alexander novak


Russian energy minister says heard UK may reduce Russian gas imports

Mar 15 2018

Russia’s energy minister said on Thursday he “heard” that Britain was considering a reduction in gas imports from Russia.

OPEC's Barkindo says has Putin's word Russia won't flood oil market

Feb 13 2018

OPEC Secretary-General Mohammad Barkindo told CNBC on Tuesday he has President Vladimir Putin’s word that Russia will not flood the oil markets.

'Oil cos to discuss exit plan from cuts once market near balance'

Dec 23 2017

Oil producers will discuss exit strategy for their deal on cutting output once the market moves closer towards being balanced, Novak said.

Russia ready to support oil output deal as OPEC meeting looms

Nov 24 2017

Russia said it is ready to support extending a deal among oil producers on cutting output, although it has yet to say how long it should be for.

Russian minister says OPEC oil deal hurting domestic economy

Nov 23 2017

Russia’s eco min said Russia’s economic growth in Oct was negatively affected by a global deal between members of OPEC and Russia to curb crude oil production.

Russia, Saudi Arabia favour continuing oil output cut

Oct 07 2017

Russia and Saudi Arabia support the oil output cut deal, and the agreement's future should be discussed closer to its expiry date.

Saudi says oil deal with Russia helping market, demand healthy

Oct 05 2017

World energy markets can handle supplies of US shale oil as demand is rising and deals between Russia and Saudi Arabia have helped stabilize crude prices.

Oil prices driven up by futures bets, but market remains bloated

Jun 12 2017

Oil prices rose as futures traders bet the market may have bottomed after a recent steep fall, even as physical markets remain bloated by oversupply.

Indian Markets


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Global Markets


Stocks In News



Acquired New ship to enhance capacity in West Coast of India for Rs 48.8cr

TCI Seaways already has an existing capacity of 5 ships with a DWT @37360

The new ship is with a DWT 26262 and can hold 766 containers

Each container will be carrying capacity of 30 tonnes


QIP Opens Today; Floor Price Set At Rs 227.15/Share


Infra to bid for Rs 190 bn UP road project

A total of 12 firms are eligible for bidding

According to sources, the financial bid of these companies would be opened next week, probably on March 28

Reliance, PNC Infratech, NCC), L&T, BSCPL Infrastructure (formerly B Seenaiah & Company (Projects)), Sadbhav Engineering, Oriental Structural Engineers, Ashoka Buildcon, KNR Constructions, Apco Infratech, Gayatri Projects, Afcons Infrastructure have been found eligible for financial bids

A consortium led by State Bank of India (SBI) would give a credit line of Rs 150 billion for the project

Business Standard Reports 


Lowest bidder for 2 Projects in NH 753J worth Rs 448 Cr


IndiGo- Qatar to make joint bid for Air India

Indigo said its first priority would be to buy the overseas flights of Air India

Acquiring Air India will lead to a majority market share of more than 50%

Financial Express Reports

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