The Guardian

Shell may have to abandon £3bn stake in Russian gas plant

Kremlin sets up new firm to own Sakhalin-2 plant, with stakeholders given a month to sign up or they could lose money

Alex Lawson Energy correspondent: Fri 1 Jul 2022: 12.50 BST

Shell could be forced to abandon a £3bn investment in a huge Russian gas plant after Vladimir Putin threatened to seize the rights to the project.

The Kremlin has said it plans to transfer the rights to the Sakhalin-2 plant in the far east of Russia to a new Russian company, citing economic security and national interests. read more

Ukraine brands Shell ‘deplorable’ after accusing it of using an ‘accounting trick’ to keep buying Russian oil

By LUCY WHITE FOR THE DAILY MAIL

PUBLISHED: 21:54, 22 April 2022 | UPDATED: 09:52, 23 April 2022

Ukraine’s government has branded Shell ‘deplorable’ after accusing it of using an ‘accounting trick’ to keep buying Russian oil.

Officials in Kyiv said Western companies were continuing to ‘bankroll Putin’s war machine’ despite promising to cut ties with the Kremlin. read more

Yahoo!news

Shell to write off up to $5bn on Russia exit

Energy stalwart Shell (SHEL.L) has warned that its exit from Russia could cost it as much as $5bn (£3.8bn) in the first three months of this year.

Shell will write off between $4bn and $5bn in the value of its assets, but the post-tax impairments will not impact the company’s earnings, it said in an update ahead of its earnings announcement in May.

Thursday’s announcement offers a first glimpse of the potential financial hit to western oil companies withdrawing from the country following its invasion of Ukraine. read more

sky news

Shell boss bags 26% leap in annual pay package after COVID oil price recovery

Ben van Beurden took home 57 times more than the median Shell worker in 2021 but will be facing pressure to temper awards for the current year as surging oil and gas prices bring misery to households and business alike.

The chief executive of Shell’s pay package rose by 26% to €7.4bn (£6.2m) last year amid a recovery in oil prices from COVID crisis lows, according to the company’s annual report. read more

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

Fox Business

Shell makes ‘difficult’ decision to purchase Russian crude oil, vows to buy elsewhere ‘whenever possible’

The company says it will avoid purchasing Russian oil whenever possible

CNBC

Energy giant Shell to end partnership with Russia’s Gazprom as Ukraine conflict intensifies

• Shell said it’s selling a 27.5% stake in Sakhalin-II, an integrated oil and gas project located on the Sakhalin island in Russia, as well as a 50% interest in Salym Petroleum Development N.V.
• “We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” Shell CEO Ben van Beurden said in a statement.
• The company said that it had about $3 billion in “noncurrent assets” through its Gazprom ventures at the end of 2021.

Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues.

Shell said it’s selling a 27.5% stake in Sakhalin-II, an integrated oil and gas project located on the Sakhalin island in Russia, as well as a 50% interest in Salym Petroleum Development N.V., “a joint venture with Gazprom Neft that is developing the Salym fields in the Khanty-Mansiysk Autonomous District of western Siberia.” The company also said it’s ending its involvement in the Nord Stream 2 pipeline project. read more

Sakhalin-2 LNG postpones part of maintenance to 2021 -source

13/05/2020

Russia’s Sakhalin-2 liquefied natural gas (LNG) plant will postpone some annual maintenance work to 2021 due to logistic difficulties over the spread of the coronavirus, a source familiar with the plans told Reuters on Tuesday.

Russia’s second-largest LNG plant after Novatek-led Yamal LNG had initially planned to complete the work this summer.

However, the source said the maintenance would be done gradually, at one of two lines and start in June. The first stage of the maintenance would last about a month, the source said. read more

JANUARY 17, 2020

MOSCOW (Reuters) – Gazprom Neft, Russia’s third largest oil producer, believes Moscow’s cooperation with OPEC on output will continue into the long term, Deputy Chief Executive Vadim Yakovlev told reporters on Friday.

He praised the decision by OPEC and non-OPEC nations, a group known as OPEC+, to exclude Russian gas condensate from Moscow’s quotas under their latest agreement to curb output, a move that allows Gazprom Neft to expand its condensate production. read more

April 10, 2019: 12:58PM

ST PETERSBURG, Russia (Reuters) – Royal Dutch Shell has decided to exit the Baltic liquefied natural gas (LNG) project led by Russian state gas giant Gazprom in the Leningrad region, the chairman of Shell’s Russian unit said on Wednesday.

Shell, which has a long history of energy cooperation with Russia, said earlier on Wednesday it was studying the possible implications of a recent decision by Gazprom to move toward the full integration of its Baltic LNG and gas processing plants. read more

• AuthorLucie Roux
• EditorJonathan Dart
• CommodityNatural Gas

Moscow — Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow.

He pointed to the Far East, with the planned capacity expansion at the Sakhalin plant, the Arctic with Yamal LNG and Arctic LNG 2 projects led by Russian Novatek, and the Baltic coast, with the Baltic LNG project.

But Russia is facing a challenge from North America as capital expenditure is generally lower over there. “Projects are built in a mature market,” he said. North American projects also benefit from special partnerships, supported by a low-tax regime. read more

Shell CEO Ben van Beurden subservient bow to Putin: Good Friday 18 April 2014

Source:sputniknews.com Published: 2019/3/19 18:16:45

Russia could become the largest natural gas producer in the world, Ben van Beurden, the CEO of Shell, wrote in an article for RIA Novosti.

“The world needs more natural gas to meet rising energy demand, to complement renewables and to replace coal in power generation. And the opportunity for Russia is huge. It is already the world’s largest exporter of natural gas and it enjoys the world’s largest commercial gas reserves. It is the second largest producer of natural gas. It could be the largest,” van Beurden said. read more

Russia can become the world’s top natural gas producer – Shell CEO

Published time: 15 March 2019

The top executive says that rapidly increasing demand for natural gas has occurred due to the worldwide trend aimed at forcing out coal from power generation and the widening opportunity of available renewable energy sources.

“Russia’s chances in the field are huge,” van Beurden wrote in an article for RIA Novosti, stressing that the country is the world’s largest exporter of natural gas.

“It is the second largest producer of natural gas. It could be the largest,” he said. read more

Dec 12, 2018

MOSCOW (Reuters) – Talks about a possible asset swap deal between Royal Dutch Shell and Gazprom have been suspended, Kommersant business daily reported on Wednesday, citing Cederic Cremers, head of Shell’s business in Russia.

The memorandum on the possible asset swap was signed in 2015 and was seen as a coup for Gazprom at a time when many Western companies were reducing their exposure to Russia because of Western sanctions over Moscow’s actions in Ukraine.

Cremers also told the newspaper that the plans for the expansion of Sakhalin-2 plant, which produces 11 million tonnes of liquefied natural gas per year, hinge on the outcome of the talks with the Sakhalin-1 consortium led by Exxon Mobil Corp and Rosneft about gas supplies. read more

Published by Will Owen, Editorial Assistant
LNG Industry, Monday, 15 October 2018 09:44

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, was recently held in St. Petersburg.

The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED). read more

Olesya Astakhova

MOSCOW (Reuters) – Production of oil and natural gas at the Russian Pacific island of Sakhalin is expected to decline next year, the local government said in an emailed response to a Reuters query.

Sakhalin, which is also famous for producing seafood, derives most of its oil and natural gas from two offshore projects – Sakhalin-1, led by ExxonMobil, and Sakhalin-2, led by Russia’s Gazprom.

Sakhalin-1 shareholders also include Russia’s Rosneft, Japan’s Sodeco and India’s ONGC. Apart from Gazprom, Sakhalin-2 shareholders include Royal Dutch Shell, Mitsui and Mitsubishi. read more

Published by Will Owen, Editorial Assistant Monday 19 March 2018

Shell and Gazprom representatives have held a working meeting in St Petersburg to discuss the state and prospects of their strategic cooperation in the gas sector.

Alexey Miller, Chairman of the Gazprom Management Committee, led the Gazprom delegation; and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, and his associates represented Shell.

During the meeting, particular attention was paid to joint efforts in the LNG industry, especially the construction of the third train of the LNG plant within the Sakhalin II project. read more

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg today.

Posted by OilVoice Press – OilVoice: 22-Nov-2017

The meeting addressed relevant aspects of strategic cooperation.

Particular attention was paid to joint efforts in the liquefied natural gas (LNG) sector. The parties discussed the construction project for the third train of the LNG plant on Sakhalin Island and the progress of the Joint Study Framework Agreement for the Baltic LNG project.

The meeting also focused on the Nord Stream 2 project.

Background

Royal Dutch Shell is a British-Dutch oil and gas holding company focused on hydrocarbon production, processing and marketing in over 90 countries worldwide. read more

2017 October 5 15:37

Gazprom and Shell have confirmed their interest in implementation of the Baltic LNG project, IAA PortNews correspondent cites Aleksandr Medvedev, Deputy Chairman of the Board, Gazprom, and Maarten Wetselaar, Integrated Gas and New Energies Director, Shell, as saying at the 7th St. Petersburg International Gas Forum (SPIGF-2017).

“Baltic LNG project will develop and we are participating in it financially”, said Maarten Wetselaar.

According to Shell, global LNG demand is 265 mln t per year and its growth prospects are good, particularly due to the markets of China, India and other Asian countries. read more

Russia’s foreign partners for the Nord Stream 2 expressed a desire to stay in the project, thus indicating that the project is commercially effective.

04.09.2017: MOSCOW (Sputnik) — Gazprom’s foreign partners for the Nord Stream 2 pipeline project say they want to continue participating in the project, despite US sanctions, Russian Deputy Prime Minister Arkady Dvorkovich told Sputnik Monday.

“To find funding is not the most difficult question in this sense… Partners are needed precisely to protect the project, because it is a sign, an indicator that the project is commercially effective. The presence of foreign private partners is a signal about this, it’s not about financing as such,” Dvorkovich said answering the question about the impact of the new US sanctions against Russia in relation to the Nord Stream 2 funding. read more

Sergey Starodubtsev, the CEO of Shell NeftRoyal, said that Dutch Shell plans to increase the number of its gasoline stations in Russia to about 450.

24.8.2017: MOSCOW (Sputnik) — Anglo-Dutch oil giant Royal Dutch Shell intends to double the number of its gasoline stations in Russia to about 450, the CEO of company’s Russian subsidiary Shell Neft, Sergey Starodubtsev, said Wednesday.

“In Russia, Shell has 227 filling stations at the moment — in Moscow, St. Petersburg and other regions of Russia, for example, in Tatarstan. Do we plan to expand the network? Yes, we plan…. Shell considers Russia one of the priority regions… At least, we are planning to double the number of gas stations in Russia in the near term,” Starodubtsev said at a press conference. read more

By: Henry Foy in Moscow and Andrew Ward in London

International energy investments in Russia will suffer from new US sanctions imposed on Moscow, executives have warned… A senior executive at a western oil group with a large presence in Russia told the Financial Times that the new sanctions “could be a disaster” given its current business in the country. Mr van Beurden said Shell had authorisation from Dutch authorities to press ahead with financing of Nord Stream 2, but was waiting to see how the US situation “evolves.” read more

Russian Prime Minister Medvedev on Wednesday congratulated the Royal Dutch Shell company on the occasion of its 125th anniversary of working in Russia, and stressed that the company is deeply integrated in the Russian economy and is one of Russia’s main foreign investors.

23 June 2017

MOSCOW (Sputnik) — Earlier in the day, Russian President Vladimir Putin held a meeting with Royal Dutch Shell CEO Ben van Beurden to discuss the plans regarding the company’s future work in Russia, including the construction and financing of the Nord Stream 2 gas pipeline project.

“Today Shell is firmly integrated into our national economy and is one of our biggest foreign investors. Its companies and joint ventures are involved in various business areas: from exploration and production of mineral resources to the manufacture of fuel and lubricants and their sale at filling stations,” Medvedev wrote in a letter released by the government. read more

By Daniel J. Graeber: May 30, 2017

May 30 (UPI) — Russian energy company Gazprom said it signed agreements with Royal Dutch Shell that could expand on bilateral deals related to liquefied natural gas.

Gazprom Chairman Alexei Miller hosted delegates from Shell at his Moscow office to discuss future collaboration on projects covered under strategic cooperation agreements from 2015.

Gazprom holds a 50 percent stake in the Sakhalin liquefied natural gas project on Russia’s far eastern coast, while Shell controls a 27.5 percent stake. Japanese companies hold the remaining interest. read more

Royal Dutch Shell is a British-Dutch oil and gas company focused on hydrocarbon production, processing and marketing in over 90 countries worldwide.

Gazprom and Shell are jointly engaged in the Sakhalin II project, which includes Russia’s only active LNG plant. The Sakhalin II operator is Sakhalin Energy Investment Company Ltd. (Gazprom – 50 per cent plus one share, Shell – 27.5 per cent minus one share, Mitsui – 12.5 per cent, and Mitsubishi – 10 per cent). In 2015, Gazprom and Shell signed the Memorandum to construct the third production train of the LNG plant, as well as the Agreement of Strategic Cooperation providing for the expansion of the companies’ joint project portfolio, including a potential asset swap. read more

April 24, 2017, 11:49:10 AM EDT By MT Newswires

American depository shares of Royal Dutch Shell (RDS.A, RDS.B) were up nearly 2% Monday after the oil major said it and four European energy firms signed financing agreements for Gazprom’s proposed Nord Stream 2 pipeline project. Shell said each of the five energy companies has committed to provide financing and guarantees for up to 10% of the total cost of the Nord Stream 2 project, which is currently estimated at EUR9.5 billion ($10.3 billion). read more

Kashagan AKA “Cash All Gone”

Forgot the initial cost estimate, probably around $8-10 billion. Now 10+ years too late and ballooned to $50 billion. Most normal companies would have gone bust long ago.

Shell inherited some beauties from the boys of the roaring 90s. I hope someone will write a book one day on this era. 

Reserve crisis, Pearl, Sakhalin, Kashagan, Alaska, tarsands, and I must have forgotten a few. Repeated over-promise and under-delivery. All many billions over budget, extreme overruns in startup, loss in AAA status, removal of operational and technical expertise. I find the silence on Prelude ominous. Probably goes the same way as the others. read more

By MarEx 2016-10-05 19:55:14

Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Shell, discussed developments in their strategic cooperation, signed in 2015, this week at the sixth St. Petersburg International Gas Forum.

The parties discussed a wide range of issues related to the development of strategic partnership in the energy sector, paying particular attention to the construction project for the third production train of the LNG plant on Sakhalin Island (Sakhalin II project). It was noted that the preparation of design and FEED documentation is nearing completion. read more

Russia’s Gazprom plans to launch third LNG train at Sakhalin-2 in 2021

By Katya Golubkova | YUZHNO-SAKHALINSK/PRIGORODNOYE, RUSSIA: Thu Sep 29, 2016 | 2:25am EDT

Gazprom said on Thursday it plans to launch a third liquefied natural gas (LNG) production train at the Sakhalin-2 LNG plant in 2021, possibly fed by a newly drilled field, as Russian companies seek to boost their share of the global LNG market.

Russia accounts for less than 5 percent of the global LNG market but new plants are being built or considered by Novatek, Gazprom and Rosneft.

Located at Prigorodnoye on Sakhalin island, Sakhalin-2, Russia’s sole LNG plant, operates two production lines with a combined capacity of 10 million tonnes of LNG per year. The third train should add another 5 million tonnes. read more

YUZHNO-SAKHALINSK, Russia, Sept 28 (Reuters) – Partners at Russia’s Sakhalin-2, the sole liquefied natural gas (LNG) plant in the country, have agreed on the strategy of marketing LNG from the planned third train, Olivier Lazare, head of Royal Dutch Shell in Russia, told a conference.

Sakhalin-2 is currently operating two LNG production trains with combined capacity of around 10 million tonnes of LNG per year. The planned third train should add another 5 million tonnes of annual capacity. read more

11 July 2016

MOSCOW (Reuters) – Royal Dutch Shell (RDSa.L) is interested to take part in developing Russia’s Yuzhno-Kirinskoye field, Chief Executive Ben van Beurden told Russia’s Vedomosti daily newspaper in an interview.

He added that expansion of the Sakhalin-2 LNG project in Russia’s Pacific Island of Sakhalin may need gas both from that field and from the Sakhalin-1 project.

(Reporting by Katya Golubkova; Editing by Dmitry Solovyov)

SOURCE

ST PETERSBURG, RUSSIA | BY DENIS PINCHUK AND DMITRY ZHDANNIKOV: Mon Jun 20, 2016 8:29am EDT

Russia’s state-controlled gas giant Gazprom (GAZP.MM) could gain control over some of the assets that Shell (RDSa.L) acquired earlier this year from BG group, a senior Gazprom executive said in an interview.

Gazprom’s Deputy Chief Executive Alexander Medvedev said the BG holdings could be included in an asset swap deal between Gazprom and Shell that was announced last year. He did not say what the BG holdings were or where they were located. read more

Gazprom and Shell committed to broader cooperation in LNG sector

Greenpeace image relating to Shell/Russia Arctic Drilling Plans

June 16, 2016, 17:30

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Shell, took place today at the St. Petersburg International Economic Forum 2016.

The parties discussed the progress of and prospects for strategic cooperation in the LNG sector, paying particular attention to the construction project for the third production train of the LNG plant on Sakhalin Island (Sakhalin II project). Design and FEED documentation are currently being prepared for the new production train. read more

Shell CEO Ben van Beurden bows to President Putin of Russia.

NATALIYA VASILYEVA, ASSOCIATED PRESS: June 15, 2016 Updated: June 16, 2016 1:29pm

Following a meeting with Putin, Royal Dutch Shell’s CEO Ben van Beurden and state-owned gas giant Gazprom announced plans to build an LNG plant in Russia together. France’s Total is working with Russia’s largely private gas producer on a liquefied natural gas project.

The fact that the CEOs of top American companies have in a sense defied their government shows that they put their business interests before any political considerations, analysts say. read more

Shell CEO Ben van Beurden bows to Russian President Putin at the Kremlin: April 2014

Thu Jun 16, 2016

ST PETERSBURG, Russia, June 16 (Reuters) – Energy major Shell and Russia’s gas major Gazprom will jointly invest $13 billion in three projects in Russia, Russian Energy Minister Alexander Novak said on Thursday.

Novak said that Shell would take part in the development of Gazprom’s Yuzhno-Kirinskoye gas field offshore Russia’s Sakhalin island in the Pacific.

The two companies will also jointly invest in the Baltic Sea Liquefied Natural Gas plant and in the Sakhalin-2 LNG plant expansion. read more

Shell CEO Ben van Beurden bows to President Putin

Thu Jun 16, 2016 8:11am EDT

Gazprom and Shell signed on Thursday a memorandum of understanding on construction of a liquefied natural gas (LNG) plant on the Russian coast of the Baltic Sea.

The memorandum says the companies will look into possibilities of building the LNG plant in the port of Ust-Luga with an annual capacity of 10 million tonnes.

Gazprom and Shell are already partners in Russia’s only LNG plant on the Pacific island of Sakhalin which has a capacity of 10 million tonnes per year. read more

16 June 2016 

Russia’s Gazprom and Anglo-Dutch energy major Shell have inked a letter of understanding to begin a liquefied natural gas project at the Russian port of Ust-Luga on the Baltic Sea.

CEOs Aleksey Miller and Ben van Beurden signed the agreement at the 20th International Economic Forum in St. Petersburg.

The project aims to diversify Gazprom’s LNG sales operations and to boost its LNG portfolio.

The enterprise will reportedly include a two-train LNG plant as well as a pipeline connected to the Gazprom network. The Baltic LNG Plant will have a capacity of about 10 million tons of gas annually with an option to expand to 15 million tons. The new plant will start operating in December 2021. read more

Thu Jun 16, 2016 11:29am GMT

ST PETERSBURG, Russia, June 16 (Reuters) – President Vladimir Putin said on Thursday Royal Dutch Shell was a long-term and reliable partner for Russia.

Putin, who is attending the annual St Petersburg International Economic Forum, made his remarks after Shell CEO Ben van Beurden asked the Russian leader to help support the company’s Russian business.

Van Beurden said Shell had made a lot of progress in its Sakhalin-2 LNG project with Russian gas giant Gazprom. read more

Tue Jun 14, 2016 1:32pm GMT

MOSCOW, June 14 (Reuters) – Russian gas giant Gazprom and oil major Shell will sign a deal on a planned Baltic liquefied natural gas (LNG) project on the sidelines of a forum in St. Petersburg later this week, Kremlin aide Yuri Ushakov told reporters on Tuesday.

He said the deal will be signed in the presence of Russian President Vladimir Putin, who will meet Shell’s Chief Executive Ben van Beurden at the forum.

Gazprom plans to build the plant, which may produce up to 20 million tonnes of LNG per year, by December 2021. read more

Friday, Apr 29, 2016

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Shell, took place in St. Petersburg today.

The parties addressed the prospects for collaboration between the companies under the Agreement of Strategic Cooperation. An emphasis was placed on a potential asset swap.

The meeting also reviewed the ongoing front-end engineering design (FEED) process for the third production train of the LNG plant within the Sakhalin II project. read more

Extracts from an article by Kyle Mizokami published by THE WEEK: 29 MARCH 2016

Russia is staking its claim to the Arctic and is being more than a little unreasonable about it. In 2007 Russian robotic submarines planted the national flag under the North Pole. Russia claims the North Pole on the grounds that the Lomonosov Ridge, an extension of Russia’s continental shelf territory, passes underneath the pole.

Russia is preparing to back its claims up, too: As of 2015, it had established six new bases north of the Arctic Circle, including 16 deepwater ports and 13 airfields. Russia has deployed advanced S-400 long-range surface-to-air missiles, as well as “Bastion” supersonic anti-ship missiles, to protect Arctic bases. The vastness of the Arctic means these weapons don’t threaten other countries, but they do create fortified bases that will allow Russia to springboard ships, planes, and Arctic-trained troops into contested territory. read more

Thu Mar 24, 2016

MOSCOW, March 24 (Reuters) – There are no changes in plans to expand Russia’s Sakhalin-2 liquefied natural gas plant, operated by Royal Dutch Shell and Gazprom, Olivier Lazare, head of Shell’s operations in Russia, said on Thursday.

Gazprom and Shell plan to expand their plant on the Pacific island of Sakhalin, where Japan’s Mitsui and Mitsubishi are also shareholders, to add a further 5.4 million tonnes of annual capacity in 2021.

(Reporting by Vladimir Soldatkin; Writing by Maria Kiselyova; Editing by Alexander Winning) read more

By Stephen Stapczynski and Ichiro Suzuki: Bloomberg.com: Dec 18, 2015

Sakhalin Energy Investment Co., the only liquefied natural gas exporter in Russia, has agreed to begin design work on an expansion, the joint venture said Friday.

The partners — Gazprom PJSC, Royal Dutch Shell Plc, Mitsui & Co. and Mitsubishi Corp. — will add a third production unit at the Sakhalin-2 LNG export terminal to raise capacity by 4.8 million metric tons to 14.4 million metric tons a year, Miyuki Shiga, a Mitsui spokeswoman, said by phone. The design process will take about a year and the first cargo from the new unit is expected to ship early next decade, Shiga said. read more

Outspoken articles about Shell

2017

Shell’s litigation in the U.S. courts over misappropriated $1.4bn Nigerian oil: 18 April 2017

Ben van Beurden distracted by a wiretapping incident: 18 April 2017

Neal Katyal, the best justice money can buy: 17 April 2017

The world’s biggest ship originally with a Nazi name, now named Pioneering Spirit: 16 April 2017

Keith Ruddock and the OPL 245 scandal: 16 April 2017

Unsubstantiated allegations against Shell CEO Ben van Beurden: 16 April 2017

Shell’s Nigerian Nightmare Continues: 16 April 2017

Spectacular falling out of ‘Security Professionals’ at the top of Shell: 12 April 2017

How Shell fell out with former FBI Special Agent Crockett Oaks III: 12 April 2017

Can Shell CEO Ben van Beurden Survive OPL 245?: 11 April 2017

OPL 245: Shell admits it knew payments would go to convicted money launderer: 10 April 2017

Key role of Shell Chairman Malcolm Brinded in OPL 245 Scandal: 10 April 2017

OPL 245: I think Shell may be in a spot of bother: 10 April 2017

New leaked emails put Shell at centre of billion dollar bribery scheme…: 10 April 2017

OPL 245 Scandal: Wiretapped phone call between Ben van Beurden and Simon Henry: 9 April 2017

APRIL 2017: TOP U.S. LAW FIRMS BATTLING TO FRUSTRATE ESTHER KIOBEL LITIGATION AGAINST SHELL: 7 April 2017

Shell’s Nigerian Quagmire: 25 March 2017

Benzene exposure risks and the Norwegian Oil and Gas Industry: 23 March 2017

A/S Norske Shell Secret Meeting With Whistleblower : 22 March 2017

Shell’s tacit acknowledgement of a ‘culture of fear’: 20 March 2017

Shell Upstream Director Admits Culture of Fear Among Shell Employees: 20 March 2017

OPL 245: A falling out of thieves: 19 March 2017

Disillusioned Shell Whistleblower Runar Kjoersvik:  17 March 2017

Shell Sinking in OPL 245 Quicksand: 17 March 2017

LEAKED EMAIL FROM SHELL MD TOR ARNESEN ABOUT SHELL SPYING ON ITS OWN EMPLOYEES: 15 March 2017

Web Attack on Whistleblower by Shell Upstream Director: 13 March 2017

Employees Exposed to Benzene Contamination at Shell Nyhamna Gas Plant: 11 March 2017

Shell Multimillionaire CFO Simon Henry Departs Today: 10 March 2017

Shell confirms several countries investigating OPL 245 scandal: 10 March 2017

NEW SHELL MI6 SPY POPS UP IN OPL 245 ARTICLE: 9 March 2017

MI6 Spy Network Inside Shell: 9 March 2017

SHOW TRIAL OF A SHELL NORWAY SAFETY REP: 7 March 2017

Shell Prelude FLNG project relegated to backburner: 6 March 2017

OPL 245 scandal and Shell’s former MI6 spies: 5 March 2017

Informers regime at Shell Nyhamna Gas Plant: 4 March 2017

Kiobel vs Shell discovery doc battle continues in US Courts: 4 March 2017

LEAKED EMAILS SHOW SHELL AND ENI CONSPIRING TO HIDE PAYMENT IN CORRUPT OPL 245 DEAL: 3 March 2017

Financial tremors for Shell/Exxon (NAM) triggered by Dutch earthquakes: 2 March 2017

Shell trying to ignore media firestorm in Norway: 1 March 2017

Shell Nigerian corruption, lunch and lots of iced champagne: 28 Feb 2017

Shell, the oil giant run by unscrupulous hypocrites: 28 Feb 2017

Climate of fear at Shell Nyhamna Gas Plant in Norway: 27 Feb 2017

Dysfunction Crisis and Scandal at Shell Norway: 26 Feb 2017

Oil Resumption in Ogoni: Does Our Society Still Have Any Conscience?: 25 Feb 2017

Fake news naming Shell as an animal testing company?: 23 Feb 2017

Shell’s Role in Irish Police Corruption Scandal: 23 Feb 2017

Simon Henry sells another £1m worth of Shell shares: 17 Feb 2017

Trials and Tribulations of Royal Dutch Shell Plc: 16 Feb 2017

US Legal Battle over 100,000 Shell Internal Docs: 16 Feb 2017

US appeal against order to hand over Shell docs for Dutch case: 14 Feb 2017

Shell Charged With Corruption In OPL 245 Nigerian Oil Deal: 13 Feb 2017

Brexit, Trump, Populism and Royal Dutch Shell Plc: 12 Feb 2017

Which Members of the Royal Dutch Shell Executive Committee Approved the OPL 245 Scam?: 10 Feb 2017

Italian prosecutors seek trial of Shell Foundation Chairman Malcolm Brinded on OPL 245 Corruption Charges: 8 Feb 2017

Royal Dutch Shell CEO: Dividends No Longer No.1 Priority: 8 Feb 2017

€8.5 million Shell slush fund mishandled in Ireland: 5 Feb 2017

Reflecting on the anti-Leigh Day verdict in Shell Nigerian oil spill case: 31 Jan 2017

NIGERIAN AUTHORITIES SEIZE BILLION DOLLAR OIL BLOCK FROM SHELL AND ENI: 27 Jan 2017

Shell Nigerian Litigation: Win in UK. Loss in USA: 26 Jan 2017

A deserved shitstorm of Shell Nigerian litigation: 25 Jan 2017

A poisoned chalice for Shell’s Ceri Powell: 24 Jan 2017

New Boss of Shell Exploration: 23 Jan 2017

Discrepancy in Shell’s Corrib Gas Project financial filings?: 22 Jan 2017

Royal Dutch Shell Plc.com in Chapter 11: 21 Jan 2017

Hakluyt & Company Spying Missions For Shell: 20 Jan 2017

Royal Dutch Shell Motiva Blues: 19 Jan 2017

Royal Dutch Shell Hydrogen News: 18 Jan 2017

Think Twice Before Disclosing An Idea To Shell: 17 Jan 2017

Dramatic Breakup of Shell/Saudi Aramco jv Motiva: 16 Jan 2017

Shell a player in Iranian oil machinations: 16 Jan 2017

Esher Kiobel v Shell article published in Dutch FT: 15 Jan 2015

Resurrection of Kiobel v Royal Dutch Shell litigation: 11 Jan 2017

On 11 Jan 2017 RoyalDutchShellPlc.com will publish Court Orders involving Shell: 11 Jan 2017

Shell Chairman named in $1.3 billion OPL 245 fraud: 7 7 Jan 2017

Financial tremors for Shell and Exxon from Groningen earthquakes: 6 Jan 2017

Royal Dutch Shell hardline attitude to its employees: 5 Jan 2017

Royal Dutch Shell PLC saddled with a mountain of debt: 3 Jan 2017

OPL 245: Shell and Eni executives set to be arraigned: 1 Jan 2017

2016

Dan Etete turns on his accomplices Eni and Shell: 30 Dec 2016

Alarm Bells – Shell Pearl GTL gasifiers crippled?: 28 Dec 2016

Shell’s complicity in human rights abuses in the Niger Delta: 27 Dec 2016

ENI AND SHELL TO BE PROSECUTED OVER OPL 245 $1.1 BILLION CORRUPTION SCANDAL: 24 Dec 2016

A devastating blow for Shell in U.S. Federal Court: 23 Dec 2016

Explosive allegations around Shell and Eni’s OPL 245 deal: 23 Dec 2016

Obama’s April Fool’s Joke Approving Shell Arctic Drilling: 22 Dec 2016

RoyalDutchShellGroup.com for Shell Breaking News:21 Dec 2016

THE OPL 245 SCANDAL INVOLVING SHELL: 21 Dec 2016

Corruption of Police by Shell: 16 Dec 2016

Shell cost-cutting plan will undermine the welfare of its pensioners: 12 Dec 2016

Shell Canada President Michael Crothers says Canada should stick to its values: 29 Nov 2016

Pleased to assist Leigh Day in Suing Shell says John Donovan: 22 Nov 2016

21st Anniversary Commemoration of Ogoni Martyrs: 12 Nov 2016

LIVING IN TRUMPWORLD: 11 Nov 2016

The Uncensored History of the Shell Brent Oil and Gas Field: 9 Nov 2016

Award for deadly Corrib Gas Project: 8 Nov 2016

Irish Police, Shell, Corruption and Alcohol: 7 Nov 2016

No credibility in Shell Peak Oil Forecasts, says John Donovan: 3 Nov 2016

Hearing on Royal Dutch Shell: Committee Room 1, House of Commons Wednesday 2 November 2016: 1 Nov 2016

Lament for Royal Dutch Shell: 14 Oct 2016

CORRUPT IRISH POLICE FORCE: THE GARDA: 10 Oct 2016

Australian Government unconvinced about FLNG safety claims: 28 Sept 2016 read more

It could set major oil companies against each other but also superpower against superpower as they scramble to exploit the last untapped giant reserves in a part of the world where territorial boundaries remain unclear. No wonder some fear a new cold war.

FULL ARTICLE WELL WORTH READING

By John Donovan

Royal Dutch Shell CEO Ben van Beurden claims that he has been on a personal journey in relation to authorising Shell’s latest Arctic gamble.

All due credit for the courage needed to take such a huge risk. The same applies to Shell’s takeover of the BG Group and the alliance with the corrupt and murderous Putin regime. All could go terribly wrong.

With regards to economics, the price of oil is an important factor in all three ventures. Shell has now admitted that oil prices are likely to remain low for some time.  read more

MOSCOW | BY DENIS PINCHUK AND KATYA GOLUBKOVA: Mon 10 August 2015

Royal Dutch Shell’s (RDSa.L) plans to build a strategic alliance with Russia’s Gazprom (GAZP.MM) could be in jeopardy after the United States added one of Gazprom’s biggest gas fields to its list of Russian sanctions on Friday.

Shell and Gazprom signed an agreement in June to develop a strategic alliance in the gas sector, ranging from upstream – exploration and production – to sales, including possible asset swaps. read more

The U.S. declared one of Russia’s largest offshore oil and natural gas fields off limits to American tools and expertise, potentially disrupting Royal Dutch Shell Plc’s plans…

SHELL CEO BEN VAN BEURDEN INTERVIEW ON CNBC SEPT 2014

Stephen Bierman, Elena Mazneva and Joe CarrollL BLOOMBERG.COM: 7 AUGUST 2015

The U.S. declared one of Russia’s largest offshore oil and natural gas fields off limits to American tools and expertise, potentially disrupting Royal Dutch Shell Plc’s plans to liquefy the fossil fuel for export.

Sanctions imposed to punish Russian President Vladimir Putin’s regime for the annexation of Crimea and support for Ukrainian separatists were expanded to bar the transport of U.S.-made equipment to Gazprom PJSC’s Yuzhno-Kirinskoye field off Russia’s eastern coast, according to a U.S. Department of Commerce statement on Friday. read more

Shell Game: Anglo-Dutch Firm Deals

Asset Swap, Shell Assets for Sakhalin III Piece

By Kostis Geropoulos: 7 August 2015

Despite Western sanctions against the Russian government and businesses, Europe’s biggest oil company Anglo-Dutch Shell has agreed to swap a stake in one of its international energy assets in exchange for a piece of Gazprom’s Sakhalin III project, which involves developing one of the world’s biggest gas reserves.

The two are still deciding which asset to give the Russian gas monopoly, but the deal strengthens an already solid partnership between the two. read more