Novatek

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NOVATEK and Saudi Aramco agree on cooperation

NOVATEK and Saudi Aramco agree on cooperation

Russia's NOVATEK signed a Memorandum of Understanding (MOU) with Saudi Aramco, the Saudi Arabian National Oil Company. According to the MOU, the parties agreed to collaborate internationally on natural gas projects, including LNG …

Russian oil firms discussed output cuts

Russian oil firms discussed output cuts

Russian companies support Energy Ministry proposals to cap oil output as part of a global deal, a ministry spokeswoman said on Wednesday as Moscow prepares to finalize the agreement with OPEC and other producer nations this weekend, Reuters …

Moody's confirms ratings of Russian oil and gas companies

Moody's confirms ratings of Russian oil and gas companies

Moody's Investors Service has confirmed at Ba1 the corporate family ratings (CFRs) of Gazprom, Gazprom Neft, Oil Company Rosneft, Lukoil and Novatek. The outlook on all the ratings is negative. "Our decision to confirm the …

 Forbes: Leonid Mikhelson becomes Russia's richest man

Forbes: Leonid Mikhelson becomes Russia's richest man

The co-owner of Novatek and petrochemical firm Sibur, Leonid Mikhelson, has become Russia's richest men, according to the latest rating from the US magazine Forbes.  Mikhelson is ranked 60th on the list of the …