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News // Поиск по тегу 'opec'

Russia sees oil markets balanced in late 2017

Only when crude oil markets balance out in the second half of next year can major players starting talking about market recovery, Russia's oil minister said.

22 December 2016 , 17:38Neftegaz.RU0

Lukoil: No directive to cut oil production in Iraq

There's been no directive from the government in Baghdad to curb oil production for next year, the head of a Russian oil company said.

20 December 2016 , 14:15Daniel J. 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

Russian oil producers loosely in line with OPEC

Russian oil companies have warmed to an OPEC decision on production levels, but only in very loose terms, the Russian energy minister said.

09 December 2016 , 12:11Neftegaz.RU0

Analyst says Russia cutting 300,000 barrels is a joke

Although the tone of some Organization for the Petroleum Exporting Countries earlier this year was that the global market was already rebalancing, two of the cartel's leading ministers now say in order for the rebalancing to work, non-members must contribute to the OPEC cutback scheme that was ratified last week.

08 December 2016 , 18:03Neftegaz.RU0

Venezuela says Russia played key role with OPEC

Russia was pivotal in the decision last week by members of OPEC to agree to a production ceiling starting in January, Venezuela's oil minister said.

08 December 2016 , 12:08Neftegaz.RU0

Russia’s Central Bank sticks to oil price forecasts

Еhe central bank of Russia has no plans to revise its current oil price estimates for the next 12 months despite the OPEC deal that saw international oil benchmarks pass the US$50 barrier and stay above it for a week now.

07 December 2016 , 10:07Irina SlavNeftegaz.RU0

Barkindo: OPECs’ decision to cut production not contingent upon talks with non-OPEC members

OPEC Secretary General Mohammad Barkindo said that OPECs’ decision to cut production and comply with the committed output levels is not contingent upon the outcome of the meeting with non-OPEC countries scheduled to take place on December 10, 2016.

06 December 2016 , 17:25Neftegaz.RU0

Azerbaijan’s Energy Minister plans Vienna visit for OPEC meeting

Azerbaijan’s Energy Minister Natig Aliyev will participate in OPEC’s meeting with non-OPEC countries that will be held on December 10 in Vienna.

06 December 2016 , 12:09Neftegaz.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

Oil-rich Russia sees economic growth ahead

The economy of oil-rich Russia could catch up with the rest of the world in about 10 years if the conditions are right, the country's finance minister said.

01 December 2016 , 18:09Daniel J. GraeberNeftegaz.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

OPEC has reportedly agreed a production cut — and oil is going wild

The price of oil is surging after reports that the oil producers cartel OPEC has agreed a deal to cut output.

30 November 2016 , 18:04Neftegaz.RU0

OPEC focusing Pre-Vienna diplomacy on Iran, Russia - which is holding firm on a production freeze, not cut

With only a few days to go before OPEC Vienna meeting to ratify its oil cutback deal, and amid disturbing developments such as Saudi Arabia saying it will not attend a pre-meeting of non-OPEC members.

28 November 2016 , 11:03Neftegaz.RU0

Maduro: Venezuela has the OPEC deal in the bag

After earlier this week OPEC tabled the issue of Iran’s and Iraq’s participation in the OPEC deal until November 30, the markets might have thought there would be little jawboning left to do until that day. But not so fast.

25 November 2016 , 17:37Julianne GeigeNeftegaz.RU0

Iran optimistic on OPEC production cuts after Barkindo visit

Iranian Oil Minister Bijan Zanganeh said he’s optimistic that OPEC members will agree to proposed production cuts at a meeting in Vienna later this month.

22 November 2016 , 14:09Neftegaz.RU0

Putin sees few problems with freezing oil production

There are no serious issues standing in the way of an OPEC production proposal and Russia is ready to do its part by freezing output, president Putin said.

22 November 2016 , 10:11Daniel J. GraeberNeftegaz.RU0

Let's consider freezing oil production, Russia says

Major oil-producing nations could implement a freeze in output levels as a tool to bring the market back into balance, Russia's energy minister said.

21 November 2016 , 13:00Daniel J. GraeberNeftegaz.RU0

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