A dispute between Israel and Lebanon over their maritime boundary has obstructed energy exploration in the eastern Mediterranean and risks exacerbating tensions between two foes.After months of deadlock in U.S.-mediated talks, Beirut on Sunday warned against any activity in the disputed area…
TotalEnergies could up to double its share buybacks this quarter, it said on Thursday, after soaring oil and gas prices as a result of Russia's invasion of Ukraine drove a sharp rise in quarterly earnings.The French oil and gas major, which is bolstering its renewables and electricity portfolios…
It is too soon for China's CNOOC to discuss fresh investment in Russia, though its 10% stake in a liquefied natural gas (LNG) project in the Russian Arctic is proceeding normally, Chairman Wang Dongjin said on Wednesday.Wang had been asked if…
TotalEnergies, which is maintaining assets in Russian gas projects even after Russia's invasion of Ukraine, is now looking into sourcing its gas from the United States and projects in the North Sea, its chief executive said on Thursday.'There…
Britain froze the assets of Russia's Gazprombank and Alfa Bank, and the state-run shipping firm Sovcomflot FLOT.MM, in its latest round of sanctions announced on Thursday.They were among 59 individuals and entities added to the sanctions list…
Pressure mounted on TotalEnergies over its ties to Russia as activists spray-painted its headquarters west of Paris on Monday and France's green presidential candidate accused the company and its boss of complicity with the Kremlin.TotalEnergies…
Gennady Timchenko, a long-time ally of Russian President Vladimir Putin, resigned from the board at gas producer Novatek on Monday after he was targeted by sanctions over Russia's military campaign in Ukraine.Novatek, Russia's largest private natural gas producer…
Two leading French NGOs plan to take legal action against TotalEnergies over possible human rights abuses unless it cuts its business ties with Russia following the country's invasion of Ukraine, they said in a letter to the energy major's CEO…
BP, Shell, Exxon, Equinor flag Russia exitsTotalEnergies sticks with Russian natgas assetsLNG central to TotalEnergies' strategyFrance's TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from the country after its invasion of Ukraine…
TotalEnergies condemned what it called Moscow's military aggression in Ukraine but stopped short of following rivals such as Shell and BP, which have said they will exit positions in resource-rich Russia.The French oil major, which holds a 19…
Lebanon re-launched a second offshore oil and gas licensing round for eight remaining blocks on Friday, with the deadline for submission of bids set for June 15, 2022, the Lebanese Petroleum Administration said on its website.The round was initially…
Italy's biggest banking group Intesa Sanpaolo could help fund Novatek's Arctic LNG 2 project even as some European governments show lukewarm support for the giant Russian gas project.'We are studying the dossier ... though no decision has as yet been taken…
Russian energy companies Novatek and Gazprom Neft on Friday created an exploration and production joint venture which will focus on work in the East Siberian Sea and the Chukchi Sea.As part of the agreement, Novatek acquired a 49% participation interest in OOO Gazpromneft Sakhalin…
Russian gas company Novatek has signed heads of agreement with Glencore for the long-term supply of LNG from the Arctic LNG 2 project.The agreement, signed Wednesday at Saint-Petersburg International Economic Forum, established the key commercial terms for the long-term supply of more than of 0…
Russia's largest independent natural gas producer PAO NOVATEK announced Friday that the annual general meeting of shareholders (AGM) approved the election of members to the board of directors.The following members were elected to the board of directors:Andrei I…
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