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News
Fearful of Russia, Europe's defense cuts slow: NATO data

NATO defense cuts slowed sharply in 2015, alliance data showed on Thursday, also revealing a split between big-spending eastern European nations fearful of Russia and others such as Italy that are still reducing their budgets.

  • Date: 28.01.2016  |  Published on EGF: 28.01.2016  |  External Relations  |  from http://www.reuters.com
Russia says Saudis proposing global oil production cut

Russia said on Thursday that OPEC's largest producer Saudi Arabia, had proposed oil production cuts of up to 5 percent in what would be the first global deal in over a decade to help clear a glut of crude and prop up sinking prices.

  • Date: 28.01.2016  |  Published on EGF: 28.01.2016  |  Energy  |  from http://www.reuters.com
Iran's Rouhani in France to revive business ties after nuclear deal

Iranian President Hassan Rouhani told French business leaders on Wednesday that Iran was open for investment as he started a visit in France to revive business ties despite diplomatic differences.

  • Date: 28.01.2016  |  Published on EGF: 27.01.2016  |  External Relations  |  from http://www.reuters.com
Russians want to talk to OPEC about output, pipeline chief says

Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster oil prices, the head of Russia's pipeline monopoly said on Wednesday, remarks that helped spur a sharp rise in world prices.

  • Date: 28.01.2016  |  Published on EGF: 27.01.2016  |  Energy  |  from http://www.reuters.com
Oil jumps after Russia dangles prospect of OPEC cooperation

Oil futures surged on Wednesday after Russia indicated there was a possibility of co-operation with OPEC, fanning hopes for a deal to reduce a global oversupply that sent prices to the lowest levels in over a dozen years last week.

  • Date: 28.01.2016  |  Published on EGF: 27.01.2016  |  Energy  |  from http://www.reuters.com
Iraq says Saudi, Russia change tone on possible oil deal

OPEC kingpin Saudi Arabia and top non-OPEC producer Russia are showing signs of flexibility about agreeing to tackle an oil glut that has pushed prices to 12-year lows, the oil minister of Iraq said on Tuesday.

  • Date: 26.01.2016  |  Published on EGF: 26.01.2016  |  Energy  |  from http://www.reuters.com
U.N. invites warring parties to Syria talks this week

The United Nations invited Syria's government and opposition to peace talks in Geneva on Friday, but Saudi-backed opponents of President Bashar al-Assad have yet to decide whether to drop their objections to taking part.

  • Date: 26.01.2016  |  Published on EGF: 26.01.2016  |  External Relations  |  from http://www.reuters.com
Putin's top security adviser says U.S. is after Russia's minerals

The head of Russia's Security Council said in a newspaper interview published on Tuesday that the United States wanted a weakened Russia so as to gain access to its vast mineral resources.

  • Date: 26.01.2016  |  Published on EGF: 26.01.2016  |  External Relations  |  from http://www.reuters.com
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