Novatek, Oil and Gas

Novatek may pay dividends for 2016 in the amount of 13.9 rubles per share

The Novatek's Board of Directors has recommended the general meeting of shareholders to pay the final dividends for 2016 in the amount of 7 rubles per share, the company informs.

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Novatek buys the company’s shares fro $600 thousand within buyback

In the period from 6 to 10 March 2017, Novatek acquired 50 thousand shares of the company, including global depository receipts (GDR) under the program of buyback.

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Novatek buys 193.5 thousand shares under buyback program

In the period from February 27 to March 3, 2017, Novatek redeemed 193.49 thousand of its ordinary shares, it follows from the company’s report.

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Novatek: Yamal LNG is profitable even under the most pessimistic scenario

The Yamal LNG project, implemented by Novatek on the Yamal Peninsula on the basis of the South-Tambeyskoye field, is cost-effective even under the most pessimistic scenario, and liquefied natural g

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Rosneft reduced oil extraction in January-February 2017 by 1.3% to 30.5 mln tons

In January-February 2017 Rosneft reduced oil extraction by 1.3% against January-February 2016 to 30.543 mln tons, the Central Dispatch Management of the Fuel and Energy sector reports.

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JV of Gazprom Neft and Novatek to start extraction at Yaro-Yakhinsky deposit in 2018

A JV Gazprom Neft and Novatek, Arcticgas, plans to start oil extraction at the Yaro-Yakhinsky deposit by the end of 2018, Gazprom Neft reports.

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Novatek thinks about the purchase of a large deposit in Yamal

Novatek has shown interest in the purchase of 25% in the South-Russky deposit in the Yamal Nenets Auotnomous Area from Uniper, Interfax reports.

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Novatek prepares resource base for LNG projects in Yamal and Gydan

Novatek intends to receive about 8 bln cubic m of gas and up to 800,000 tons of condensate a year from 3 deposits of the North-Russky block after reaching the plan, the chairman of Novatek, L.

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"Novatek" may be interested in buying a stake in South-Russkoye field from Uniper.

"Novatek" might be interested in acquiring a stake in the South Russkoye field from the German Uniper, which owns 25% in the field, a source familiar with the situation told "Interfa

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Novatek cut CAPEX by 47% to 30.4 bln roubles in 2016

Novatek cut CAPEX by 47% to 30.388 bln roubles in 2016, is said in the company report under IAS.
In 2015 Novatek’s CAPEX made up 57.559 bln roubles.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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