The Latest Breaking News from Novatek

For the past decade, Vladimir Putin has been quietly pursuing his goal of transforming Russia's frozen northern coast into a global shipping hub to rival the Suez canal. It's a bet that appears to be paying off at a key moment.

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast. Qatar Energy is replacing a Russian company that withdrew from the Lebanese market…

World’s fifth-largest oil firm finally bows to pressure after invasion of Ukraine, removing representatives from Novatek board

French energy giant TotalEnergies has said it will walk away from its stake in Russian natural gas producer Novatek, meaning it will take a 3.7 billion dollar (£3 billion) loss.

French energy giant TotalEnergies says it will walk away from its stake in Russian natural gas producer Novatek and take a $3.7 billion loss

French energy group TotalEnergies said Friday it was withdrawing from the board of Russian gas giant Novatek and taking a $3.7 billion hit in the wake of sanctions against Moscow.

French oil giant Total says it will soon launch exploration activities in search for gas in the Mediterranean Sea off Lebanon’s coast, following last month’s Lebanon-Israel maritime deal

QatarEnergy is in talks with the Lebanese government to acquire a 30 percent stake in an offshore exploration area and is also negotiating with TotalEnergies and Eni in this regard, announced CEO Saad al-Kaabi. Two sources told Reuters last week that TotalEnergies and the Lebanese government have reached a deal…

Lebanon signed and delivered its copy of a US-mediated sea border deal with Israel on Thursday to a US mediator, hoping to soon start exploring gas in its southern maritime blocs to bring economic stability to the crisis-ridden country. The agreement to demarcate the maritime border comes after months of…