Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...
Tag : Russia
Aramco to increase crude production amid price war
The company will increase production by 300,000 barrels per day...
As global oil prices fall, Petrobras’ shares plunge
A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024...
Global oil prices plunge as Saudi-Russia negotiations collapse
Saudi Arabia decides to cut prices by nearly 10%...
Disputes settled, Gazprom extends gas deal with Ukraine
Gazprom and Ukraine have agreed not to start any new gas lawsuits against each other...
Lukoil: Russia’s oil production to reach 12 bpd by 2035
Currently, Russia pumps around 11.2 million bpd of oil and condensate...
Top Russian corporates seek domestic ratings for local banks
The firms claim that domestic ratings would significantly lower the pressure on banking capital...
Sberbank reports profit of $3.95 bn despite lower corporate loans
Corporate loans approved by Sberbank decreased by 3.6 percent in the second quarter...
Russia approves $9.3 bn motorway project to ease China-Europe trade
The 2000 km long project, which is part of China's one belt, one road initiative will take 12 to 14 years to be completed...
Russian banks’ net profits increase to $11.6 billion in first four months
The Central Bank also said that it will consider introducing a gold-backed cryptocurrency for international settlements...