Mutual accumulated investments between Russia and Caspian countries are estimated at almost $30 bln, Russian Economic Development Minister Maksim Reshetnikov said in an interview with Rossiyskaya Gazeta.
In September, Aramco’s CEO warned the markets that policymakers need to look beyond this winter and stop vilifying the oil and gas industry if they want to prevent the next energy crisis.
There are asymmetrical upside drivers for oil prices by the end of the year.
In a rare softening of hostile relations, Venezuela has freed seven imprisoned Americans in exchange for the United States releasing two nephews of President Nicolás Maduro’s wife who had been jailed for years on drug smuggling conspiracy convictions, the White House said Saturday.
The United States announced fresh sanctions Thursday aimed at disrupting the sale of Iranian petroleum and petrochemical products.
The United States announced fresh sanctions Thursday on an international network of companies it says are involved in the sale of Iranian petroleum and petrochemical products.
Oil and gas executives polled by the Dallas Fed in a survey released Wednesday fear recession and supply shortages.
Oil prices surged on Wednesday.
Oil production in 2024-2025 is expected at an average of around 500 mln tonnes each year.
Russia’s security forces arrested on Wednesday more than 1,300 people who gathered in various cities to protest against the partial mobilization ordered by Vladimir Putin.