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News // Поиск по тегу 'oil prices'

Energy Minister Novak: Russia has reduced oil production by 100,000 bpd

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

Milestone reached for Kashagan oil field

More than 7 million barrels of crude oil have been produced safely from the Kashagan oil field in Kazakhstan since September 2016, the operator said.

16 January 2017 , 10:37Neftegaz.RU0

IMF: Oil-rich Russia needs either-or economic policies

Russia needs to ensure its economy is braced for an oil shock in either positive or negative terms, a deputy at the International Monetary Fund said.

16 January 2017 , 00:26Daniel J. GraeberNeftegaz.RU0

EIA: US crude output poised to rise in 2017

The U.S. Energy Information Administration (EIA) said it expects higher crude oil prices this year, according to its Short-Term Energy Outlook report for January.

12 January 2017 , 10:07Neftegaz.RU0

Why Russia expects $40 oil this year

Budget deficit is a fascinating thing. It can turn around economies if it's large enough or it can highlight their resilience, if it turns out to be not as large as expected. The thing is, no government can be 100 % certain in advance what budget deficit it will have to contend with in any future fiscal year.

09 January 2017 , 01:00Irina SlavNeftegaz.RU0

Venezuelan oil minister Del Pino has been removed from his post by President Maduro

Venezuelan President Nicolas Maduro replaced Eulogio del Pino as head of the Oil Ministry in the latest attempt to get the long-suffering country back on its feet.

06 January 2017 , 10:05Neftegaz.RU0

Kuwait confirms OPEC cut compliance

An agreement to cut oil production to meet with the terms of an OPEC agreement reached in November holds through the 1st quarter, the  Kuwait Petroleum reported.

05 January 2017 , 10:10Neftegaz.RU0

Venezuela vows to slash production, create 10 years of market stability

Venezuela, the OPEC member, whose economy has all but collapsed under the cartel's pre-cutback production frenzy that decimated crude prices, says it will reduce output by 95,000 barrels per day (bpd) in the New Year.

29 December 2016 , 18:09Neftegaz.RU0

OPEC and Russia talk gives oil prices a boost

A year-end gain in crude oil prices on the first full trading day after the Christmas holiday was boosted by OPEC and signals from a top Russian oil producer.

28 December 2016 , 12:04Daniel GraeberNeftegaz.RU0

Russian producers agree to cut oil output but details elusive

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

Kirill Molodtsov: Russian firms highly potent to develop Iran oil fields

Russian Deputy Minister of Energy Molodtsov Kirill said Russian companies enjoy huge potentialities for developing Iranian oilfields.

12 December 2016 , 18:03Neftegaz.RU0

Lukoil: $60 oil price to be dominant in 2017

Lukoil expects that in 2017 oil prices will be around $60 per barrel, said Vice-President of Lukoil Leonid Fedun.

05 December 2016 , 12:53Neftegaz.RU0

Iranian President: No limit for oil production and exports

President Hassan Rouhani said that Iran has no limit for oil production and exports in the coming months.

05 December 2016 , 10:03Neftegaz.RU0

Opinion: All eyes on Russia in wake of Opec deal

Oil traders’ attention will turn to Russia following Opec’s landmark decision on crude output, said a prominent petro-economist.

01 December 2016 , 12:33Neftegaz.RU0

BP´s Bob Dudley expects oil to «easily» reach $55 in 2017

Bob Dudley, CEO of BP, told Bloomberg that he expects oil to «easily» reach $55 next year because the market «is generally in balance» – remarks that closely follow sentiments he expressed at the World Energy Conference in Istanbul last month.

09 November 2016 , 10:06Neftegaz.RU0

Russian and Venezuelan energy ministers discussed oil output freeze deal

Venezuelan Embassy in Russia said that Venezuela's Oil and Mining Affairs Minister Eulogio del Pino arrived in Moscow for a visit.

25 October 2016 , 16:04Neftegaz.RU0

Moody's raised its outlook on the bank system for oil-rich Russia

Though problem loans will continue to drag on performance, Moody's said it raised its outlook on the bank system for oil-rich Russia from negative to stable.

24 October 2016 , 17:27Daniel J. GraeberNeftegaz.RU0

Russian Energy Minister discussed with OPEC SecGen the situation on the oil market

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

Saudi´s Al-Falih and Russia´s Novak discussed energy cooperation

Russia and Saudi Arabia have signed a joint memorandum of cooperation in the oil and gas sectors.

24 October 2016 , 10:21Neftegaz.RU0

Rosneft CEO Igor Sechin says Russia has potential to raise oil output

Russia could significantly increase oil production in the next 10 years up to an estimated 200 million metric tonnes of additional annual output.

20 October 2016 , 14:39Neftegaz.RU0

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