Israel, Saudi Arabia, US will continue exerting pressure on Iran
Pressure on Iran from Israel, Saudi Arabia and the United States will continue, a Russian expert said on Monday, commenting on the situation around the Iranian nuclear deal.
"Indeed, we can expect …
UN nuclear watchdog verifying info on Iran’s nuclear enrichment above agreed limit
The International Atomic Energy Agency (IAEA) is aware of Iran’s statement to start enriching uranium above the 3.67% limit set by the Iranian nuclear deal and is checking this information, the …
A new extension of OPEC+ deal and its promises
The geopolitical storm around the U.S.-Iran tensions, which made global oil prices highly volatile, has slightly abated. In late June-early July it was the future of the OPEC+ deal that sparked great …
Oil transportation via Baku-Novorossiysk pipeline resumed
The Azerbaijan State Oil Company (SOCAR) has resumed oil transportation via the Baku-Novorossiysk pipeline, the head of the public relations SOCAR department Ibragim Akhmedov told TASS on …
Russia urges Iran to honor deal on guarantees with IAEA
Russia is calling on Tehran to show restraint amid the situation with the nuclear deal and observe key provisions of a deal on guarantees with the UN nuclear watchdog, the International Atomic Energy …
OPEC + countries agree to extend deal; difficulties may arise with charter and fees
OPEC + countries have agreed to extend the transaction to reduce oil production until April 2020, difficulties in today's negotiations may arise with the charter and cash contributions of the …
Russia will consider OPEC's proposal on global oil reserves
Russia's Energy Ministry will consider OPEC's proposal on Tuesday to transfer the organization's goal for global reserves from 2013-2017 to 2010-2014 which should be reached as a result of cutting oil …
OPEC approves extension of deal on cutting oil production for 9 more months
The OPEC session has ended, and its member states agreed on extending the deal on cutting oil output for nine months starting from July, the Minister of Energy and Industry of the United Arab Emirates …
OPEC+ deal to be extended until April 2020 most probably
The most probable and the most discussed period for renewal of OPEC+ oil production capping deal is until April of the next year, a high-ranking source in the alliance told TASS on Monday.
Azerbaijan supports renewing OPEC+ deal on same terms
Minister of Energy if Azerbaijan Parviz Shahbazov believes that it would be viable to extend the OPEC+ deal to reduce oil production under the same conditions, he told reporters.
"I think that this …