Sentences with phrase «russian oil producers»
Lukoil has been used as a tool of the Russian government in the past, and it was one of five major Russian oil producers the US banned when former President Barack Obama imposed sweeping sanctions on Russia in 2014 as punishment for its aggression toward neighboring Ukraine.
http://www.businessinsider.my/
Russian oil producers to make money from China's yuan - backed crude futures — analysts Kozmino, an oil - loading sea port in Primorsky Region, the terminal point of the Eastern Siberia — Pacific...
Rosneft agreed to buy TNK - BP, Russia's third - largest oil producer, from BP and AAR — a Russian oil producer owned by Mikhail Fridman, German Khan, Len Blavatnik and Viktor Vekselberg — in the country's biggest - ever acquisition.
Not exact matches
Oil prices erased early losses to rise on Thursday afternoon after Algeria's Energy Minister Noureddine Boutarfa said that most OPEC producers are supporting the Saudi - Russian proposal for an extension of the production cuts until March 2018.
On Wednesday, Saudi Energy Minister Khalid al - Falih said — after meeting with his Russian counterpart Alexander Novak — that OPEC and non-OPEC producers are committed to do «whatever it takes» to draw the global crude oil inventories down to their five - year average.
More than a month after shocking the market by saying that Russia was ready to join OPEC's efforts to reduce global oil supply, Russian President Vladimir Putin said that his country was ready to freeze production at «today's level», injecting more optimism that OPEC and non-OPEC producers might really pull off a deal.
Two years ago, Russian officials discussed plans to privatize a group of national enterprises headed by the oil producer Rosneft, the VTB Bank, Aeroflot, and Russian Railways.
Rosneft has taken over TNK - BP in a $ 55bn (# 36bn) deal that will make the Russian state - owned oil company by far the world's largest listed oil producer.
State - controlled oil producer OAO Rosneft said it has paid back $ 7 billion of a bridge loan it had taken to acquire TNK - BP, the largest foreign debt repayment by a Russian company since Western sanctions were imposed.