Russian LNG producer Novatek reported a net profit of about 463 billion rubles ($5.09 billion) in 2023. The company did not publish its financial results in 2022. In 2023, Novatek’s total revenues and normalized Ebitda, […]
French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia due to sanctions. In November 2023, the US government issued new Russia-related sanctions due to the […]
(Bloomberg) – Russia’s biggest liquefied natural gas (LNG) producer began production at its Arctic LNG 2 project — despite U.S. sanctions — in a move that could provide some relief to the tight global market […]
Russian LNG exporter Novatek was granted Russian patents for a large-scale ammonia process and a large-scale pure hydrogen process based on ammonia cracking. The low-carbon ammonia process, which Novatek developed in cooperation with Russian design […]
Russian LNG producer Novatek has formed a new unit to develop its planned Murmansk liquefied natural gas export project. According to a document posted on the website of Russia’s register of legal entities, the name […]
MOSCOW, June 9 (Reuters) – Russia’s largest producer of liquefied natural gas (LNG) Novatek last year offered technology to build a plant to produce the gas from Argentina’s Vaca Muerta field, a highly-placed source familiar […]
Russia’s largest independent gas producer, Novatek, is targeting the start-up of commercial hydrogen production and carbon capture and storage projects on the Yamal Peninsula in West Siberia within the next five years. Speaking during a […]
The heads of BP Plc, Total SE and Equinor ASA are among dozens of speakers convening for the annual International Petroleum Week conference, an event markedly different this year from previous gatherings. The industry’s flagship event in […]
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