A delegate-level OPEC+ technical committee, co-chaired by Saudi Arabia and Russia, is scheduled to meet June 5 to discuss market conditions and review compliance.

Many politicians and energy companies in Germany support Nord Stream 2

"The presidents addressed world oil market developments in the context of implementing the OPEC+ agreement," the Kremlin said. "It was stated that this multilateral agreement, reached with the active support of the presidents of Russia and the United States, would lead to a gradual restoration of oil demand and price stabilisation."

Russian oil and gas condensate production fell to 39.7 million tonnes (9.39 million barrels per day) in May

Russian President Vladimir Putin discussed the oil market with Saudi Arabia's Crown Prince Mohammed bin Salman on Wednesday

Russian coal exports may fall by 10 to 22% in 2020

In December 2019, Russia officially started to supply gas to China through the 3,000 km-long Power of Siberia gas pipeline project.

China's crude oil imports from Russia rose 17.7% year on year to 7.2 million mt or 1.76 million b/d in April,

Putin ordered ministers to work out “special rates” that pipeline operator Transneft PJSC and Russian Railways JSC will charge for transporting crude and petroleum products

The floating nuclear power plant (FNPP) Akademik Lomonosov has been fully commissioned in Pevek,