Alexander Novak

Oil prices hit a new annual high as Saudi Arabia and Russia, the world's largest oil exporters, announced an extension of production cuts. Brent crude, the global benchmark, rose 1.8 percent and traded above ninety dollars per barrel, while...

On Monday, oil prices rose by as much as 6% after Saudi Arabia, Russia, Iraq, and other members of OPEC+ announced that they would be cutting production by as much as 1.15 million barrels per day from May until...

While speaking at the Russian-Greek business forum in Thessaloniki Saturday, Russian's Energy Minister Alexander Novak stated that Russia's Gazprom is negotiating projects that may begin in Greece via affiliated companies, including coal mining. Gazprom's presence is already felt in Greece...

Greece's Energy Minister Panos Skourletis discussed with his Russian counterpart Alexander Novak on Tuesday about the acceleration of preparatory procedures for the 9th Joint Interministerial Committee that will be held in November. The Greek Ministry confirmed that both Greek and Russian officials are on the same page...

Russia wishes to contribute in the restructuring of the Greek economy by offering facilitations through direct exports of hydrocarbons, oil and natural gas to Greece, stated Energy Minister of Russia Alexander Novak on Sunday. He said that "the Russian Federation...

Russia is planning to hold a discussion with the European Commission, and in particular with Commissioner for Energy Union Maros Sefcovic, about the infrastructure construction outlook for transporting natural gas via the TurkStream and its extension, the South European...

Greece and Russia are working on a memorandum for the construction of a "Greek pipeline" of natural gas that may be signed in Athens as early as next week, according to Russian news agency RIA-Novosti citing a Greek...