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Alexander Novak

Alexander Novak latest

Iran, Russia Discuss Economic, Investment Cooperation
November 10th, 2019 - 11:00 GMT

Iran, Russia Discuss Economic, Investment Cooperation

Iranian Minister of Energy Reza Ardakanian and Russian Energy Minister Alexander Novak, as co-chairman of Iran-Russia Joint Economic and Trade Cooperation, held phone talks regarding the development of economic cooperation and investment. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-a…","video_id":"a06ff7b5-e051-482b-ae88-2aba2a9cea1d","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Arab Countries in terms of Ease of Doing Business 2019"} The two sides conferred with each other on a wide spectrum of issues ranging from trade, business and economic cooperation to investment. Moreover, Ardakanian and Novak ...
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Saudi Arabia and Russia have agreed to extend the oil output reduction deal for another nine months, until march 2018. (AFP/ Joe Klamar)
May 15th, 2017 - 10:30 GMT

Saudi Arabia, Russia Back OPEC's Oil Output Cut in Joint Statement

Under the December 10 agreement, producers will lower output by nearly 1.8 million barrels per day (bpd) aiming to ease a global glut that has weighed on oil prices for more than two years.  (AFP/Joe Klamar)
January 23rd, 2017 - 06:30 GMT

OPEC launches oil cut compliance committee

Russian Oil Minister Alexander Novak (L) arrives for a meeting with his Saudi counterpart in Riyadh on October 23, 2016. (AFP/Fayez Nureldine)
October 24th, 2016 - 04:27 GMT

GCC-Russian energy meeting underway in Riyadh

In a statement Friday from OPEC on the outcome of the meetings in Istanbul, Russian Energy Minister Alexander Novak said support was growing from non-member states. (Shutterstock)
October 16th, 2016 - 04:09 GMT

Crude oil prices dip despite positive OPEC sentiment in Istanbul

Last month, Gazprom said construction could start by the end of 2017 if an intergovernmental agreement was signed in October, with the goal of completing the pipeline by 2019. (Gazprom)
October 11th, 2016 - 10:24 GMT

Turkey, Russia natural gas deal back in the pipeline

Russia and Saudi Arabia, the leading global oil producers, earlier this month agreed to work towards a possible freeze in oil output volumes to support oil prices. (Shutterstock)
September 15th, 2016 - 08:00 GMT

Pumping up: OPEC expects larger surplus next year

Saudi Deputy Crown Prince Muhammad bin Salman at the G20 Summit in Hangzhou. (AFP/Nicolas Asfouri)
September 6th, 2016 - 05:13 GMT

Saudi, Russian statement lifts oil prices despite lacking specifics of action plan

Brent and WTI crude currently stand around $39 and $37 a barrel respectively from lows of below $30. (File photo)
March 17th, 2016 - 11:00 GMT

Qatar to host oil production-freeze talks April 17

Up to fifteen oil producing countries, which produce 73 percent of the world's oil, are prepared to freeze their oil production. (File photo)
March 10th, 2016 - 08:00 GMT

Russia to hold oil production-freeze talks late March

Representatives from OPEC countries Qatar, Saudi Arabia, Venezuela, and Russia attend a press conference on Feb. 16, 2016 in Doha, Qatar. (AFP/Olya Morvan)
February 16th, 2016 - 10:52 GMT

Saudi Arabia, Russia agree to freeze oil production

Al Bawaba
February 2nd, 2016 - 09:20 GMT

Coordinated cuts to oil output unlikely despite Venezuelan push

OPEC's last meeting in November ended without concrete plans to change the status quo. (File photo)
December 29th, 2015 - 10:00 GMT

Russia's playing the blame game over oil prices

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