Read More Energy Industry News TotalEnergies exits Arctic LNG 2 but keeps $1.3bn loan claim subject to sanctions TotalEnergies has transferred its fully impaired 10% Arctic LNG 2 stake to a Novatek subsidiary, ending its ownership in the sanctioned project while retaining rights to about $1.3 billion of shareholder-loan reimbursement. bySrinathAugust 27, 2026