oil

Despite sanctions, many nations want Russian oil

Published on: March 1, 2023
09:38

Moscow, Mar 1 (Prensa Latina) Most of the world's countries are still open to Russian oil despite the embargo imposed by the West, Deputy Energy Minister Pavel Sorokin said at a conference of the Valdai International Discussion Club on Wednesday.

Russia starts reducing oil extraction voluntarily

Published on: March 1, 2023
08:36

Moscow, Mar 1 (Prensa Latina) In a voluntary act, Russia will begin to reduce oil production by 500,000 barrels per day starting on March, Deputy Prime Minister Aleksandr Novak reported.

Russia’s Foreign Ministry denounces attempts to impede oil transport

Published on: February 28, 2023
09:48

Moscow, Feb 28 (Prensa Latina) Western countries are trying to use their monopolistic position on the financial service market to hinder maritime transport of Russian oil, Deputy Foreign Minister Alexander Pankin stated on Tuesday.

Angolan government studies granting benefits to oil companies

Published on: February 23, 2023
10:11

Luanda, Feb 23 (Prensa Latina) The Angolan Parliament is examining a legal proposal that will grant greater benefits to oil companies in the maritime zone of Cabinda, in the north of the country.

Russia to reduce oil production in March

Published on: February 11, 2023
00:30

Moscow, Feb 11 (Prensa Latina) Russia will voluntarily reduce crude oil production by 500,000 barrels a day in March, Deputy Prime Minister Alexander Novak announced on Friday.

Russia to maintain oil production despite sanctions

Published on: February 3, 2023
08:34

Moscow, Feb 3 (Prensa Latina) Russian Energy Minister Nikolai Shulguinov said that even if the European Union embargo on Russian oil comes into force, Russia will maintain its production levels.

Pakistan to import Russian oil from March

Published on: January 20, 2023
09:23

Islamabad, Jan 20 (Prensa Latina) Pakistan would start importing Russian oil from March this year, Minister of State for Petroleum Musadik Malik confirmed on Friday.

Venezuela exported 250,000 barrels of oil to the U.S.

Published on: January 3, 2023
11:24

Caracas, Jan 3 (Prensa Latina) Venezuela exported 250,000 barrels of oil to the United States over the weekend, after the agreement reached between the US consortium Chevron and the state-owned oil company PDVSA, it was announced on Tuesday.

UK: Oil prices rise again as USD slumps on slowing inflation

Published on: December 20, 2022
15:58

London, Dec 20 (Prensa Latina) Oil prices climbed again on Tuesday due to a weaker US dollar (USD).

Senior Russian official highlights importance of oil project in Cuba

Published on: November 18, 2022
07:38

Moscow, Nov 18 (Prensa Latina) Russian Deputy Prime Minister Dmitri Chernishenko highlighted the importance of cooperation between Cuba and Russia for the development of the Boca de Jaruco oil field.

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