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News // Поиск по тегу 'cut'

Russia says it's doing more than it needs to for oil market balance

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.RU0

Kazakhstan not backing out of OPEC production cut deal

Kazakhstan is standing by its commitment to stick to the OPEC/non-OPEC agreement for production cuts.

13 July 2017 , 16:11Tsvetana ParaskovaNeftegaz.RU0

Oil slides as Russia speaks out against deeper output cuts

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.RU0

OPEC downgrades outlook for Russia’s 2017 oil output

OPEC has revised its outlook for oil production in Russia in 2017 downwards by 117,000 barrels per day.

15 June 2017 , 12:11Neftegaz.RU0

Russneft reduced production by 4% under Vienna agreement

RussNeft production has fallen by 4% under the agreement on oil production cut.

07 June 2017 , 10:11Neftegaz.RU0

OPEC decided to extend cuts in oil output by 9 months to March 2018

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.RU0

Saudi Arabia and Russia agree to extend deal to cut oil output

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.RU0

Novak: Extension of oil output reduction pact likely for 6 months or more

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

Russia hits 100% compliance with OPEC cut

Russia has effectively reached its 300,000-bpd production cut target under its agreement with OPEC.

02 May 2017 , 12:11Neftegaz.RU0

Russia hits 250,000 bpd oil production cut milestone

Russia has cut 250,000 bpd of its crude oil output, with another 50,000 bpd to go as per its agreement with OPEC.

24 April 2017 , 13:00Neftegaz.RU0

Russia to reach record high oil output in 2017 amid cuts

Russia's oil production will reach a record high of 549 million tons in 2017 despite a planned output reduction.

13 April 2017 , 12:12Neftegaz.RU0

Oil prices set for strong week after Russia comments, US strike

Oil prices closed higher on April 7 for the 2nd week in a row — and the coming 7 days could be another good period of growth.

10 April 2017 , 13:00Neftegaz.RU0

IEA: Oil production rising, demand slowing in 2017

The growing consensus that the OPEC oil cutback initiative isn't working has been met by OPEC members insisting that their efforts combined with rising demand will result in a market rebalance.

17 March 2017 , 14:35Neftegaz.RU0

OPEC’s Barkindo: Russia doing a good job on production cuts

OPEC Secretary General Mohammad Barkindo has praised Russia’s commitment to the oil production cuts.

10 March 2017 , 12:14Neftegaz.RU0

Saudi/Russian vow to fortify oil cutbacks undercut by Iraq promising production hike to 5 mln bpd

Saudi Arabia and Russia presented a united front on compliance - only to have the rug pulled out from under them by Iraq boasting that it will be able to produce 5 mln barrels per day (bpd) by the 2nd half of this year.

09 March 2017 , 18:00Neftegaz.RU0

Alexander Novak points to challenges in oil market

Despite OPEC and non-OPEC countries lowering their individual oil production levels to push crude prices higher, there are still challenges remaining in the global oil market.

07 March 2017 , 12:12Neftegaz.RU0

Russneft 2017 sees oil output growth of at least 2.5% if OPEC cut deal not extended

Russneft expects to at least match last year's 7 million mt (140,171 b/d) crude output.

21 February 2017 , 14:14Neftegaz.RU0

Saudis lose South Korea oil market share to Iran as Iraq accelerates its own export plans

How much patience Saudi Arabia will have for other OPEC members not pulling their weight under the cartel's oil cutback agreement has taken on with news that the kingdom is losing a share of South Korea's oil market to Iran.

20 February 2017 , 15:23Neftegaz.RU0

Minister Novak: Russia will consider extending participation in OPEC cutback agreement

Alexander Novak, energy minister, told that Russia considers it possible to extend its participation and will decide on the issue several months short of the agreement's expiry date.

17 February 2017 , 16:10Neftegaz.RU0

Belarus buys Iran crude oil to replace Russian barrels?

Bel Oil concluded a contract with the NIOC on the purchase of 80,000 tons of crude oil for the country’s oil refineries.

17 February 2017 , 12:02Neftegaz.RU0

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