Novak Alexander


The Kremlin will not feed Igor Sechin


Russian oilmen will not receive state support in the form of tax benefits, the president decided.

$ 50 per barrel: Novak forecasts a decline in oil prices


Oil prices will decline to $ 50 per barrel, the energy minister Alexander Novak outlined the horizon. Saudi Arabia is set at $ 80 per barrel.

Russian oilmen threaten the government with a drop in oil production


Lending their interests, the Ministry of Energy asserts that without tax benefits by 2035 oil production in Western Siberia will collapse by 45% from the level of 2021. All these figures are speculative, whereas the benefits are needed now.

"Rosseti" has planned record dividends


The company will pay 5 billion rubles as a result of 2018.

What was the result of RAO UES reform


Ex-chairman of the holding Anatoly Chubais told how the Russian energy industry has changed in 10 years.

Novak allowed the support of "Gazprom" because of the arrest of assets in the Netherlands


Energy Minister Alexander Novak did not rule out measures of state support for the gas corporation, whose assets under the lawsuit of Naftogaz were arrested in the Netherlands and Switzerland. The Ukrainian company Gazprom is obliged to return 2,65 billion dollars.

Russia has run out of modern oil production technologies


Energy Minister Alexander Novak upset President Vladimir Putin.

The US will overtake Russia in oil production in 2018


Such a forecast was provided by the International Energy Agency.