News // Middle East and OPEC
The UAE became the latest party to an OPEC-led effort to stabilize the oil market with pledges of an increase in production.
04 July 2018 , 12:06Neftegaz.RU4600
Russia’s budget has received more than $63.5 billion in additional revenues thanks to the production cut deal between OPEC and non-OPEC nations.
03 July 2018 , 16:08Neftegaz.RU4430
OPEC and non-OPEC oil producers agreed on June 23 to share increased oil production in a move that is seen as stabilizing global energy prices.
25 June 2018 , 00:04Neftegaz.RU4850
Russia’s plans for exports and refinery runs in the coming months point to Moscow preparing to increase its oil production, as early as in July.
22 June 2018 , 16:04Neftegaz.RU4380
Hossein Kazempour Ardebili, said Iran along with Venezuela and Iraq is going to veto Saudi Arabia’s proposal to increase oil production.
19 June 2018 , 18:00Neftegaz.RU5350
Russia pumped 11.09 million barrels of oil daily in the 1st week of June.
13 June 2018 , 16:08Neftegaz.RU4980
Kazakhstan is consulting other producers on the potential easing of a 2016 oil output reduction agreement.
05 June 2018 , 10:10Neftegaz.RU3580
Key oil ministers and company executives will gather in Russia later this week for the St. Petersburg International Economic Forum.
22 May 2018 , 18:00Neftegaz.RU4740
Russia’s oil production held onto an 11-month high in April.
03 May 2018 , 18:00Neftegaz.RU5950
Iraq brought in nearly $6.5 million last month by exporting an average of nearly 3.5 million barrels of oil per day,.
25 April 2018 , 15:23Neftegaz.RU4780
Azerbaijan is not considering joining OPEC but remains committed to the OPEC coalition output cut deal.
24 April 2018 , 10:23Neftegaz.RU5040
Rosneft has opened an office of the International center for research and development in Qatar.
29 March 2018 , 18:00Neftegaz.RU6640
Saudi Crown Prince Mohammed bin Salman told that OPEC is looking for a long-term agreement of 10 to 20 years.
28 March 2018 , 10:10Neftegaz.RU8070
Russia will continue to comply with the OPEC oil production cut deal.
20 March 2018 , 18:00Neftegaz.RU4620
OPEC is drafting an agreement that would institutionalize the producer group´s oil market cooperation with Russia.
16 February 2018 , 12:06Neftegaz.RU4170
Since the start of the OPEC-Russia cut deal, Russia’s oil companies and government have received the equivalent of around $41.5 billion more in proceeds.
14 February 2018 , 14:07Neftegaz.RU4750
Total oil production from Libya in January was close to 1 million barrels per day.
09 February 2018 , 14:06Neftegaz.RU3940
U.S. domestic crude oil production this year is likely to exceed 10 million b/d.
23 January 2018 , 16:06Neftegaz.RU4260
Venezuela has assumed the rotating presidency of the OPEC.
22 January 2018 , 13:00Neftegaz.RU4310
OPEC and non-members met in Oman.
22 January 2018 , 10:26Neftegaz.RU6230