Russia's Putin: OPEC Efforts Have Been Good for Oil Prices

Posted by Michelle Howard
Friday, June 1, 2018

Russian President Vladimir Putin told Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed of the United Arab Emirates on Friday that efforts by the Organization of the Petroleum Exporting Countries (OPEC) have been good for oil prices.

"Our joint efforts, including those of our friends in Saudi Arabia and in OPEC in general, have yielded good results for the stabilization of the hydrocarbon market," Putin said. 

Reporting by Vladimir Soldatkin; Writing by Polina Nikolskaya

Categories: Government Update Shale Oil & Gas

Related Stories

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

ABL Gets Papua New Guinea FSO Job

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Searah Malaysia Starts Upstream Oil and Gas Operations

Inpex Starts Construction of Indonesia's Abadi LNG Project

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com