Russian Energy Ministry

OPEC announces readiness to radically cut oil output

The Organization of Petroleum Exporting Countries (OPEC) has developed several options for reducing oil output for the OPEC + meeting, which will be held on April 9, Bloomberg reports with reference to the organization’s materials. …

Mishustin starts his visit to Kazakhstan

Russian Prime Minister Mikhail Mishustin has started his first foreign visit. He arrived in Kazakhstan late Thursday. The PM will take part in the session of the Eurasian Intergovernmental Council in Almaty and hold …

Novak comments on next OPEC+ meeting date

Russian energy minister Alexander Novak said Moscow is still committed to OPEC+ meeting in March to decide on future production policies. "No one approached us officially or unofficially... We’re …

Russia may pull out of OPEC+ in 2020

The OPEC+ may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak told Rossiya 24 TV. "As far as the production cuts are concerned, I repeat once again, this is not …

Russia cannot disclose plans on OPEC+ deal yet

Russia’s position on the future of the OPEC+ agreement cannot be disclosed yet, Russian Energy Minister Alexander Novak said. He said there was no decision yet on whether to exclude Russian gas condensate …

Novak to Sefcovic: Europe interested in Nord Stream 2

The issue of Denmark giving a permit to build the Nord Stream 2 pipeline through its territorial waters was discussed only in the framework of bilateral talks between Russia and the European Commission, Russian Energy Minister Alexander …