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OPEC-Russia roadshow heads to Vienna for oil-cuts talks

  Bloomberg OPEC’s effort to secure cooperation of non-members in a global deal to curb crude output will roll on from Istanbul to Vienna, with Russia on board but growing internal differences over sharing the burden of cuts. Russia is ready to participate in a “technical exchange” to set a road map for oil production levels in the Austrian capital ...

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Libya oil output to hit 3-year high by Dec

  Bloomberg Libya’s oil production is set to reach a three-year high by December as fields restart and ports reopen after five years of armed conflict crippled sales. Output is now 540,000 barrels a day and will reach 900,000 barrels by the end of the year, Libya’s National Oil Corp. Chairman Mustafa Sanalla said Wednesday in Istanbul. That would be ...

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Turkey, Israel to examine building gas pipeline

  Istanbul / AFP Israel and Turkey on Thursday agreed to open discussions on building a gas pipeline to pump Israeli gas to Europe, as the Israeli energy minister made the first ministerial visit since a crisis in ties. Israeli Energy Minister Yuval Steinitz met his Turkish counterpart Berat Albayrak in Istanbul, the highest level official meeting since the two ...

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