Russian Energy Ministry

Additional group of Russian rescuers arrives in Khankendi

The additional group of the Ministry of Emergency Situations of Russia arrived in Khankendi to provide support to the local population, the ministry’s operational group in Nagorno-Karabakh said, adding that representatives of the central …

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Novak calls for strict OPEC+ deal compliance

The Organization of Petroleum Exporting Countries and allies including Russia - a group known as OPEC+ - should stick to full compliance of a deal to cut global oil production, Russian Energy Minister Alexander Novak said. In his …

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Russia's Novak says oil market is stable

Russian Energy Minister Alexander Novak said that the global oil market is now balanced and stable following a sudden decline in demand due to the coronavirus pandemic. Speaking after a meeting of the OPEC+ group’s Joint …

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Novak: oil market may become balanced in June or July

The global oil market may become balanced at the end of June or in early July, Russian Energy Minister Alexander Novak said in an interview to Rossiya 24 television channel broadcast following a meeting of the OPEC+ Joint Ministerial Monitoring …

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Russia expects global oil market shortage in July

Russian Energy Minister Alexander Novak said that the global oil market could face a shortage of 3-5 million barrels per day (bpd) in July, depending on a deal to be reached by OPEC+ producers. According to the Russian minister, …

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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. …

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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 …

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