Alexander Novak

Alexander Novak
The Minister of Energy of Russia
 

 Iran to purchase Russia#039s Sukhoi Superjet 100

Iran to purchase Russia's Sukhoi Superjet 100

Iran has expressed an interest in purchasing 12 Russian Sukhoi Superjet 100 (SSJ100) airliners, Russia's Minister of Energy, Alexander Novak, said. "Iran is interested in acquiring 12 Sukhoi Superjet 100 planes …

Russia to Buy Iranian Crude Oil

Russia to Buy Iranian Crude Oil

Tehran and Moscow are close to signing an agreement for the export of 100,000 barrels per day of Iranian oil to Russia, Oil Minister Bijan Namdar Zanganeh said on Tuesday. "The two sides will seal an agreement on oil export to …

Iran to present oil and gas contracts in Russia

Iran to present oil and gas contracts in Russia

The Iranian delegation will arrive in Russia to present the conditions of oil and gas contracts to Russian companies -the Russia Energy Minister Alexander Novak said following his talks with the Iranian Oil Minister Bijan …

Iran ready to buy Superjet-100 Russian aircraft

Iran ready to buy Superjet-100 Russian aircraft

Iran has confirmed intention to purchase 12 Superjet-100 Russian aircraft in the near future, the Russian Energy Minister Alexander Novak said in an interview with Rossiya 24 TV channel. "It was confirmed that Iran …

Russia and Iran start construction of TPP in Hormozgan

Russia and Iran start construction of TPP in Hormozgan

Russia and Iran started construction of a thermal power plant 'Sirik' in the southern Iranian province of Hormozgan - the ceremony of laying the first stone will be held today. The event will be attended by the Russian Energy …

High-ranking Russian officials due in Iran in coming weeks

High-ranking Russian officials due in Iran in coming weeks

A number of senior Russian officials, including First Deputy Prime Minister Igor Shuvalov and Energy Minister Alexander Novak, plan to make separate visits to Iran in coming weeks to discuss topics of mutual …

Oil creeps higher In response to new US sanctions on Iran

Oil creeps higher In response to new US sanctions on Iran

The package of sanctions was formulated in a way that would not violate the 2015 Iran nuclear deal

Novak notes efficiency of oil production cuts deals

Novak notes efficiency of oil production cuts deals

Russian Energy Minister Alexander Novak on Wednesday said that the agreements on oil production cuts were efficient and that Russian companies were reducing oil output voluntarily, with production cuts amounting to 117,000 …

Will Russia and US return to dialogue on energy?

Will Russia and US return to dialogue on energy?

Russia and the US should return to the dialogue on energy both countries enjoyed in 2014 before the US and European sanctions, Russia's energy minister Alexander Novak said, speaking to CNBC in Vienna. …

Russia and Kuwait discuss cooperation in energy sector

Russia and Kuwait discuss cooperation in energy sector

Russia and Kuwait discussed possible construction of a nuclear power plant, as well as cooperation in the spheres of petroleum services and gas, the Russian Energy Minister Alexander Novak said in an interview with the Rossiya-24 …

OPEC, Russia ‘ahead of schedule’ on oil output cuts

OPEC, Russia ‘ahead of schedule’ on oil output cuts

OPEC and Russian oil ministers say they are going faster and doing better than expected in their efforts to cut oil production and boost prices, RadioFreeEurope/RadioLiberty reports. “We are ahead of schedule and we will …

Russia reduces oil output by 100,000 barrels per day under initial deal

Russia reduces oil output by 100,000 barrels per day under initial deal

Russia has reduced oil production by 100,000 barrels per day (BPD) in accordance with OPEC deal, and is ready to do everything possible to maximize its participation in the implementation of the agreement, …

Saudi Energy Minister to discuss oil output with Russia#039s Novak in Vienna

Saudi Energy Minister to discuss oil output with Russia's Novak in Vienna

Saudi Energy Minister Khalid Falih said on Thursday he plans to use an upcoming meeting with his Russian counterpart Alexander Novak in Vienna to discuss monitoring oil output cuts under the …

Russia honors commitment to reduction of oil output under OPEC deal

Russia honors commitment to reduction of oil output under OPEC deal

Russia is respecting its commitments on reduction of oil output in line with OPEC agreements cutting production in the first 10 days of January by the amount exceeding previously set by Russian largest oil producers, Energy Minister …

Barkindo: Novak is brilliant

Barkindo: Novak is brilliant

OPEC Secretary General Mohammed Barkindo has highly appreciated Russia’s role and in particular the role of Energy Minister Alexnder Novak in reaching agreements on measures to stabilize oil market. …

Oil Prices Rise On Expected Decline In US Crude Stocks

Oil Prices Rise On Expected Decline In US Crude Stocks

OPEC is shielding most of its Asian customers from the planned cuts

Russia and Iran increases trade turnover by 80% in 2016

Russia and Iran increases trade turnover by 80% in 2016

Eight documents on cooperation between Russia and Iran were signed at the 13th meeting of the Permanent Russian-Iranian intergovernmental commission on trade-economic cooperation held in Tehran. The parties signed a roadmap on trade and …

 Whether oil producers will be able to avoid price war

Whether oil producers will be able to avoid price war

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How the decision on cutting oil output by OPEC and other exporting countries will influence the world market

Iran gives 7 oil projects to Russia

Iran gives 7 oil projects to Russia

Iran plans to assign development of seven oil fields to Russian companies, Iran’s Oil Minister Bijan Namdar Zanganeh said, explaining that Russian companies would develop and increase the recovery rate of the fields. …

Novak: reducing production, Russia to increase oil revenues

Novak: reducing production, Russia to increase oil revenues

The head of Russian Ministry of Energy Alexander Novak said that an agreement with OPEC and other oil-exporting countries to cut the oil production will have a positive effect on the Russian economy, as it will help to make …

Non-Opec countries agree to cut oil output to ease glut

Non-Opec countries agree to cut oil output to ease glut

Oil-producing nations that do not belong to the Opec cartel have agreed to cut output by 562,000 barrels a day

Russian energy minister Novak sees #039no risk#039 OPEC agreement fails

Russian energy minister Novak sees 'no risk' OPEC agreement fails

Russia's Minister of Energy Alexander Novak says he does not see risks the OPEC agreement fails. "I do not see any risk," he said in response to a question from reporters, TASS reports. …

Russian energy minister expects OPEC, non member countries to sign agreement on oil output

Russian energy minister expects OPEC, non member countries to sign agreement on oil output

Russian Energy Minister Alexander Novak expects OPEC and non member countries to sign an agreement after the meeting on December 10 in Vienna. "Of course. We came here to sign an agreement," Novak said …

No documents signed by Russia, Ukraine, EU during gas talks

No documents signed by Russia, Ukraine, EU during gas talks

No documents were signed by Russia, Ukraine and the European Union during trilateral gas talks, chief executive of Ukraine’s Naftogaz Andrei Kobolev said after meeting. "We did not sign. No agreements were managed to …

Russian oil firms discussed output cuts

Russian oil firms discussed output cuts

Russian companies support Energy Ministry proposals to cap oil output as part of a global deal, a ministry spokeswoman said on Wednesday as Moscow prepares to finalize the agreement with OPEC and other producer nations this weekend, Reuters …

 Novak to meet with Russian oil companies tomorrow - source

Novak to meet with Russian oil companies tomorrow - source

Russian Energy Minister Alexander Novak will hold a meeting with representatives of Russian oil companies on December 7, TASS reports with reference to several sources. The head of the Energy Ministry will discuss the …

Russian Energy Ministry to draft oil production cuts plan by Dec. 9 OPEC meeting

Russian Energy Ministry to draft oil production cuts plan by Dec. 9 OPEC meeting

Russia's Energy Ministry will draft a plan to reduce oil production in the country by the meeting with the Organization of the Petroleum Exporting Countries (OPEC) on December 9, Minister Alexander Novak said Thursday, …

Novak does not take part in OPEC meeting in Vienna

Novak does not take part in OPEC meeting in Vienna

Russian Energy Minister Alexander Novak said he does not plan to visit Vienna on November 30 to take part in the meeting among major oil producers, noting that Russia is ready to continue negotiations if an agreement is reached …

Talks between OPEC and non-OPEC oil exporters canceled

Talks between OPEC and non-OPEC oil exporters canceled

Today the group is holding another internal meeting to try to resolve its own differences

Novak: firstly OPEC members should reach consensus within organization

Novak: firstly OPEC members should reach consensus within organization

Russia shares the view of joining the agreement on stabilizing the oil market by non-OPEC producers after reaching a consensus within the cartel, and continues to consult with its partners, the Energy Minister …