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Saturday 17 May 2025

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Context
News Kuwait committed to implement accord to reduce oil output, says oil minister

Kuwait is “fully committed” to implementing an agreement between oil exporting countries to cut production in order to support crude prices, Oil Minister Khaled al-Fadhel said on Monday.

  • August 14, 2019
News UPDATE 1-Saudi, U.S. energy ministers express concern over threats to maritime traffic in the Gulf

Saudi Arabia Energy Minister Khalid Al-Falih met U.S. Energy Secretary Rick Perry on Tuesday in Washington and said both sides expressed concern over threats targeting freedom of maritime traffic in the Arabian Gulf.

  • August 7, 2019
News OPEC oil output hits lowest since 2011 on Saudi cut, sanctions: Reuters survey

OPEC oil output hit an eight-year low in July as a further voluntary cut by top exporter Saudi Arabia deepened losses caused by U.S. sanctions on Iran and outages elsewhere in the group, a Reuters survey found.

  • August 7, 2019
News Blasts rock Russian arms depot, eight injured - TASS

A series of blasts rocked an arms depot at a Russian military base in Siberia on Monday, injuring eight people and prompting aluminum producer Rusal to suspend operations at the country’s biggest alumina producing plant.

  • August 5, 2019
News Iran says it will further breach nuclear deal in one month unless Europeans act

Iran told European powers on Monday it would further reduce compliance with its 2015 nuclear deal in about a month’s time if they were still failing to protect it from crippling U.S. sanctions, reimposed after Washington exited the deal.

  • August 5, 2019
News Nord Stream 2 gas pipeline says parties involved committed to finish route

The Nord Stream 2 natural gas pipeline project’s operator said on Thursday it was assessing a U.S. bill passed by a Senate panel that proposes to impose sanctions on it, but said all parties involved remained committed to finish the route.

  • August 2, 2019
News Senate panel backs Nord Stream 2 pipeline sanctions bill

WASHINGTON (Reuters) - A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companies and individuals involved in building the Nord Stream 2 gas pipeline from Russia to Germany that the Trump administration says would strengthen Moscow’s economic grip on Europe.

  • August 2, 2019
News Novak: various factors lead to Russian oil output fluctuations

Russia has a commitment to keep its monthly average oil production in line with a global agreement on oil output, but its level may fluctuate in the course of a month due to various factors, Energy Minister Alexander Novak said on Friday.

  • July 29, 2019
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