Russia
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Oil prices rise after Russia bans diesel, gas exports
Oil was up more than 1% on Friday following a Russian export ban on diesel and gas.
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Russia's Gazprom Neft CEO: OPEC+ to act if global market faces oil crunch
The OPEC+ group of leading oil producers will act if the global oil market faces a shortage, Alexander Dyukov, head of Russian oil firm Gazprom Neft, said on Wednesday.
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Oil edges up on tighter supplies, heating oil prices
Oil prices edged higher on Monday as tighter supply reflected in fewer exports from Saudi Arabia and Russia and high heating oil prices outweighed concerns about global demand growth amid high interest rates.
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Novak: Global oil demand to grow by 2.4m bpd this year
The global oil demand has recovered after the coronavirus pandemic and will grow this year by 2.4 million barrels per day (bpd), Russian Deputy Prime Minister Alexander Novak said in an interview with the Rossiya-24 TV channel.
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Oil rises 2% as Saudi Arabia and Russia keep supplies tight
Oil prices gained about 2% on Thursday as Saudi Arabia and Russia were taking steps to keep supplies tight into September and possibly beyond.
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Oil prices fall on profit-taking, still record weekly gain
Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked profits from a strong rally, with crude benchmarks recording their third-straight weekly gain.
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Russia, Persian Gulf top diplomats say OPEC+ efforts stabilize global oil market
Top diplomats from Russia and the Persian Gulf Arab states praised "the successful" efforts of the countries of the OPEC+ group, saying they contributed to stability of the global oil market, a joint statement said on Monday.
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Brent crude steady as economic fears offset supply cuts
Brent crude oil prices were little changed on Wednesday as concern over the global economy countered supply cuts announced this week by top crude exporters Saudi Arabia and Russia.
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Oil climbs on concerns Russia political issues may impact supply
Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world's largest producers.
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Ambassador: Favorable opportunity created for Iran-Russia petrochemical cooperation
SHANA (Tehran) – Iran’s ambassador in Russia on Sunday said a favorable opportunity has been created for Tehran-Moscow cooperation in the petrochemical sector.
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Iran, Russia sign statement of cooperation
SHANA (Tehran) – Iran and Russia inked a statement of cooperation here on Wednesday in the presence of Iran’s First Vice President Mohammad Mokhber and Russian Deputy Prime Minister Alexander Novak.
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Iran, Russia to complete International North-South Transport Corridor
SHANA (Tehran) – Iran and Russia signed an agreement to build Rasht-Astara railway in order to complete the International North-South Transport Corridor (INSTC), Russian Deputy Prime Minister Alexander Novak said on Wednesday.
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Iran, Russia sign statement of cooperation
SHANA (Tehran) – Iran and Russia sign a statement of cooperation in the presence of Iran’s First Vice President Mohammad Mokhber, Iran Oil Minister Javad Owji, and Russian Deputy Prime Minister Alexander Novak on Wednesday, May 17, 2023.
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Iran, Russia sign 10 cooperation agreements, MoUs
SHANA (Tehran) – Iran and Russia sign 10 cooperation agreements and memorandums of understanding (MoUs) at a meeting of the Permanent Russian-Iranian Commission on Trade and Economic Cooperation in the presence of Iran Oil Minister Javad Owji and Russian Deputy Prime Minister Alexander Novak in Tehran on May 17, 2023.
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Iran, Russia hold joint economic commission
SHANA (Tehran) – The meeting of the Permanent Russian-Iranian Commission on Trade and Economic Cooperation is held in the presence of Iran Oil Minister Javad Owji and Russian Deputy Prime Minister Alexander Novak in Tehran on May 17, 2023.
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28 Russian firms attend Iran Oil Show 2023
SHANA (Tehran) – Twenty-eight Russian companies have taken part in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, and will hold talks with Iranian exporters and economic experts on the development of trade and industrial ties.
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In the presence of Owji, Novak:
Iran, Russia delegations discuss cooperation in energy sector
SHANA (Tehran) – Tehran and Moscow discussed their cooperation in the energy sector in the presence of Iran’s Oil Minister Javad Owji and Russia’s Deputy Prime Minister Alexander Novak here on Tuesday.
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Iran-Russia B2B meeting on cooperation in oil, gas sectors
TEHRAN (Shana) – The first business-to-business (B2B) meeting on cooperation in oil and gas sectors is held between Iranian and Russian companies at the Research Institute of Petroleum Industry (RIPI) in Tehran, the capital of Iran, on May 16, 2023.
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Deputy PM: Russia sticking to its oil output cuts
Deputy Prime Minister Alexander Novak said Russia was abiding by its voluntary pledge to cut oil output by 500,000 barrels per day (bpd) from February until the end of the year.
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Ambassador: Russians keen to use Iran petrochemical technology, products
SHANA (Tehran) – Iran’s ambassador to Moscow on Monday said Russians are eager to use his country’s petrochemical technology and products.
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Iran-Russia Joint Economic Commission heads hold phone talks
Russia delegation due in Tehran to sign cooperation documents
SHANA (Tehran) – Iran’s deputy oil minister for international affairs and trade here on Monday said a high-ranking delegation from Russia will visit Tehran to sign cooperation documents.
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Pakistan makes its first purchase of discounted Russian oil
Pakistan has placed its first order for discounted Russian crude oil under a deal struck between Islamabad and Moscow, the country's petroleum minister said, with one cargo to dock at the port of Karachi in May.
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On the sidelines of Iran Oil Show:
Iran-Russia commission to hold B2B meetings in May
TEHRAN (Shana) – Iran-Russia Joint Economic Commission will hold business-to-business (B2B) meetings here in May.
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Tehran, Moscow Keen on Bolstering Energy Ties: Spokesman
TEHRAN (Shana) -- The spokesperson of the Ministry of Foreign Affairs said Iran and Russia have held talks on the development of relations at different levels, and increasing cooperation in the field of energy is also of interest to the two countries.
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Russian Firm to Develop Shadegan Field
TEHRAN (Shana) -- The deputy CEO of Khatam Oil, Gas and Petrochemical Holding affiliated with Khatam al-Anbia Construction Headquarters has announced that a Russian company has agreed to develop the Shadegan oil field based on a new model of oil contracts. In an interview with “Iran Petroleum”, Omid Asakereh also said that talks were under way with Russian companies for other oil projects in Iran, including talks with Gazprom to develop the Kish gas field.
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Golden Age in Iran-Russia Ties
TEHRAN (Shana) -- During the 16th Iranian-Russian Business Council, hosted by Moscow, four documents were signed for cooperation between the two nations by Iranian Minister of Petroleum Javad Owji and Russia’s Deputy Prime Minister Alexander Novak. Owji has said that Iran-Russia ties had entered a “golden age”. Novak also said that Iran-Russia trade grew 45% in 2022 year-on-year.
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Owji Discusses Deepening Ties with Russian Deputy Premier, Pakistani Counterpart
TEHRAN (Shana) -- Iranian Minister of Petroleum Javad Owji had a telephone conversation with the Deputy Prime Minister of Russia Alexander Novak and Pakistan's Minister of Petroleum Musadik Masood Malik.
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Russia, Iran Firms to Build Joint Pipeline
TEHRAN (Shana) -- The CEO of Sina Energy Gostar Holding, affiliated to Mustazafan Foundation, said the holding was planning to build a pipeline for the transfer of petroleum products with support from Russian companies.
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Russia to Boost Investment in Iran Oil Fields: Novak
RUSSIA (Shana) -- The Deputy Prime Minister of Russia called the relations between Iran and Russia trustworthy and at a high political level, and said: “The amount of Russian investment in Iran's oil fields will increase.”