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Oil & Gas Trade
Russia's Novak Rules Out Diesel Export Ban
Deputy Prime Minister of Russia Alexander Novak walks at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5,…
Oil & Gas Trade
Russia Exports Almost All Its Oil to China and India - Novak
A bulk carrier sails near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/Files Ac…
Oil & Gas Trade
Russia Eyes Additional Oil Export Cuts of About 50,000 Bpd in December - Novak Says
A pump jack is seen at the Ashalchinskoye oil field owned by Russia's oil producer Tatneft near Almetyevsk, in the Republic of Tatarstan, Russia, July 27, 2…
Nuclear Power Plant (NPP)
Russia Ready to Expand Nuclear Energy Cooperation With Turkey, Including Small Npp Projects- Deputy PM Novak
Russia sees the prospects for expanding cooperation with Turkey in nuclear power, including its contractors' possible participation in the construction of s…
Oil & Gas Trade
Turkiye and Hungary Sign Gas Deal
Turkish President Recep Tayyip Erdogan (2nd L) meets with Hungarian President Katalin Novak (R) in Budapest, Hungary on August 20, 2023 [Mustafa Kamacı/Anadolu…
Oil & Gas Trade
Serbia Establishes Joint Gas Company With Hungary
President Aleksandar Vučić, President Katalin Novak, Prime Ministers Ana Brnabić and Viktor Orban attended the session of the Strategic Council of Serbia and…
Oil & Gas Trade
Iraq, Russia Commit to OPEC+ Oil Production Cuts
A worker at Iraq’s Majnoon oilfield near the southern Iraqi city of Basra. Photo: ReutersBaghdad (IraqiNews.com) – The Iraqi Minister of Oil, Hayan …
Natural Gas
Russia Ready to Resume Gas Supplies to Europe Via Yamal-Europe Pipeline -Novak
Model of natural gas pipeline, EU and Russia flags, July 18, 2022. REUTERS/Dado Ruvic/IllustrationDec 25 (Reuters) - Moscow is ready to resume gas supplies to E…
Crude Oil
Novak: Russia To Resume Oil Output To 90% Of Pre-pandemic Level
Russia will be able to resume its oil production to 90% of the levels it was producing prior to the pandemic, Russian Deputy Prime Minister Alexander Novak said…
Oil & Gas Supply
Russia’s Oil Output to Rise by 5% in 2022
Russia’s deputy prime minister Alexander Novak expects the oil output to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Crude Oil
Russia Eyes 3-5pc Growth in Liquids Output in 2022
Russian crude and condensate production will grow by between 3-5pc in 2022, deputy prime minister Alexander Novak said today.
LNG
Russia's Rosneft Looks to Arctic to Ramp up LNG Output
The projects were considered as part of its LNG strategy at a meeting chaired by Deputy Prime Minister Alexander Novak last month
Crude Oil
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o…
OPEC
Russian Energy Ministers Tells Biden Not To Disturb Oil Markets
Joe Biden’s presidency will hopefully not interfere with OPEC+ actions taken to rebalance oil markets, Russian Deputy Prime Minister and former Energy Minister…
Russian Federation
Novak Steps Down as Russian Energy Minister
Russia's long-serving energy minister Alexander Novak, who oversaw the country's participation in the Opec+ agreement, is stepping down after more than eight ye…
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