Alexander Novak

Russia to cut oil output by 500,000 bpd in March

10.02.2023 - 12:21

Russia will cut oil production by 500,000 barrels per day, or around 5% of output, in March, Deputy Prime Minister Alexander Novak said on...

Russia threatens to block oil sales to countries participating in price cap

23.12.2022 - 13:48

A new Kremlin decree will ban oil and petroleum product sales to “legal entities demanding compliance in contracts with the price ceiling introduced by...

Russia warns oil price will hit $300 if West bans energy imports

08.03.2022 - 12:49

Russia has threatened to close a major gas pipeline to Germany and warned that Western countries could face oil prices of over $300 per...

Russia says failure to certify Nord Stream 2 is not an option -RBC

29.12.2021 - 10:40

Russia believes that the Nord Stream 2 gas pipeline will get the necessary certification and eventually start working, Russian Deputy Prime Minister Alexander Novak...