Russia set for long-term partnership with OPEC, says Gazprom Neft
Gazprom Neft, Russia’s third largest oil producer, believes Moscow’s cooperation with OPEC on output will continue into the long term, Deputy Chief Executive Vadim Yakovlev told reporters on Friday.
Russia set for long-term partnership with OPEC, says Gazprom Neft
Gazprom Neft, Russia’s third largest oil producer, believes Moscow’s cooperation with OPEC on output will continue into the long term, Deputy Chief Executive Vadim Yakovlev told reporters on Friday.
Russian parliament backs Putin's pick for PM after 'January Revolution'
The Russian parliament overwhelmingly backed President Vladimir Putin’s surprise choice for prime minister on Thursday after what one daily called a “January revolution”, a major political overhaul that some say could set Putin up as leader for life.
Putin speeds up Russian political shake-up, details new power center
President Vladimir Putin accelerated a shake-up of Russia’s political system on Monday, submitting a constitutional reform blueprint to parliament that will create a new center of power outside the presidency.
Russia says urging Gulf nations to consider a joint security mechanism
Russia’s Foreign Minister Sergey Lavrov said on Wednesday Moscow has been urging Gulf countries to consider a common security mechanism for the region and it was time the world got rid of unilateral measures such as sanctions.
OPEC expects lower demand for its oil as U.S. hits new milestone
OPEC expects lower demand for its crude oil in 2020 even as global demand rises, it said on Wednesday, as rival producers grab market share and the United States looks set for another output record.
Belarus halts own oil exports to Germany, Russian oil transit unaffected: sources
Belarus’ state oil company Belorusneft has suspended supplies of its own oil to Germany this month as Minsk needs to compensate for shortages of Russia-sourced oil amid a contract dispute with Moscow, four industry sources told Reuters on Friday.
Belarus introduces tax on oil transit and transportation
Belarus introduced a tax on Friday on oil transportation and transit across its territory, setting it at 50% of profits, a statement from the president’s office said.
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