12 articles
Financial Times reports an Alaska LNG developer received funding from sanctioned Russian firm Novatek prior to US Treasury approval. The project aims to start gas deliveries from Alaska's North Slope
Russian LNG producer Novatek has acquired at least two Arc4 ice-class carriers to expand its Arctic fleet amidst Western sanctions. The vessels, previously operated by MOL, were reflagged to Panama to
Novatek reported third-quarter natural gas production rose 4.9% year-on-year to 21.1 billion cubic meters, while oil and condensate output increased 1.3% during the same period.
Ukrainian drones struck an energy facility in Russia's Yamal-Nenets region for the first time, causing a fire at a site near Novyi Urengoy, a key natural gas hub operated by Gazprom and Novatek.
Russia's Novatek-led Arctic LNG 2 project is seeking $1 billion in damages from Hanwha Ocean over cancelled tanker contracts amid U.S. sanctions. The dispute concerns six Arc7 tankers intended for the
TotalEnergies may recover approximately $1.3 billion in loans after exiting its stake in the sanctioned Arctic LNG 2 project, transferring ownership to Novatek while retaining compensation rights subj
Sources report Novatek's Ust-Luga gas condensate processing complex was damaged in a drone attack on August 14, though oil export operations remain unaffected. Damage extent to the facility refining n
Russia's Novatek reported a 3% year-on-year decline in first-half net profit to $2.8 billion despite a 4% revenue increase to 836.3 billion roubles, citing higher expenses.
TotalEnergies will transfer its 10% stake in Russia's Arctic LNG 2 project to Novatek subsidiary Nordline following regulatory approval, citing Western sanctions and prior impairments.
Ukrainian drone strikes damaged facilities at key Russian Baltic ports handling oil, gas, and fertilizers, threatening export volumes. Operations at terminals operated by major energy firms like Trans
Russia's LNG exports surged 11.5% to 14.5 million tons between January and May, driven by new Arctic LNG 2 supplies. Shipments to Europe rose 16.7%, while major producers Novatek and Gazprom maintaine
Russia's LNG exports increased 8.6% to 11.4 million tons from January to April, boosted by the Arctic LNG 2 project despite sanctions. Shipments to Europe jumped 20.8%, while Novatek's Yamal LNG volum
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