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March, Sunday



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News // Поиск по тегу 'opec'

India's crude imports from Russia on the rise

Due to massive oil production cuts being enforced by OPEC nations, major oil importing countries, especially India, are diversifying their supplier regions.

12 May 2017 , 12:09Neftegaz.RU0

Russian producers fall behind as big oil booms

While Big Oil beat analyst expectations with its 1st-quarter performance, Rosneft, missed expectations, reporting $200 mln in net profits for the period.

12 May 2017 , 10:10Irina SlavNeftegaz.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

Will oil prices rise or fall? Look toward Russia for the answer

There is only one thing standing in the way of higher oil prices, and it is not U.S. shale companies. The only obstacle standing in the way of higher oil prices today is Russia.

01 May 2017 , 00:01Thomas H. KeeNeftegaz.RU0

Qatar-Russia trade volume surges to record 93%

Minister of Energy and Industry Mohammed bin Saleh Al Sada said both Qatar and Russia are working on enhancing the bilateral cooperation to a higher level.

26 April 2017 , 16:10Neftegaz.RU0

Russia regains status as China's № 1 crude supplier

China imported daily average of 4.69 million tons, or 34.38 million bpd, of crude oil from Russia last month.

26 April 2017 , 12:15Irina SlavNeftegaz.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

Oil prices to revolve around $60–70 in next 3 years

McKinsey Energy Insights claims that oil prices will revolve around $60–70/bbl over the next 3 years.

20 April 2017 , 12:13Neftegaz.RU0

OPEC tells Russia of next production meeting

OPEC's secretary general confirmed to Russian media that members of a committee reviewing an oil production deal are preparing for meetings in May.

19 April 2017 , 16:24Neftegaz.RU0

U.S. shale production to see 124,000 BPD increase in May

U.S. shale production is slated to increase by 124,000 barrels per day in May.

18 April 2017 , 14:16Neftegaz.RU0

U.S. Gulf of Mexico oil production breaking records. Set to rise further

Oil production from the U.S. Gulf of Mexico broke an annual record in 2016, and it set to continue to rise.

13 April 2017 , 14:16Neftegaz.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

Arab oil producers boast over half of the world’s reserves

The 11 Arab countries that comprise the OPEC  have combined proved reserves of 710 bln barrels of crude – 55.6 % of the world’s total.

11 April 2017 , 12:17Neftegaz.RU0

Russia sees slow economic growth irrespective of oil prices

Even if crude oil prices move above $60 per barrel, the Russian economy likely won't expand much more than 1 %, the head of the central bank said.

05 April 2017 , 16:11Daniel J. GraeberNeftegaz.RU0

Iranian crude oil exports close to record 3 million bpd

Total exports of crude oil and condensate averaged 2.8 million bpd in the months up to the new Iranian year (started on March 21).

04 April 2017 , 12:11Neftegaz.RU0

Russia reaches 2/3 of oil output cut target

Russia has cut crude oil production by 200,000 barrels daily, Energy Minister Alexander Novak said.

31 March 2017 , 14:16Irina SlavNeftegaz.RU0

Iran and Russia to boost trade exchanges to $10 billion

Tehran and Moscow intend to increase the volume of their annual trade exchanges to 10 bln dollars, President Rouhani says.

30 March 2017 , 10:09Neftegaz.RU0

Russia's Lukoil to invest more offshore this year

Lukoil aims to invest at least 4 times as much on offshore oil and gas exploration than it did last year.

28 March 2017 , 12:10Daniel J. GraeberNeftegaz.RU0

Non-OPEC cutback participant Russia sees oil at $40/bbl heading into 2018

Russia said that it sees Urals at an average of $50 per barrel this year, but falling to $40 at the end of 2017 and staying near that level until 2019.

27 March 2017 , 17:39Neftegaz.RU0

Saudi retains top oil supplier to China despite yr/yr drop

Saudi Arabia maintained its spot as China's top oil supplier in February.

23 March 2017 , 14:10Neftegaz.RU0

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