Tag Archives: Alexander Novak

The Iranian Minister of Energy has in Russia reviewed obstacles on the way of expanding economic cooperation between Iran and Russia.

50 cooperation documents have been signed between Iran and Russia in recent years.

The US is now pumping an unprecedented 11.6 million barrel per day (bpd) of oil.

TurkStream is a transit-free gas export pipeline that will stretch across the Black Sea from Russia to Turkey.

Russian energy giant Gazprom is scheduled to begin construction in 2019 of the second section of the pipeline.

Russian Energy Minister Plans to Sign OPEC Partnership Deal.

Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran.

Russian participation was key to helping OPEC rebalance the market during 2017-18.

The Russian energy ministry told the FT that the trade would continue next week.

Russia has planned to take account of oil fields. develop their yield evaluation and revise the existing incentives for oil fields.