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Friday 29 August 2025

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Context on Energy
News No sign of oil freeze at home as Russia meets OPEC

As Russian energy minister Alexander Novak flies to Algeria this week for talks with OPEC on output cuts, developments at home indicate non-OPEC Russia is not preparing for any coordinated production action.

  • September 26, 2016
News Exclusive: Russian oil majors raise output of hard-to-recover crude

Russian oil majors Rosneft and Gazprom Neft are raising the share of production from hard-to-recover reserves, to counter declining conventional output, showing the complexities facing producer nations seeking to tackle a global oversupply of crude.

  • September 26, 2016
News U.N. urges U.S., China, others to ratify nuclear test ban treaty

The United Nations Security Council urged China, the United States, North Korea, Egypt, India, Iran, Israel and Pakistan to ratify a treaty banning nuclear explosions, which would allow the deal negotiated 20 years ago to come into force.

  • September 24, 2016
News India says holds 'substantive' nuclear talks with China

India said it had held "substantive" talks with China on Tuesday on its bid to become a fully fledged member of the Nuclear Suppliers Group (NSG), a club of nations that trades in civil nuclear technology.

  • September 13, 2016
News Libyan commander's seizure of oil ports risks new conflict

Libyan forces loyal to eastern commander Khalifa Haftar said on Monday they had tightened their control over four major oil ports, casting a Western-backed project to unite Libya and revive oil exports into deep uncertainty.

  • September 12, 2016
News Saudi Arabia, Russia sign oil pact, may limit output in future

Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but could limit output in the future, sending prices higher on hopes the two top oil producers would work together to tackle a global glut.

  • September 6, 2016
News Global stocks push higher as oil takes wild ride

Cooling U.S. rate hike expectations helped world shares notch up solid gains on Monday, though they came off highs as investors concluded an oil market pact between Saudi Arabia and Russia lacked substance.

  • September 5, 2016
News Oil falls on strong dollar, crude glut; storms limit losses

Oil prices fell Tuesday, with Brent losing nearly 2 percent, as the dollar rallied and glut worries grew amid forecasts for higher U.S. crude stockpiles and Iran's remark that it was on target to reach peak production.

  • August 30, 2016
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