EghtesadOnline: Russia is complying fully with its pledge to cut oil production gradually, Energy Minister Alexander Novak said on Monday.
EghtesadOnline: OPEC coalition decisions on further global oil market cooperation will be taken next week amid uncertainty over many factors impacting the industry, including Iranian crude export volumes, but Russian oil producers are ready to adjust their production accordingly, energy minister Alexander Novak said.
EghtesadOnline: Iran's Oil Minister Bijan Namdar Zanganeh met his Russian counterpart, Alexander Novak, in Moscow on Monday.
EghtesadOnline: A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia’s energy minister said on Saturday.
EghtesadOnline: Russian Energy Minister Alexander Novak said the country is considering an option of making oil payments in national currencies, particularly with Turkey and Iran.
EghtesadOnline: Russian Energy Minister Alexander Novak says deliveries of Iranian crude to his country under the "oil-for-goods" program can start shortly.
EghtesadOnline: Russian Energy Minister Alexander Novak says Iran can start within next month the deliveries of crude oil to Russia under the "oil-for-goods" program.
EghtesadOnline: Chairman of of Iran-Russia Joint Economic Commission Mahmoud Vaezi and Minister of Energy of the Russian Federation Alexander Novak agreed to continue consultations for development of mutual economic cooperation.
EghtesadOnline: Russia says it has signed a revised contract with Iran over a much-debated and long-delayed scheme to barter crude oil with goods and commodities.
EghtesadOnline: Russian Energy Minister Alexander Novak said there is already a concrete agreement between Russia and Iran for purchase of 12 planes.