Eurasia Journal News

Gennady Timchenko Resigns from NOVATEK’s Board of Directors

PAO NOVATEK announced that Gennady Timchenko has decided to resign from the Company’s Board of Directors effective 21 March 2022. Source

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Eurasia Journal News

NOVATEK Elects New Board of Directors

OAO NOVATEK announced today that the Annual General Meeting of Shareholders (“AGM”) approved the election of new members to the Board of Directors. The following members were elected to the Board of Directors: Andrei I. Akimov:  Chairman of the Management Board of Gazprombank (Open Joint Stock Company); Burckhard Bergmann: Board …

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Eni Agrees To Sell SeverEnergia Stake for $2.9 bln to Novatek and Gazprom Neft

Italian oil and gas group Eni has agreed to sell its stake in natural gas producer SeverEnergia to Russia’s Novatek and Gazprom Neft for $2.94 billion reported Reuters. * Eni to be paid cash at closing * Enel earlier sold SeverEnergia stake to Rosneft * Eni exits upstream development in …

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Enel: Completes $1.8bn Sale of SeverEnergia to Rosneft

Italy’s biggest utility Enel has completed the $1.8 billion sale of its stake in Russian natural gas producer SeverEnergia to Kremlin-controlled Rosneft, despite resistance from other shareholders reported Reuters. The deal has increased tensions between Russia’s oil barons, a headache for Russian President Vladimir Putin as he looks to boost …

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