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Russia's Rosneft says has flexibility on oil output levels
Rosneft's (ROSN.MM) plans for next year allow it to be flexible with production volumes, Russia's top oil producer said on Saturday, after Moscow clinched a deal with OPEC to cut production to bolster weak oil prices.
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Libya pipeline restart cuts into oil rally
Oil prices rose on Tuesday but settled below session highs after Libya announced the reopening of pipelines after a two-year blockade that ended earlier this month.
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Iran calls for meeting of nuclear deal powers over U.S. sanctions
Iran has requested a meeting of a commission overseeing the implementation of its 2015 nuclear deal with world powers, Iranian state media reported on Saturday, in response to what Tehran calls a U.S. violation of the agreement.
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Eni spreads Egypt gas field risk with Rosneft stake sale
Italian energy company Eni will sell a 30 percent stake in its giant Egyptian offshore gas field Zohr to Russia's Rosneft for $1.575 billion, pressing ahead with asset sales to fund investments and offset weak oil prices.
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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.
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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.
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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.
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Russia still working on how to freeze oil output ahead of OPEC talks
Russia has yet to plan how to freeze oil production and there has been no agreement among its leading producers on output curbs, three senior industry sources told Reuters on Wednesday, just days before an OPEC meeting.
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