Russian Federation

Iran, Russia ink $1 billion oil rig deal: Report
The project will be jointly financed by Russia and Iran, and put the Islamic Republic among the countries capable of .....
Lukoil quits Aramco JV project in Saudi Arabia
Luksar, as the project is known, was 80% owned by Lukoil and 20% by Saudi Aramco
Russia tops KSA as world's largest oil exporter
The country has overtaken Saudi Arabia in crude exports, and retained the top spot in exports of natural gas, according .....
World oil reserves stable despite low spending: BP
Investment in oil and gas fell in 2015 by around a quarter from a year earlier to $160bn
Iran signs deals to sell crude to European firms
Long-term deals have been signed with Saras SpA and Eni of Italy, Spain's Repsol, Hellenic Petroleum SA of Greece, France's .....
Russia investing to make Bahrain a gas hub: Report
The hub will be meant to intake LNG from various sources, including Russia
Saudi-Iran tussle wrecks deal to freeze oil output
Mohammed al-Sada, Energy Minister of host Qatar, says OPEC members need more time to agree on a free deal
Russia says door not closed for oil output freeze
Oil Minister Alexander Novak says the deal fell apart because Saudi Arabia had demanded Iran join in and that this .....
Draft Doha pact would freeze output until October
According to a copy of the draft seen by Reuters, oil producers are to not exceed daily output levels recorded .....
OPEC oil production rises to 32.47mn bpd in March
Reuters survey says higher supply from Iran and near-record exports from southern Iraq offset maintenance and outages in smaller producers


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