News // Middle East and OPEC
Gazprom Neft is holding its nose to the OPEC/non-OPEC production cut deal because it has made the company cut its production growth targets.
17 October 2017 , 16:09Neftegaz.RU2530
Algeria and Russia underlined convergent views to rebalance the oil market.
11 October 2017 , 14:09Neftegaz.RU2560
It's best to draw out of the OPEC-led effort to balance the market with production cuts during the summer when demand is high.
29 September 2017 , 13:30Neftegaz.RU3720
Nigeria may be ready to give up its status as an OPEC member exempt from the effort to balance the market with production cuts.
25 September 2017 , 10:21Neftegaz.RU2990
Russia is doing more than it needs to in order to move the level of oil on the market closer to the 5-year average.
14 September 2017 , 10:14Neftegaz.RU2940
The value of the U.S. dollar is having more of an impact on oil markets than the OPEC effort to trim production.
08 September 2017 , 18:00Neftegaz.RU3590
Iraq said it has gone deeper than its pledged oil-output cut.
04 September 2017 , 13:00Neftegaz.RU2780
Hundreds of millions of barrels of crude oil are lacking from the global energy market because of joint efforts with OPEC.
24 July 2017 , 15:31Daniel J. Graeber3040
Libya has been called on by the OPEC to share production plans at a summit next week, an oil company director said.
19 July 2017 , 10:12Neftegaz.RU3430
As members of the OPEC, Nigeria expressed commitment to support all resolutions to stabilize the international oil market.
14 July 2017 , 14:12Neftegaz.RU3660
Kazakhstan is standing by its commitment to stick to the OPEC/non-OPEC agreement for production cuts.
13 July 2017 , 16:11Neftegaz.RU2830
Russia will oppose any attempts to deepen the oil production cuts currently in effect in OPEC and 11 other oil producers.
06 July 2017 , 10:11Neftegaz.RU2960
OPEC has revised its outlook for oil production in Russia in 2017 downwards by 117,000 barrels per day.
15 June 2017 , 12:11Neftegaz.RU4500
It is something of an unholy alliance, but Russia and Saudi Arabia are becoming ever closer allies in a graphic example of realpolitik.
07 June 2017 , 16:11Neftegaz.RU3430
Kazakhstan’s energy officials are continuing to officially confirm to the public what is already widely known by now - that they have no intention to stick by pledges on oil output curbs.
05 June 2017 , 00:34Neftegaz.RU2790
One OPEC delegate at the meeting in Vienna said the group of 14 oil producers had agreed to extend cuts in production by 9 months to March 2018.
25 May 2017 , 16:17Neftegaz.RU4280
Rosneft has begun strategic planning for post-OPEC cut oil markets, according to the state-owned oil giant’s CEO Igor Sechin.
19 May 2017 , 16:15Neftegaz.RU4410
Putin and Maduro discussed the global oil markets situation in a telephone call at Venezuela’s initiative.
19 May 2017 , 14:12Neftegaz.RU4400
Saudi Arabia and Russia have agreed to extend the Opec and non-Opec oil output reduction deal for another 9 months.
15 May 2017 , 17:27Neftegaz.RU3700
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.RU3350