In view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411 thousand barrels per day in July 2025 from June 2025 required production level.

Solar is now so cheap that large markets can emerge in the space of a single year – as evidenced in Pakistan in 2024.

The prospective deal would be the first of its kind between the countries and continues the expansion of Russia's reach in global energy markets and LNG competition with the United States.

“We’re not seeking war with anyone. We say they should recognize our rights,” Pezeshkian said. “We have the right to conduct peaceful nuclear research and use it. We need this science for health, agriculture, and industry.”

Turkey has discovered 75 billion cubic meters of natural gas worth $30 billion dollars in the Black Sea, according to President Recep Tayyip Erdogan.

Уже в ближайшие годы мы планируем вернуться на уровень добычи 540 млн т нефти в год. Этот показатель будет удерживаться вплоть до 2050 г.

Стороны обсудили состояние и перспективы мирового рынка нефти и договорились произвести в июне 2025 года корректировку добычи на 411 тыс. баррелей в сутки, что соответствует трём ежемесячным повышениям.

In view of the current healthy market fundamentals, as reflected in the low oil inventories, and in accordance with the decision agreed upon on 5 December 2024 to start a gradual and flexible return of the 2.2 million barrels per day voluntary adjustments starting from 1 April 2025, the eight participating countries will implement a production adjustment of 411 thousand barrels per day in June 2025 from May 2025 required production level.

Gas plays a crucial role in the energy transition by replacing higher-carbon energy sources and as a partner to renewable energy.

The 1337 second-long plasma record came just a few weeks after China’s Experimental Advanced Superconducting Tokamak (EAST) set a previous world record by maintaining steady-state high-confinement plasma operation for 1066 seconds.

The Committee valued the additional voluntary production adjustments made by the 8 OPEC plus countries which were announced in April and November 2023 in supporting market stability.

Ключевой темой встречи стало обсуждение партнёрского взаимодействия в рамках ФСЭГ. Была отмечена необходимость координировать усилия по продвижению интересов газовых экспортёров на глобальных энергетических рынках, включая создание новых финансовых инструментов.

Furthermore, the eight countries reiterated their collective commitment to full conformity with the additional voluntary production adjustments as agreed under the 53rd JMMC meeting on April 3, 2024. T

Основной темой встречи стало сотрудничество в нефтяной, газовой, угольной, электроэнергетической и атомной отраслях. Было отмечено, что взаимодействие в энергетической сфере является стратегическим направлением сотрудничества между Россией и Турцией.

Стороны обсудили вопросы сотрудничества в торгово-экономической сфере, энергетике, промышленности, транспорте, сельском хозяйстве, здравоохранении, науке и образовании, культуре и спорте.