Highlights Novak, Putin have supported OPEC+ production deal Siluanov remains finance minister Continuity in Russian energy strategy likely Alexander Novak has retained his position as energy minister in the new Russian government led by Prime Minister Mikhail Mishustin, according to a decree posted on the Kremlin website and signed by President Vladimir Putin. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Novak has served as energy minister since 2012 and played a key role in negotiating and maintaining the OPEC+ crude production cut agreement. His reappointment, alongside constitutional changes announced by Putin last week that could see the current president retain significant power after his term expires in 2024, indicate there may be continuity in Russian energy policy despite the shakeup. “Putin will likely remain the ultimate arbiter of OPEC+ cuts,” Paul Sheldon, chief geopolitical adviser at S&P Global Platts Analytics, said in a research […]