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Posts on ‘March 8th, 2022’

Shell says it will stop buying Russian oil, natural gas

AP

Shell says it will stop buying Russian oil, natural gas

LONDON (AP) — Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid international pressure for companies to sever ties over the invasion of Ukraine.

The company said in a statement that it would withdraw from all Russian hydrocarbons, including crude oil, petroleum products, natural gas and liquefied natural gas, “in a phased manner.” read more

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