Russian and Saudi Energy Ministers to Meet at G20

By Maria Tsvetkova
Friday, November 30, 2018

Russia's energy minister Alexander Novak will meet his Saudi counterpart at the G20 summit in Argentina and discuss an oil output reduction in 2019, RIA news agency cited Novak as saying on Friday.

He was also reported to have said that Russia's 2019 oil output is expected at the same level as this year but could be adjusted, depending on a deal between OPEC and non-OPEC members.

Producer group OPEC and its allies are meeting in Vienna next week to discuss oil production.

(Reporting by Maria Tsvetkova Editing by David Goodman)

Categories: Middle East Shale Oil & Gas Russia

Related Stories

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Oil Surges to Four-Week High as US-Iran Trade Blows

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Oil Holds Steady After US, Iran Agree to Cease Attacks

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

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

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