 2017 , 13:00Neftegaz.RU0
Gazprom announced for the 1st time that it may be interested in using the Trans-Adriatic Pipeline as a method of delivering Russian gas to Italy.
25 January 2017 , 10:07Neftegaz.RU0
Russia lowered its oil output in the wake of a landmark deal struck in November by the OPEC to spur prices through reduced production.
23 January 2017 , 10:37Neftegaz.RU0
Russia’s energy minister said he had reached a framework agreement with oil companies on how to implement an output cut, but the producers said there were still details to be worked out.
16 December 2016 , 10:07Neftegaz.RU0
Russian oil companies have warmed to an OPEC decision on production levels, but only in very loose terms, the Russian energy minister said.
09 December 2016 , 12:11Neftegaz.RU0
Russia was pivotal in the decision last week by members of OPEC to agree to a production ceiling starting in January, Venezuela's oil minister said.
08 December 2016 , 12:08Neftegaz.RU0
When OMV’s international gas chief Reinhard Mitschek addressed the NS2 conference in Vienna he was quite blunt in his support for the project.
07 December 2016 , 18:04Neftegaz.RU0
Azerbaijan’s Energy Minister Natig Aliyev will participate in OPEC’s meeting with non-OPEC countries that will be held on December 10 in Vienna.
06 December 2016 , 12:09Neftegaz.RU0
With only a few days to go before OPEC Vienna meeting to ratify its oil cutback deal, and amid disturbing developments such as Saudi Arabia saying it will not attend a pre-meeting of non-OPEC members.
28 November 2016 , 11:03Neftegaz.RU0
By most counts, the long-standing rivalry between Saudi Arabia and Iran flared up again at the worst possible time, reportedly during the recent meeting among OPEC that was intended to pave the way for ratification of an oil output reduction deal later this month.
08 November 2016 , 18:00Neftegaz.RU0
Russia is a crucial partner in addressing energy challenges and both sides are committed to stable oil markets, said OPEC Secretary General Mohammed Barkindo.
24 October 2016 , 15:31Neftegaz.RU0
Less than 24 hours before the freeze talks in Algeria get underway, Saudi Arabia and Iran have quashed any hopes for a deal to be made.
29 September 2016 , 12:00Neftegaz.RU0
Gazprom may take part in the construction of facilities for liquefying natural gas in Iran as part of the South Pars project, RBC reports
16 March 2009 , 13:490
Russian Deputy PM announced Sunday Russia will cut oil exports and increase domestic oil consumption in a bid to stabilize world oil prices amid the ongoing financial crisis
16 March 2009 , 08:170
Iran's oil minister suggested that OPEC would accept Russia as a member, Reuters reported
12 March 2009 , 09:170