(VOVWORLD) - Russian Deputy Prime Minister Alexander Novak said Thursday that Russia will abide by its pledge to cut its oil output by 500,000 barrels per day from February until the...
(VOVWORLD) - Russian President Vladimir Putin signed a decree exempting the current contracts with so-called “friendly” countries and companies from his ban on Russian oil sales imposed in response to...
(VOVWORLD) - Oil prices surged on Monday after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown...
(VOVWORLD) - European Union countries agreed to set price caps on Russian refined oil products, the Swedish presidency of the EU said on Friday
(VOVWORLD) - The Russian Government approved on Monday a procedure to implement President Vladimir Putin’s decree on responding to Western oil price caps
(VOVWORLD) -US President Joe Biden's administration has halted the withdrawal of crude oil from the strategic oil reserve as the government tries to restock the reserve after releasing more...
(VOVWORLD) -The Organization of Petroleum Exporting Countries (OPEC) kept global oil demand growth unchanged for 2023
(VOVWORLD) -Sultan Ahmed Al Jaber, the chief executive of the Abu Dhabi National Oil Company (Adnoc), has been named President of the COP 28 climate conference, which the United Arab...
(VOVWORLD) -Russian President Vladimir Putin signed a decree on Tuesday banning oil supplies to countries that have introduced price caps on Russian oil and petroleum products
(VOVWORLD) - Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman said on Sunday that the OPEC+ decision to cut oil production by two million barrels per day has proven to...
(VOVWORLD) - By November, the Vietnam Oil and Gas Group (Petrovietnam) had fulfilled all its financial and production targets set for 2022, setting new records in the sector, announced Petrovietnam...
(VOVWORLD) - Japan implemented a price cap on Russian crude oil on Monday but excluded crude oil imported from Sakhalin-2, in which Japanese energy operators have held a stake since...
(VOVWORLD) - Moscow will forbid domestic companies from selling Russian oil under any price cap, and is willing to dial down production to compensate for the lost exports
(VOVWORLD) - The Group of Seven (G7) nations, and Australia have agreed on a 60 USD per barrel price cap on Russian seaborne crude oil as part of an international...
(VOVWORLD) - Oil output from the Organization of the Petroleum Exporting Countries (OPEC) has fallen in November, after the wider OPEC+ alliance pledged to make sharp cuts to support the market amid...
(VOVWORLD) - The planned price cap on Russian oil is an anti-market measure that will disrupt supply chains and worsen the situation in global energy markets, Maria Zakharova, spokeswoman for...
(VOVWORLD) - European Union governments failed to agree on Monday on a price cap on Russian seaborne crude oil. Poland insisted that the cap be set lower than proposed by the...
(VOVWORLD) - Ghana's government is working on a new policy to buy oil products with gold rather than US dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday
(VOVWORLD) -The EU’s embargoes on Russian crude and oil product imports and a ban on maritime services will put further pressure on global oil balances, and, in particular, on...
(VOVWORLD) -A delegation of the Vietnam Oil and Gas Group (Petrovietnam) led by Chairman of Members' Council Hoang Quoc Vuong had a working session on Monday with representatives from relevant...