TotalEnergies sells stake in Siberia gas field to Russian oil firm Novatek

TotalEnergies is selling its stake in a Siberian gas field, owned in a joint venture with Novatek, to the Russian oil and gas company, the French energy major said on Friday amid criticism over its business dealings in Russia. The French company, unlike a number of Western rivals, has so far held on to many… Read More TotalEnergies sells stake in Siberia gas field to Russian oil firm Novatek

Russia unveils plans to build LNG-powered icebreakers for Arctic sea route

Russia plans to build its first batch of icebreakers that are powered by liquified natural gas, a top official said on Friday, returning to an idea that was put on hold. Russia has the world’s only fleet of nuclear-powered icebreakers. It is building up that fleet, hoping to develop the Northern Sea Route across its… Read More Russia unveils plans to build LNG-powered icebreakers for Arctic sea route