Russia Assures Bush It Will Boost Oil Exports
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President Bush on Monday received assurances from Russian President Vladimir Putin that his country would boost production and export of oil as prices hover near record levels.
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Russian President Vladimir Putin told President Bush on Monday that Russian oil companies are increasing oil production and exports and will continue to do so, the White House said.
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Russia has delivered the first shipment  of nuclear fuel to Iran's Bushehr nuclear power station, the  Russian state agency building the station said in a statement  on Monday.
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Bush says he wants to strengthen ties with Russia, as democracy  monitors say the country is "not free".
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Russian President Vladimir Putin told President Bush on Monday that Russian oil companies were boosting production as well as exports and would continue to do so.
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Russia has made its first shipment of nuclear fuel to Iranâs Bushehr plant, the Foreign Ministry said.
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Russia announced on Monday it had delivered the first shipment of nuclear fuel to Iran's Bushehr atomic power station, a step Western powers worried by Tehran's nuclear ambitions had urged Moscow not to take.
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Russian President Vladimir Putin promised on Thursday new nuclear weapons as part of Moscow's military build-up, saying the experience of Iraq showed the need for resource-rich countries to keep strong defenses.
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Russia, the world&#39;s second-biggest oil exporter, will benefit most from a Siberian crude oil pipeline to the Pacific rather than to China as energy resources are needed to develop the
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President Vladimir Putin has pledged that Russia would ensure stable energy supplies to the European Union.
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Russia's natural resources minister said Monday that foreign companies would be welcome to help develop offshore oil fields, the same day a senior U.S. diplomat expressed concern about the minister's earlier statement that foreign access to oil and gas deposits would be limited.
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Energy giant BP said that overall production of its oil products during the third quarter was expected to rise by 11 percent from the equivalent figure last year, helped by its Russian operations.
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MOSCOW. Dec. 17 -- Russia announced Monday that it has delivered an initial shipment of nuclear fuel to the Bushehr nuclear power plant in Iran, a step likely to stir alarm in Western capitals concerned about the true nature of Tehran's nuclear ambitions.
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SHARM EL-SHEIKH, Egypt  - U.S. President George W. Bush, wrapping up a Middle East trip on Wednesday, hopes his talks in Saudi Arabia will help encourage OPEC to raise production and dampen oil prices, the White House said.
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Crude oil climbed more than $1 in New York on the re-election of President George W. Bush, who has been filling the US Strategic Petroleum Reserve.
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President Bush said today that Russia has nothing to fear from the proposal, adding, âThe cold war is over.â
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Russia will play an increased role in oil and gas supply and trading with considerable consequence for the world&#39;s energy security, the International Energy Agency (IEA) said Tuesday.