Search results for: alexander novak

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  • 7 March 2017

    Despite difficulties posed by international sanctions and the downturn in the past two to three years, the Russian hydrocarbons industry has demonstrated positive results, helped by a very liberal investment regime that incentivizes greenfield developments and further production of brownfields. The agreement between OPEC and non-OPEC countries to cut productions helped reduce volatility and prompted […]

  • 16 October 2012

    Russian and Serbian energy ministers Alexander Novak and Zorana Mihajlovic have signed an intergovernmental agreement in Belgrade on Russian natural gas supplies to Serbia. The agreement covers the period from 2012 to 2021. The document envisions annual supplies of up to 5 billion cubic meters of natural gas to Serbia. Based on the agreement, negotiations […]

  • 18 February 2013

    According to Russia’s energy minister, Zarubezhneft has expressed its desire to take part in oil and gas projects in Iran. Iran has invited Russian companies to take part in developing some of its oil and gas fields, Energy Minister Alexander Novak said. Iran’s Foreign Minister Ali Akbar Salehi and Russia’s Energy Minister Alexander Novak have […]

  • 22 October 2014

    Exxon Mobil has stopped its joint Kara Sea drilling operations with Rosneft due to the sanctions imposed by the West. According to Reuters, Russian Energy Minister Alexander Novak today said he hoped that the withdrawal of Exxon Mobil would not affect wider offshore exploration efforts in Russia’s Arctic. “I hope that Exxon’s departure won’t delay shelf projects,” […]

  • 22 January 2015

    Russian Prime Minister Dmitry Medvedev, Russian Energy Minister Alexander Novak and Gazprom’s Management Committee Chairman Alexey Miller held a meeting to discuss Russian relationship with Ukraine in the gas sector.

  • 22 January 2015

    Russian Prime Minister Dmitry Medvedev, Russian Energy Minister Alexander Novak and Gazprom’s Management Committee Chairman Alexey Miller held a meeting to discuss Russian relationship with Ukraine in the gas sector.

  • 24 February 2014

    Russian Energy Minister Alexander Novak says his country is in talks with Iran for increasing energy cooperation with a view to raising trade exchanges. “Last year, the 10th session of the intergovernmental commission was held in Moscow. The parties discussed different variants to increase trade turnover,” Novak said, Iran’s SHANA news agency reported. He added […]

  • 8 September 2014

    Novatek, Russian independent gas producer and owner of a 60 percent stake in the Yamal LNG project, has been granted the permission to export the chilled gas. According to the Deputy Energy Minister Kirill Molodtsov, the license was signed by Energy Minister Alexander Novak on September 5, reports ITAR-TASS. Earlier in the year Russian Prime […]

  • 31 March 2017

    Gazprom’s subsidiary, Gazprom Neft, has signed a memorandum of understanding with India’s ONGC Videsh on joint implementation of offshore projects. Gazprom Neft and ONGC Videsh, a subsidiary of India’s Oil and Natural Gas Corporation, signed the deal in the presence of the Russian Minister of Energy Alexander Novak on Thursday, March 29, during the International […]

  • 26 September 2013
    Business & Finance

    Late last night Vladimir Putin chaired a meeting on creating modern facilities for the production of liquefied natural gas on the Yamal Peninsula – the Yamal LNG project – and building the Sabetta seaport. The meeting was attended by Chief of Staff of the Presidential Executive Office Sergei Ivanov, presidential aides Andrei Belousov and Igor […]

  • 13 May 2014

    A working meeting took place yesterday, May 12, among Dmitry Medvedev, Russian Prime Minister, Alexander Novak, Russian Energy Minister and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller informed Dmitry Medvedev that Ukraine’s total debt for Russian gas, including for the past year, totaled USD 3.508 billion. It was pointed out that Ukraine had made small payments […]

  • 3 July 2017

    Russian gas giant Gazprom elected a new board of directors during its annual shareholder’s meeting held on Friday in Moscow.  Viktor Zubkov has been renamed as chairman of the Gazprom board of directors, while the company’s Chief Executive Alexey Miller, has been renamed as deputy chairman of the board, according to a Gazprom statement. Other […]

  • 6 February 2015

    Novatek-operated Yamal LNG project is taking strides forward.

  • 1 July 2016

    Russia’s gas giant Gazprom elected a new board of directors during its annual General Shareholders Meeting held on Thursday.

  • 6 February 2015

    Novatek-operated Yamal LNG project is taking strides forward.

  • 17 October 2013

    Russia’s Energy Minister Alexander Novak said on Wednesday that the country expects to liberalize its LNG exports from January 1, and a bill will be submitted to the parliament shortly. “The work as of today has been finalised … It has been coordinated and agreed by all the ministries of the cabinets, and in the […]

  • 26 November 2013

    Serbia hosted the ceremony of welding the first joint of the Serbian section of the South Stream gas pipeline. The ceremony took place in the vicinity of Sajkas village, South Backa District. Taking part in the event via video link from the Palace of Serbia in Belgrade were Alexey Miller Chairman of the Gazprom Management […]

  • 6 June 2016

    Novatek of Russia, the operator of the Yamal LNG project is looking to set up a joint venture with Qatargas, according to Alexander Novak, Russian energy minister.

  • 5 September 2014

    Rosneft said it started production on the Northern Tip of Chayvo field on the Sakhalin Island. President of Russian Federation Vladimir Putin led the ceremony in a video link from Gorno-Altaysk. Russian Energy Minister Alexander Novak and head of Rosneft Igor Sechin were present on the Sakhalin Island. The Northern Tip of Chayvo field contains more […]

  • 3 December 2015
    Business & Finance, Operations & Maintenance

    Russia has suspended talks over Turkish Stream gas pipeline project after relationship between the two countries went downhill, following the shooting down of the Russian air force jet by the Turkish military last week. Russian Energy Minister Alexander Novak told reporters Thursday that all negotiations over the Turkish Stream pipeline have been suspended. In December […]

  • 19 June 2015
    Project & Tenders

    Russia will have to wait some more to see its Arctic drilling operations kick off again. According to Reuters, which quoted Russia’s energy minister Alexander Novak, Arctic offshore drilling originally planned for 2015, will be delayed for next year or event later.   To remind, Rosneft, the Russian oil giant, last year struck oil in the […]

  • 26 July 2013

    Russian Energy Minister Alexander Novak, Prime Minister of Macedonia Nikola Gruevski and Minister of Finance Zoran Stavreski signed a bilateral agreement on construction of the branch of the South Stream gas pipeline to Macedonia. This agreement will increase energy security of both countries and will establish favorable conditions for engineering, construction and operation of the […]