breakingnews
22.10.2008, 06:06
Russia, Iran and Qatar have agreed to work together to find and produce gas. But heightened cooperation between gas producers is worrying to Western consumers.
11.12.2008, 18:55
Russia says it is not only considering cutting oil production, but is also mulling OPEC membership. President Medvedev says Russia is ready for the step and it could help put a floor under prices.
14.12.2008, 07:01
Russia is attending next week's summit of the oil cartel OPEC in Algeria along with three other non-member countries – Azerbaijan, Oman and Syria. Faced with a budget deficit at home, President Dmitry Medvedev says he is considering joining OPE
22.10.2008, 05:02
Russia, Iran and Qatar have agreed to form a powerful OPEC-style group for exporting gas. The consortium would control over 60% of the global natural gas reserves – and spark fears in the West that it could lead to higher prices.
Published: 11 November, 2008, 14:09
Prime Minister Vladimir Putin has sought to ease fears over a so-called ‘gas Opec’, saying the proposed union of natural gas producers poses no threat to consumers.
