Page 35 - Cis Countries News Today

The Caspian Pipeline Consortium (CPC), which handles 1% of global oil flows, has stopped oil loadings through its single mooring points (SPM) since April 10 because of a planned shutdown, it said on Wednesday.

Russia's Novatek has asked the government to grant its key Yamal LNG project a deferral of additional profit tax for 2022 while simultaneously cutting its rate, the Kommersant daily reported on Tuesday.

China's demand for Australian coking coal for steelmaking remains lacklustre even after Beijing removed import restrictions, as supplies from local mines, Mongolia and Russia are cheaper, traders say.

China and France reaffirmed their commitment to promote non-proliferation of nuclear weapons, nuclear disarmament and the peaceful use of nuclear energy, a joint statement reported by the official Xinhua News agency said on Friday.

Emerging market stocks rose on Wednesday after two sessions of declines and currencies steadied as U.S. recession fears pushed the dollar lower, with the Polish zloty flat ahead of a central bank decision on interest rates.

A new Lithuanian bid to push the European Union to impose sanctions on Russia's nuclear energy industry includes proposed exemptions for Hungary and a two-year period to phase out existing contracts, according to a document seen by Reuters.

Emerging market stocks dipped for a second straight day on Tuesday, led by declines in Hong Kong shares, while Romania's leu edged higher against the euro ahead of a central bank decision on interest rates.

By Jonathan Saul, Carolyn Cohn, Christoph Steitz and John O'Donnell

The Biden administration told Saudi Arabia officials that it disagreed with OPEC’s surprise decision to cut oil production when it was given a ‘heads up’ on the move, John Kirby, coordinator for strategic communications at the National Security Council, told reporters on...

Saudi Arabia's energy ministry said on Sunday that the kingdom is voluntarily cutting its oil production by 500,000 barrels per day from May until the end of 2023, according to state media.