Russian Federation

UAE energy minister announces ADNOC's January crude oil allocation reductions
Suhail Mohamed AlMazrouei tweeted out the reductions on Monday, with a positive outlook for 2019
Russia key to OPEC 2019 production cut decision
Cut will be between 1mn and 1.3mn bpd, depending on Russia's contribution
Oil price climbs almost 5% after Saudi-Russia agreement, US-China truce
The price of Brent crude started recovering from a sharp drop in November, jumping 4.7% in the past week
Mubadala Petroleum to develop Russian oilfields with Gazprom Neft and Russian Direct Investment Fund
The joint venture, Mubadala's first step into the Russian oil market, will develop oilfields in Western Siberia.
Saudi Aramco signs MoU with Moscow State University for upstream oil and gas innovation
Saudi Aramco is expected to transform Moscow State University's theoretical research into practical upstream solutions
Yamal LNG begins gas exports from second LNG train
French supermajor making progress at major LNG project in Northern Russia.
Another 1mn barrels per day agreed, says Al Falih
Much anticipated meeting at OPEC HQ brings a moderate increase in daily production in a bid to cool global crude .....
Global LNG markets move from oversupply, says Woodmac in price outlook
Analysis provider for the natural resources sector sees full US LNG utilisation moving forwards.
Oil prices rise as Venezuelan woes continue and Trump seeks spike
Chronic economic meltdown in Venezuela helps fan moderate gains in oil price as OPEC weighs likely production increase.
Global oil inventories now below five-year averages
Original target of the output cuts led by Saudi Arabia and Russia has now been met amid talk of raising .....

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