Results for
Alexander Novak
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Russia Deputy PM Novak: EU price cap exemptions show our oil is still in demand
Russian Deputy Prime Minister Alexander Novak said on Wednesday that European Union moves to add what he called “exemptions” to its price cap on oil ... Energy -
Russia considers oil price floor in response to G7
Russia is considering setting a price floor for its international oil sales as a response to a cap that the G7 nations set out last week.Moscow is ... Business -
Russia will not export oil subject to Western-imposed price cap: Novak
Russia will not export oil that is subject a Western-imposed price cap even if Moscow has to accept a drop in oil production, President Vladimir ... Energy -
Russia warns it will stop selling oil to countries that impose price caps
The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia’s energy resources - caps that Moscow said ... Energy -
Global oil demand has recovered close to pre-pandemic levels: Russia’s Novak
Global oil demand has almost recovered to pre-pandemic levels, Russian Deputy Prime Minister Alexander Novak told state TV channel Rossiya-24 after ... Energy -
Russian oil output rising in May, Deputy PM Novak says
Russia’s oil output rose in early May from April and production has stabilized, Deputy Prime Minister Alexander Novak said on Monday, news agencies ... Energy -
Sanctions on Russian oil and gas will hammer global market: Deputy PM Novak
Russian Deputy Prime Minister Alexander Novak said on Wednesday global energy markets would collapse if sanctions were imposed on oil and gas from ... Energy -
Russia can resolve financing issues with selling its oil: Deputy PM Novak
Russian firms have encountered problems in securing financing for April contracts to sell crude and oil products, but the situation can be resolved, ... Energy -
No need for hasty decisions in oil market over Omicron variant, says Russia’s Novak
Russia sees no need for urgent action on the oil market over the new Omicron coronavirus variant, Deputy Prime Minister Alexander Novak was quoted as ... Energy -
Russia offers to work with Saudi Arabia on hydrogen production, says Novak
Russian Deputy Prime Minister Alexander Novak on Tuesday offered to work with Saudi Arabia on hydrogen production, speaking during an online meeting ... Energy -
Russia’s Novak says OPEC+ may confirm or tweak its plans at meeting next week
Russian Deputy Prime Minister Alexander Novak said on Wednesday that a OPEC+ meeting of oil producers next week may confirm or tweak output plans ... Energy -
Saudi Arabia in no hurry to end its voluntary oil production cut: Prince Abdulaziz
Saudi Arabia’s energy minister said on Thursday the kingdom was extending its voluntary 1 million barrel per day (bpd) oil production cut and would in ... Energy -
Russia supports OPEC+ 500,000 bpd oil output hike from Feb, says Novak
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day (bpd) from February at next ... Energy -
Russia’s Novak hopes US President-elect Biden won’t upset oil market stability
Russia hopes the incoming administration of US President-elect Joe Biden will not derail producer nations’ action to boost oil markets, Russia’s ... Energy -
Russia’s Putin appoints new Energy Minister, replacing Alexander Novak
Russian President Vladimir Putin on Tuesday named Nikolai Shulginov, head of the hydroelectricity giant RusHydro, as the new energy minister of the ... Energy -
Russian energy minister Novak to be made a deputy PM in reshuffle, say reports
Russian Energy Minister Alexander Novak is set to be promoted to the post of a deputy prime minister as part of a cabinet reshuffle, Russian media ... Energy -
Russia’s Novak outlines strategy to regain global oil market share once demand heals
Russian Energy Minister Alexander Novak said it was extremely important for Russia and other oil producers to quickly regain, or even raise, their ... Energy
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