MOSCOW. June 28 (Interfax) – Russia has cut oil output in June by 305,000-308,000 barrels per day (bpd) in comparison to October levels, exceeding its OPEC commitments by around 2%, Russian Energy Minister Alexander Novak told journalists.He added that Russia was not currently discussing making additional oil cuts. “At the moment the issue of [making more oil cuts] is not being discussed. At the July meeting [of the ministerial committee for monitoring the fulfillment of the OPEC+ agreement] we will discuss the situation on the market in whole,” he said.
top of page
ARD NEWS
Search
MOSCOW (Reuters, 28/06/17) – Russia’s top oil producer Rosneft said on Tuesday that its servers had been hit with a large-scale cyber attack, but its oil production was unaffected. “The company’s servers underwent a powerful hacking attack,” the company said on Twitter. “The hacking attack could lead to serious consequences, but the company has moved to a reserve production processing system and neither oil output nor refining have been stopped.”
Fridman’s investment company, LetterOne, has pulled out of an U.S. investment to avoid resistance from an unexpected corner — the Trump administration. LetterOne’s L1 Energy unit recently walked away from a deal to buy Texas oil producer ExL Petroleum Management LLC for about $700 million over concerns the plan could be rebuffed by the Committee on Foreign Investment in the U.S., or CFIUS, the government panel that reviews deals for national security risks.
bottom of page