... bilateral cooperation in both traditional and “new” relations, seeking low-carbon energy, and achieving sustainable development goals.
Generally, Russia-UAE participation in international organizations and agreements, such as the Paris Agreement, OPEC+, and several others, are based on fairly well-developed mechanisms of bilateral cooperation and mutual interests.
The development of mutually beneficial economic cooperation between the two countries has been rather impressive. By 2022 trade turnover ...
The West believes the decision to cut oil production undermines the Western economies, thus denying OPEC+ nations the right to pursue their own economic interests
On April 3, 2023, OPEC
published
a press release saying that a number of countries, both members of this cartel and those participating in the extended OPEC+ format, decided to cut oil ...
... the Iranian sanctions’ exemptions. The United States has repeatedly extended the period of a
sanctions waiver
for Iraq — most recently in September — due to Baghdad's dependence on Iran’s gas and electricity. Iraq’s need to comply with the OPEC+ quotas has a negative impact on the situation, since with the cut of oil production in Iraq the volume of associated gas production also decreased. And this, in turn, again increases dependence on the gas imported from Iran.
Ruslan Mamedov:
Russia ...
... operators have specific tried-and-tested plans in place, which may even involve repatriation. However, we hope that it will
not be necessary
to resort to these crisis-response scenarios.”
Ruslan Mamedov:
A New Oil Campaign in Iraq
Speaking about the
OPEC+ deal
, Maksimov said, “The agreement to cut global petroleum output will definitely be welcomed in Iraq, which will allow the authorities to stabilize the budget policy and continue their efforts to restore the economy.”
Still, he mentioned ...
As someone who also anchors a weekly television programme I should say that despite the endless debate around correct measuring of TV ratings, they do reveal certain trends. The first conclusion to be made based on the results of these weeks is that when people are at home, they are once again turning on their “old-fashioned” TV sets. Ratings are on the rise worldwide.
As someone who also anchors a weekly television programme I should say that despite the endless debate around correct measuring...
As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated
The Russian-Saudi feud over oil production has destabilized the market even as the industry faces ...