Russia's Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says
MOSCOW, March 18 (Reuters) - Gazprom Neft (SIBN.MM), opens new tab is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil producer said on Tuesday.
The company does not plan to reduce oil refining in 2025 after a record refining volume in 2024, Alexander Dyukov, the CEO, added.
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Gazprom Neft has been adapting to Western sanctions and plans to increase investments in 2025, Dyukov said.
The market price for Urals oil in roubles is "quite acceptable" for the company, he added.
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NBC News
34 minutes ago
- NBC News
Two weeks' notice: Trump's deadline on Iran is a familiar one
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Reuters
40 minutes ago
- Reuters
Oil hedging volumes hit new records as US producers rush to lock in soaring prices
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South Wales Guardian
an hour ago
- South Wales Guardian
Putin boasts about Russia's economy despite recession fears
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