Gulf OPEC members seek to revive global oil output deal
Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on Thursday including by establishing a new output ceiling inside the group, OPEC sources said.
Oil prices slip as Iraq raises exports
Oil prices edged lower toward $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires.
Beijing to adopt China's tightest fuel standards by Jan : Xinhua
Beijing plans to roll out China's tightest fuel standards by January 2017, the official Xinhua news agency reported on Monday citing the Beijing Municipal Environmental Protection Bureau, as the smog-choked city aims to drastically cut vehicle emission.
Oil slides on Iran supply, U.S. rigs; Cushing draw cuts loss
Oil prices slid early on Monday as Iran vowed to ramp up output and rig reductions paused in the United States, then crude futures pared losses on data showing a stockpile drawdown at the U.S. delivery hub.
Iran has no plans to freeze oil exports, official says ahead of OPEC meeting
Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted on Sunday as saying, as the country tries to raise its crude exports to pre-sanctions levels.
Russia to lend Egypt $25 billion to build nuclear power plant
Russia will loan Egypt $25 billion to finance building and operating a nuclear power plant in Egypt, the official gazette said on Thursday.
Putin says Crimea now free of reliance on Kiev for its power
Russian President Vladimir Putin oversaw the launch of a fourth and final line supplying electricity from Russia to Crimea on Wednesday, saying the project had broken an energy blockage he accused Kiev of imposing on the peninsula.
Say goodbye to OPEC, powerful Putin pal predicts
Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel.
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