U.S. Targets Future Russian Energy Projects in Arctic in New Round of Sanctions The next round of U.S. sanctions against Russia targets the proposed Obsky LNG, Arctic LNG 1 and Arctic LNG 3 projects and companies building pipeline infrastructure for Murmansk LNG and Vostok Oil.
TotalEnergies Withdraws from Novatek Board Taking $3.7bn Loss As Novatek Announces Discovery of New Arctic Gas Field In an effort to further disentangle its involvement in Russian natural gas major Novatek, TotalEnergies vacated its spots on Novatek’s board of directors and announced a write off. The Russian company meanwhile found a new gas field boosting the prospects of a future Arctic LNG project.
