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Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

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News // Поиск по тегу 'novak'

How Iran and Russia are locking step on oil

A Russian delegation visiting Tehran on November 19, 2016, signed a handful of agreements to work with an Iranian oil company, said Gholam-Reza Manouchehri, the deputy managing director of the National Iranian Oil.

21 November 2016 , 00:00Daniel J. GraeberNeftegaz.RU0

Russia stirs oil production proposal pot

Talks over production levels are expected to yield positive results, including any talks with Iranian representatives gathered in Doha, a Russian minister said.

18 November 2016 , 12:05Daniel J. GraeberNeftegaz.RU0

Saudi Arabia and Russia to meet ahead of OPEC meeting

Saudi Arabia’s Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak are said to be heading to Qatar later this week for an unscheduled meeting, according to industry sources quoted by Reuters.

16 November 2016 , 18:00Tsvetana ParaskovaNeftegaz.RU0

Russia and Iran sign flurry of energy deals. What’s next?

As lifting of sanctions on Iran boosted the influx of Iranian crude into international oil markets, some analysts and industry experts reckon that Iran and Russia are likely to be forced to compete with each other for market share in European and Asian markets, especially in the wake of growing tensions between Russia and Europe.

14 November 2016 , 00:09Ekaterina PokrovskayaNeftegaz.RU0

Russian oil producer boasts of gains

At a time when major producers are assessing output, Russian energy company Rosneft reported third quarter production levels were up 1 %.

11 November 2016 , 10:06Daniel J. GraeberNeftegaz.RU0

Russian and Venezuelan energy ministers discussed oil output freeze deal

Venezuelan Embassy in Russia said that Venezuela's Oil and Mining Affairs Minister Eulogio del Pino arrived in Moscow for a visit.

25 October 2016 , 16:04Neftegaz.RU0

Russian Energy Minister discussed with OPEC SecGen the situation on the oil market

Russia is a crucial partner in addressing energy challenges and both sides are committed to stable oil markets, said OPEC Secretary General Mohammed Barkindo.

24 October 2016 , 15:31Neftegaz.RU0

Saudi´s Al-Falih and Russia´s Novak discussed energy cooperation

Russia and Saudi Arabia have signed a joint memorandum of cooperation in the oil and gas sectors.

24 October 2016 , 10:21Neftegaz.RU0

Rosneft CEO Igor Sechin says Russia has potential to raise oil output

Russia could significantly increase oil production in the next 10 years up to an estimated 200 million metric tonnes of additional annual output.

20 October 2016 , 14:39Neftegaz.RU0

Russia expects OPAL gas pipeline permit before November

Permit of the European Commission on the gas pipeline OPAL, connecting Nord Stream with Europe's gas transportation network, might be obtained by the end of October.

18 October 2016 , 12:02Neftegaz.RU0

Russia says 6-month oil output freeze most efficient

Freezing global crude oil production for 6 months with an option for an extension would be the most appropriate and efficient way to rebalance the market, said Russia’s Energy Minister Alexander Novak.

18 October 2016 , 10:08Tsvetana ParaskovaNeftegaz.RU0

India and Russia sign 3 agreements in the «Hydrocarbon» sector

Dharmendra Pradhan highlighted cooperation between India and Russia in the Hydrocarbon Sector, including the acquisition of 23.9% stake in Vankorneft and 29.9% in Taas-Yuryakh by an Indian Consortium of IOCL, OIL and BPRL and acquisition of 15% and 11% stake by OVL in Vankorneft from Rosneft.

17 October 2016 , 15:53Neftegaz.RU0

Putin: Russia will join Opec efforts to stem decline in crude oil price

Vladimir Putin said at the World Energy Congress in Istanbul that Russia will join the deal to cut global crude output.

11 October 2016 , 10:11Neftegaz.RU0

Is Russia about to ruin the oil price revival?

Alexander Novak said that Russia has no immediate plans to change its current level of oil output, which is at near-record levels.

30 September 2016 , 15:12Julianne GeigerNeftegaz.RU0

Russia: Oil production freeze not essential

It's not essential to use artificial action on the energy market to correct the imbalance between supply and demand, Russia's energy minister said from Algeria.

27 September 2016 , 17:00Daniel J. GraeberNeftegaz.Ru0

Russian economy hinges on $40 Oil, Finance Minister warns that freeze talks won't have desired outcome

At least one major nation producer attending the OPEC´s  freeze talks this week has indicated that higher oil prices would be counterproductive to its own fiscal policies; in fact, Russia's economic future is said to revolve around crude prices at the $40 level.

26 September 2016 , 17:41Neftegaz.RU0

Russia's energy minister: No oil production cuts on table

Russia's energy minister said there are no proposals on the table to cut crude oil production, though a move to hold levels steady is under review.

23 September 2016 , 14:11Daniel J. Graeber0

Saudi and Algerian oil ministers to meet OPEC chief in Paris

The energy ministers of Saudi Arabia and Algeria will meet with OPEC’s top official as major oil producers continue to lay the ground for a potential deal to bolster crude prices in Algiers later this month.

09 September 2016 , 14:18Brian WilsonNeftegaz.RU0

Gazprom received first permits from Ankara for the implementation of the Turkish Stream

The authorities of Turkey have issued the first permits for the construction of a high-capacity gas pipeline “Turkish Stream", Gazprom said in a statement.

08 September 2016 , 10:09Neftegaz.RU0

Venezuela regards as positive the initiative by Russia and Saudi Arabia to stabilize the global oil market

Venezuela´s Minister of Petroleum Eulogio Del Pino expressed the support for the initiative to stabilize the oil market announced by the Minister of Energy of Russia and the Minister of Energy of Saudi Arabia.

07 September 2016 , 14:05Neftegaz.RU0

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