Vienna

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 Azerbaijan to be the first to "freeze" oil

Azerbaijan will declare that it will not increase its oil production and exports at the meeting of OPEC member countries in Vienna on October 29, the Energy Minister of the Republic Natig Aliyev said. "We are …

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Will Russia cut oil production?

At this stage of talks on oil market stabilization Russia considers reasonable production freeze, but during the negotiations process Moscow may change its stance and discuss a production cut, Russian Permanent Representative to the International …

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OPEC oil output deal to come into effect in November

The agreement of the OPEC member states on oil production freeze will come into effect after an official organization's summit in Vienna in November, a source in Algerian delegation said.  OPEC will agree to production levels …

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Year after Iranian nuclear deal

Today marks a year since the signing of the Iranian nuclear program agreement. "Six" international negotiators (five permanent UN Security Council members and Germany) and Iran have agreed on a joint comprehensive action plan at last …

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OPEC demonstrates it has no power

A regular meeting among the OPEC countries has recently took place in Vienna. The main point of the agenda was the discussion of the new possible oil level of 32 …

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Brent about $50 again

The Brent crude oil has returned its positions after the US Department following the results of the OPEC meeting in Vienna. At 06:34 MSK the Brent petroleum blend's price of futures with a delivery in August rose by 0.38% to $49.91 …

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Novak to miss OPEC summit

The head of the Russian Ministry of Energy,  Alexander Novak, will not participate in the OPEC summit in Vienna scheduled for June. "I do not plan to go to Vienna. The summit is …

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US Assistant Secretary of State pays visit to Moscow

Today in the US Assistant Secretary, Victoria Nuland, arrived in Moscow from Vienna to discuss the situation in the east of Ukraine. During the visit she is to discuss the next steps on the implementation of the Minsk …

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Markov, Shevchenko: Vienna meeting is a step towards peace in Karabakh

The resumption of the negotiation process on the Nagorno-Karabakh conflict, which took place at yesterday's meeting between the presidents of Armenia and Azerbaijan, mediated by the foreign ministers of the OSCE Minsk Group co-chair countries, is very important itself, but in order to achieve a real progress it is necessary to launch a regular dialogue between the parties in the conflict with support of international mediators. That was stressed by Russian political experts Sergei Markov and Maxim Shevchenko in an interview with a correspondent of Vestnik Kavkaza, while commenting on the results of the meeting between Ilham Aliyev and Serzh Sargsyan.

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 Aliyev and Sargsyan agree to meet again in June

At the meeting in Vienna, the presidents of Armenia and Azerbaijan, Serzh Sargsyan and Ilham Aliyev, expressed commitment to the peaceful settlement of the Nagorno Karabakh conflict and agreed to hold a meeting …

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