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Tag:
Reserves
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Russia has proposed creating joint food reserves with BRICS nations and regional allies to reduce growing risks to global food security linked to the Middle East conflict.13 Apr 2026-15:19
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Fatih Birol, head of the International Energy Agency (IEA), said he is prepared to release additional oil reserves as energy prices soar worldwide.25 Mar 2026-11:56
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For the first time since 2002, Russian authorities are selling physical gold from the Central Bank’s reserves to help cover the federal budget deficit.23 Mar 2026-23:16
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India’s foreign exchange reserves fell by $7.052 billion to $709.759 billion in the week ending March 13, according to data released by the Reserve Bank of India (RBI) on Friday.20 Mar 2026-17:42
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Production in Azerbaijan’s sector of the Caspian Sea under the full-scale development of the Absheron gas-condensate field is scheduled to begin on September 1, 2029, TotalEnergies announced to journalists on Monday.17 Mar 2026-11:07
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Australia’s Energy Minister, Chris Bowen, stated that rural and regional areas are experiencing "real and unacceptable shortages" of fuel, driven by the surge in global oil prices due to the US-Israel war with Iran.14 Mar 2026-11:33
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The State Oil Company of the Republic of Azerbaijan (SOCAR) has launched a new phase of offshore exploration in Azerbaijan’s sector of the Caspian Sea with detailed seabed studies at the promising Goshadash structure. The project marks a preparatory stage ahead of a large-scale seismic survey that will use advanced Ocean Bottom Node (OBN) technology, underscoring Azerbaijan’s commitment to expanding its hydrocarbon resource base and maintaining its role as a key energy supplier to regional and global markets.13 Mar 2026-13:40
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The United States Department of Energy said it will release 172 million barrels of oil from the Strategic Petroleum Reserve starting next week as the conflict involving the United States and Iran continues.12 Mar 2026-14:17
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