Oil rebounds on Saudi assurances Russia will extend supply cuts
Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive U.S. jobs data and assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce a persistent glut.
U.S. will not give Exxon permission to drill in Russia
The United States will not make an exception for American companies, including oil major Exxon Mobil Corp, seeking to drill in areas prohibited by U.S. sanctions on Russia, Treasury Secretary Steven Mnuchin said on Friday.
Iran challenges need to ship out excess material under nuclear deal
Iran has challenged the need for it to ship sensitive material abroad if its stock exceeds a limit set by its nuclear deal with major powers.
Exclusive: Venezuela's cash-strapped PDVSA offers Rosneft oil stake - sources
Venezuelan state oil company PDVSA has offered Russian counterpart Rosneft a stake in a joint venture in the country's Orinoco Belt extra-heavy crude area, five industry sources said, in a sign of the Latin American nation's dire economic situation and Moscow's growing muscle there.
Poland to use 'all legal means' to block Gazprom's EU antitrust deal
Poland aims to use "all legal means" to block the European Union's proposed terms for settling its antitrust investigation into Russian gas company Gazprom (GAZP.MM), the country's foreign minister said on Wednesday.
Juncker to present post-Brexit EU white paper on Wednesday
European Union chief executive Jean-Claude Juncker will present a white paper to the European Parliament on Wednesday on options for shoring up unity once Britain launches its withdrawal process, a spokesman said.
Iran describes OPEC compliance with oil cuts as 'acceptable'
OPEC's level of compliance with production cuts in January has been acceptable, Iran's oil minister said on Monday, expressing hope for further cooperation from non-OPEC members in the near future.
Exclusive: Russia asks energy companies for PR info ahead of election
The Russian government summoned energy companies last week to give it advance notice about developments that could influence public opinion in the period up to May next year, when President Vladimir Putin's term ends.
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