novatek

As part of today’s Eastern Economic Forum, PAO NOVATEK and the Japan Bank for International Cooperation signed a Strategic Cooperation Agreement (“Agreement”) on low-carbon projects. The Parties intend to cooperate on projects to produce hydrogen and ammonia, carbon capture, utilization, and storage technologies, as well as renewable energy projects in …

Viktor Orlov was an outstanding Russian geologist, who rose from a coal mine worker to the Minister of Natural Resources of the Russian Federation and, subsequently, a member of the Federation Council of the Federal Assembly of the Russian Federation, as well as President of the Russian Geological Society. For …

AO NOVATEK announced today it has established a representative office in Hanoi, the Socialist Republic of Vietnam (the “Representative Office”). The Representative Office will facilitate NOVATEK’s expansion into the global gas markets and provide continuous support for the Company’s prospective energy projects in Vietnam. The main tasks of the Representative …

ERIELL, an international oilfield services group, presents information on production indicators achieved in the first half of 2021 and upcoming projects. Despite the ongoing global economic challenges, ERIELL once again demonstrated its resilience and effectiveness having achieved new records on the most complex projects and carried out large-scale mobilizations. Vitaly …

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and six months ended 30 June 2021 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 2Q 2021 2Q 2020   1H 2021 …

The Board of Directors of PAO NOVATEK resolved to create a subsidiary called NOVATEK – LNG Fuel, which will construct small-scale LNG plants, facilitate LNG wholesale markets and develop a retail network for LNG as a motor fuel, as well as provide LNG as part of the autonomous gasification program …

The Board of Directors of PAO NOVATEK established a “Subcommittee on Climate and Alternative Energy” within the Board’s Strategy Committee comprised of Dominique Marion (Chairman), Arnaud Le Foll, Robert Castaigne, Tatiana Mitrova, Alexander Natalenko and Viktor Orlov. The Subcommittee will review various aspects of the Company’s business operations and develop …

The Board of Directors of PAO NOVATEK approved NOVATEK’s 2020 Sustainability Report that provides insights into Company’s non-financial performance to help a wide range of stakeholders learn more about NOVATEK’s sustainable business principles and the Company’s environmental, social and governance performance.  NOVATEK is honored to release its 14th Sustainability Report that …

PAO NOVATEK today announced that the FTSE Russell rating agency reconfirms that NOVATEK remains a constituent of the FTSE4Good Index following their June 2021 review for the fifth consecutive year.    NOVATEK’s overall ESG rating of 3.7 with the highest scores on Corporate Governance and Anti-Corruption themes is ahead of the majority …

PAO NOVATEK reported today preliminary operating data for the second quarter and first half 2021. In the second quarter 2021, NOVATEK’s hydrocarbon production totaled 156.6 million barrels of oil equivalent (boe), including 19.95 billion cubic meters (bcm) of natural gas and 3.1 million tons of liquids (gas condensate and crude …