In 1993, he graduated from
Norilsk Industrial Institute as a specialist on economy and management in
metallurgy.
Norilsk Nickel accountant (1993-1999) Between 1993 and 1997, he was head of the Financial Bureau of the Accounting Department of the
Norilsk Nickel Mining and Smelting Complex. In 1997 to 1999, he headed the
tax planning department of the complex.
Entry into local and regional politics (2000–2008) From 2000 to 2002, he was
Norilsk deputy mayor for economics and finance, Norilsk's first deputy mayor. Between 2002 and 2007, he was head of the Main Finance Management of the
Krasnoyarsk Krai Administration, Deputy Governor of the Krasnoyarsk Krai and head of the Main Finance Authority of the Krasnoyarsk Krai.
Deputy finance minister (2008–2012) From September 2008 to May 2012, he was the deputy
finance minister of the Russian Federation.
Energy minister (2012–2020) and Ukrainian PM
Mykola Azarov, 27 June 2012 In May 2012, he was appointed as the
energy minister in
Dmitry Medvedev's Cabinet. On 15 January 2020, Medvedev resigned his cabinet after
President Vladimir Putin delivered the
Presidential Address to the Federal Assembly, in which the latter proposed several amendments to the constitution. On 21 January 2020, he obtained the position energy minister in
Mikhail Mishustin's Cabinet.
Deputy prime minister for energy (2020-present) In a reshuffle on
10 November 2020, Mikhail Mishustin exchanged Novak's energy ministry post for the
deputy prime minister for the Fuel–Energy Complex. Novak was a keynote speaker at the 2022 Russian Energy Week forum, which was held in Moscow from 12–14 October. On 16 March 2023, Novak met with
Saudi Arabia's energy minister, Prince
Abdulaziz bin Salman Al Saud in Riyadh, Saudi Arabia to discuss continued Saudi-Russian cooperation within
OPEC+. In May 2023, Novak and
Mishustin visited Beijing and met with Chinese president
Xi Jinping. Novak said that
Russian energy supplies to China will increase by 40 percent year-on-year in 2023. In May 2025, Putin approved Novak's
coal industry bailout plan. == Sanctions ==