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OPEC+ Members Cut Oil Production By 7.8Mln Bpd In August, Compliance Stood At 101% - Novak

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  OPEC+ members' compliance with deal to reduce oil production was 101 percent in August, the reduction amounted to 7.8 million barrels per day, Russian Energy Minister Alexander Novak said on Thursday MOSCOW (Honey Networking News / Sputnik - 17th September, 2020) OPEC+ members' compliance with deal to reduce  oil  production was 101 percent in  August , the reduction amounted to 7.8  million  barrels per day,  Russian  Energy Minister Alexander Novak said on Thursday. "The total reduction amounted to 7. 8  million  barrels per day, this is a large figure, it is in line with the  agreement . Compliance was 101 percent, in contrast to  July , when it was 95 percent.  August  showed that the countries approached more responsibly in the implementation of the  agreement ," Novak told the Rossiya 24 broadcaster.

India To Hold Naval Drills With Russia After Pulling-Out From Kavkaz 2020 Military Exercise

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As India eases off from the Kavkaz practice in Russia over conciliatory and pandemic issues, New Delhi by and by has not set aside much effort to tell the universe of its solid binds with Russia – a 'verifiable partner'. India will have a respective maritime exercise with the Russian Navy, in which in any event three of its warships are relied upon to take an interest. The activity will happen on 4-5 September at the Andaman Islands, during the days when the Indian Defense Minister will visit Moscow for the SCO meeting. As per media reports, the move is supposed to be a satisfying activity by New Delhi as a 'remuneration' for not going to the Kavkaz practices with its nearest safeguard accomplice – Russia. India, careful that pulling out of Kavkaz would be upsetting for the Russians, has invited the Russian Navy for an oceanic exercise in the Andaman Sea, close to the Straits of Malacca. The activity will strikingly occur in similar waters in which India will have the M...