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2018-03-30 11:25:00

OPEC - RUSSIA ALLIANCE

OPEC - RUSSIA ALLIANCE

REUTERSSaudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years.

Saudi Crown Prince Mohammed bin Salman told Reuters that Riyadh and Moscow were considering a deal to greatly extend a short-term alliance on oil curbs that began in January 2017 after a crash in crude prices.

"We are working to shift from a year-to-year agreement to a 10 to 20 year…

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Tags: OPEC, SAUDI, RUSSIA, OIL, PRICE, PRODUCTION

Chronicle:

OPEC - RUSSIA ALLIANCE
2019, April, 22, 08:20:00

AZERBAIJAN OIL PLATFORM $6 BLN

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.

OPEC - RUSSIA ALLIANCE
2019, April, 22, 08:15:00

CONOCO SELLS BRITAIN $2.67 BLN

ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.

OPEC - RUSSIA ALLIANCE
2019, April, 22, 08:10:00

BRITAIN'S RENEWABLE 33%

Renewable energy sources generated approximately 33 per cent of Great Britain’s electricity over the first quarter of 2019, according to new figures published by energy consultancy EnAppSys, with wind energy accounting for over 60% of renewable generation.

OPEC - RUSSIA ALLIANCE
2019, April, 22, 08:05:00

TURKEY, GERMANY RENEWABLE

To further explore opportunities for bilateral energy expansion, Turkish Energy and Natural Resources Minister Fatih Dönmez and German Federal Minister for Economic Affairs and Energy Peter Altmaier met in Ankara for the second Turkish-German Energy Forum in October last year to sign a letter of intent to enhance the Turkish-German energy partnership.

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