Novak: OPEC+ Set to Relax Oil Cuts As Planned

• Thursday, 15th October 2020
• by Editorial Team

Russian Energy Minister Alexander Novak announced on 14 October that the OPEC+ group of leading oil producers will start easing output curbs as planned despite a global spike in coronavirus cases.

Novak: 2020 Oil Demand Could Fall by 10 mmbbl/d

• Sunday, 6th September 2020
• by Editorial Team

Russia’s Energy Minister, Alexander Novak, has predicted that global oil demand could fall by 9-10 million barrels per day (mmbbl/d) this year due to the impact of the COVID-19 pandemic.

Russia, Iran to Begin Oil-for-Goods Swaps

• Thursday, 24th August 2017
• by Editorial Team

Russia and Iran are on track to implement an oil-for-goods trade agreement.

OPEC, Russia to Discuss Oil Output

• Sunday, 9th October 2016
• by Egypt Oil & Gas

The Energy ministers from Saudi Arabia, Iran, and Iraq will be among representatives of key member's of the Organization of the Petroleum Exporting Countries (OPEC) producers meeting with Russia for informal discussi ...

Zarubezhneft Leading the Way to Post-Sanction Iran

• Tuesday, 27th October 2015
• by Egypt Oil & Gas

Russian Energy Minister Alexander Novak announced that Russia and Iran will implement joint mid-term projects worth between $35 b and $40 b