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Sunday 8 June 2025

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Context
News OPEC, non-OPEC agree first global oil pact since 2001

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.

  • December 10, 2016
News Russia signs Rosneft deal with Qatar, Glencore

Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore (GLEN.L) to sell a 19.5 percent stake in state-owned oil major Rosneft (ROSN.MM), Rosneft said.

  • December 10, 2016
News U.S. senators urge Trump to take tough line on Russia over Ukraine

A bipartisan group of 37 U.S. senators sent a letter to President-elect Donald Trump on Thursday urging him to take a tough line against Russia over what they termed its "military land grab" in Ukraine.

  • December 8, 2016
News Ties between Russia and the Taliban worry Afghan, U.S. officials

Afghan and American officials are increasingly worried that any deepening of ties between Russia and Taliban militants fighting to topple the government in Kabul could complicate an already precarious security situation.

  • December 8, 2016
News Greece to pay out benefit to low income pensioners - PM

Greek Prime Minister Alexis Tsipras announced late on Thursday that his government would spend 617 million euros in one-off welfare benefits for low income pensioners after the country exceeded its 2016 primary surplus target.

  • December 8, 2016
News Trump picks longtime friend of Beijing as U.S. ambassador to China

President-elect Donald Trump will nominate Iowa Governor Terry Branstad as the next U.S. ambassador to China, choosing a longstanding friend of Beijing after rattling the world's second largest economy with tough talk on trade and a telephone call with the leader of Taiwan.

  • December 7, 2016
News Russia says U.S. bill will restrict its diplomats, pledges retaliation

Russia said on Wednesday it would restrict the ability of U.S. diplomats based in Moscow to travel if a pending U.S. bill that would do the same to Russian diplomats in the United States entered into force.

  • December 7, 2016
News EU nations agree to let European Commission vet gas, oil deals

EU nations agreed on Wednesday to allow the European Commission to vet their oil and gas deals with third countries like Russia to guard against anti-competitive practices and supply disruptions

  • December 7, 2016
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