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08.08.2014 Yamal LNG project continues despite sanctions

Russia’s Yamal LNG project and construction of the Port of Sabetta are on track despite Western sanctions, head of project operator Novatek says.

17.07.2014 New U.S. Sanctions Crash Rosneft, Novatek Stocks

The morning after U.S President Barack Obama announced increased sanctions against Russia for what Washington calls inaction in Moscow regarding deescalation of the Ukraine crisis, shares for Rosneft dropped over 5% on the MICEX Moscow Stock Exchange, while Novatek share

17.07.2014 U.S. Widens Sanctions Against Russia - Targets Rosneft, Novatek, Others

President Barack Obama imposed the biggest package of U.S. economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties.

11.07.2014 NOVATEK Produces 2.6 Percent More Gas in Q2

NOVATEK’s gross production in Q2, 2014 totaled 15.59 bcm of natural gas and 1,356 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in natural gas production by 2.6 percent and an increase in combined liquids  production by 13.2 percent, a

11.07.2014 Novatek reports preliminary operating data for second quarter and first half 2014

Novatek reported today preliminary operating data for the second quarter and first half 2014.

05.06.2014 Russia’s Novatek, Sibur announce NGL transportation, processing capacity additions

Novatek and Sibur have reported to Russia’s President Vladimir Putin on completion of a series of projects aimed at creating an integrated technological chain from hydrocarbon production to deep processing in Russia, Novatek’s and Sibur’s press offices have said.

28.05.2014 Russia’s Novatek may sell 9% stake in Yamal LNG

Independent Russian gas producer Novatek is considering selling a 9% stake in Yamal LNG to raise finances to build a second stage of the plant, CEO Leonid Mikhelson said on May 27, Prime has reported.

28.05.2014 Russia’s Novatek extends share buyback program

The Management Board of Novatek approved the extension of the share buyback program until 7 June, 2015, keeping all the terms of the program unchanged, Novatek’s press office said on May 27.

23.05.2014 Novatek signs major agreements with CNPC on Yamal LNG project

The China National Petroleum Company is taking on a key role in the development of the major Arctic gas project as it commits itself to buy an annual 3 million tons of Yamal LNG. From before, the company owns a 20 percent stake in the project.

20.05.2014 Six firms eye Montenegro's oil and gas exploration

Six companies from the USA, Austria, Italy, Russia, Greece and Great Britain submitted three offers at the public tender for awarding concessions for oil and gas exploitation in the offshore of Montenegro, reported on May 19. The companies are: