Russia's Foreign Minister Sergey Lavrov announced on Wednesday that his country plans to develop cooperation with Saudi Arabia within the OPEC+ alliance, as the process has yield results so far.
Commenting on oil prices, Lavrov noted that the current market "more-or-less" reflects the balance...
The United States intends to push Saudi Arabia to put a brake on its planned oil output boost during the forthcoming G20 videoconference, according to people with knowledge of the matter cited by the Wall Street Journal.
G20 virtual meeting is set to take place on Thursday and world leaders are...
Russian President Vladimir Putin has no meetings scheduled with King or Crown Prince of Saudi Arabia to discuss issues surrounding oil production cuts, Kremlin spokesman Dmitry Peskov said on Friday.
Saudi Arabia previously proposed that OPEC allies, led by Russia, reduce oil output by additional...
Russian Energy Minister Alexander Novak (pictured) stated on Thursday that Moscow and Riyadh are speaking about the potential impact of the coronavirus on global oil demand. Speaking to Russian media, he emphasized that his country is "ready to react" to lower demand.
In addition, Novak...
There are no discussions within the so-called OPEC+ group about the possibility to boost output, Russia's Minister of Energy Alexander Novak said on Tuesday. The domestic media quoted him as saying that the representatives of the Organization of the Petroleum Exporting Countries and Russia and...
Compliance with the production cuts set by the Organization of the Petroleum Exporting Countries and Russia's bloc was at 136% in August, the cartel's secretary general told TASS in an interview published on Monday and added a deeper reduction would be premature. Mohammed Barkindo also noted...
Vagit Alekperov, president of Lukoil Oil Co. Pjsc, said on Tuesday that it is discussing joint ventures with Saudi Arabian Oil Co. on the international stage. The kingdom's energy monopoly, better known as Saudi Aramco, its the biggest partner in oil trading and swaps, TASS quoted him as saying in...
Director of the Foreign Intelligence Service Sergei Naryshkin (pictured left) met with Crown Prince of Saudi Arabia Mohammad Bin Salman on Monday, according to a report released by Interfax on Wednesday.
Naryshkin also held talks with his Saudi counterpart on the topic of cooperation between...
Russian President Vladimir Putin will meet Saudi Crown Prince Mohammad bin Salman at the G20 later this week to discuss the murder of Washington Post journalist Jamal Khashoggi, presidential aide Yuri Ushakov announced on Wednesday. Putin already talked about the Khashoggi case with Saudi...
The murder of the journalist Jamal Khashoggi in the Saudi Consulate in Istanbul was discussed on the phone between Saudi Arabia's king Salman bin Abdulaziz Al Saud and Russian President Vladimir Putin, Kremlin press-service said on Thursday. During the call, the royal also invited Putin to visit...
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