Volga Resources Raises Stake in Novatek to 18.2%

Volga Resources SICAV-SIF S.A, the Luxembourg-based investment fund, announces that it has agreed to purchase 13.13% of the issued share capital of OAO Novatek from Cartagena Development Inc. which is indirectly controlled by Novatek’s management. This transaction will take Volga’s total holding in Novatek to 18.2%. The founder and largest shareholder of Volga, Guennadi Timtchenko was... 

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Bellhaven Acquires New Properties in Colombia

Bellhaven Copper & Gold, Inc. announces that it has been granted three licenses (metallic exploration concessions) covering 6,440 hectares in the Department (Province) of Bolivar, Colombia approximately 275 kilometers from the Atlantic port city of Cartagena. The three licenses are located in the San Lucas Mountain Range in the Southern Bolivar Mineral Belt. The Southern Bolivar Mineral Belt extends... 

World’s biggest LNG tanker unloads at Enagas plant

Spanish gas distribution company Enagas on Monday said the largest liquid natural gas tanker ever to unload at a European terminal had tied up at one of its regasification plants. The 210,000 cubic metre “Q-flex” type vessel is the largest of its type in the world and set sail from Qatar, from where Spain imported some 53,000 gigawatt hours of natural gas last year, or 13 percent of the... 

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