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Saudi Arabia, Russia Reach Deal on Oil Output Cut Extension

June 3, 2020

Illustration by Tatyana / AdobeStock
Illustration by Tatyana / AdobeStock

Current News

Oil Flows to Lag Even if Hormuz Strait Reopens

Oil Flows to Lag Even if Hormuz Strait Reopens

Eni Makes Major Gas Discovery Offshore Indonesia

Eni Makes Major Gas Discovery Offshore Indonesia

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

MidEast Energy Output Recovery to Take Two Years, IEA Says

MidEast Energy Output Recovery to Take Two Years, IEA Says

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

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As Mideast ceasefire looms, oil prices jump and stocks fall
FT reports that Germany will begin the privatization of its Gazprom division.
Russia values its seized stake in UGC gold producer at $1.9 billion before the auction in May
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