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Are European Companies Ignoring E.U. Sanctions On Russia?

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Screen Shot 2015-06-18 at 22.09.48Are European Companies Ignoring E.U. Sanctions On Russia?

Kenneth Rapoza: 22 June 2015

…some very powerful entities in the E.U. have had it with sanctions. For example, Gazprom, Shell, E.ON and Austria’s OMV Group signed a memorandum last Thursday…

It’s been nearly a year since sectoral sanctions were slapped on Russia for its involvement in helping create a frozen conflict in Eastern Ukraine. European and American companies banned financing of Russian energy firms, and banks. They banned any joint venture deals with Russian oil and gas companies that involved exploration and production, or the selling of technologies used in E&P. But if a string of memorandum of understandings signed during last week’s St. Petersburg International Forum puts anything in the spotlight this week it is this: some very powerful entities in the E.U. have had it with sanctions. read more

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Potential serious impact on Shell from new Sanctions on Russia

Screen Shot 2014-03-10 at 23.56.16American and European explorers such as Exxon and Royal Dutch Shell Plc , which is drilling in Siberian shale rock formations, will have to act fast to avoid violating the bans. “Those new sanctions imposed on Russia by the U.S. and Europe on Friday will, among other things, force Exxon Mobil, Royal Dutch Shell… and other big oil companies to wind up their joint ventures with Kremlin-controlled Rosneft and Gazprom

By John Donovan

The territorial ambitions of the aggressive and dangerous Putin regime in Russia looks likely to undermine the fortunes of Royal Dutch Shell and ExxonMobil in Russia and the Ukraine. This is dispute the grovelling attitude towards Putin by Exxon’s Rex Tillerson and Shell CEO Ben van Beurden, who actually bowed to Putin in their last meeting

Energy Law360 reports that “The U.S. and European Union moved in conjunction to dramatically escalate new sanctions against Russia on Friday, ratcheting up pressure on Moscow’s financial, energy and defense sectors and further severing the nation’s corporate titans from lucrative capital markets in response to the persistent unrest in Ukraine. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell, Total cut Syrian oil output amid sanctions

LONDON, Nov 10 (Reuters) - Oil majors Royal Dutch Shell and Total have slashed Syrian oil production as international sanctions make exports impossible, industry sources told Reuters.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

EU prepares to embargo Syrian oil in line with US

The new measures if approved are unlikely, however, to prevent European oil companies such as Royal Dutch Shell or Total from continuing to produce crude in Syria through joint ventures.


By Justyna Pawlak: 25 August 2011

European Union governments are likely to embargo imports of Syrian oil next week to ratchet up pressure on president Bashar al-Assad, although new sanctions may be less stringent than those imposed by Washington, EU diplomats said.

A round of discussions was held in Brussels on Tuesday and EU capitals raised no objections to banning Syrian crude imports, in a move similar to a decision by the US earlier this month

The new measures if approved are unlikely, however, to prevent European oil companies such as Royal Dutch Shell or Total from continuing to produce crude in Syria through joint ventures. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

EU Urges Syria’s Assad To Quit, Mulls Energy Sanctions

Royal Dutch Shell PLC (RDSA) has interests in three production licences in Syria covering some 40 oil fields, with its share of production in 2010 approximately 20,000 barrels of oil equivalent a day. It also has exploration interests in the south of the country.

By Laurence Norman

Of DOW JONES NEWSWIRES

BRUSSELS (Dow Jones)–The European Union for the first time Thursday called on Syrian President Bashar al-Assad to step down as EU leaders threatened strong new sanctions, which could include an embargo on imports of Syrian crude oil and a ban on refined product sales to the country, a person familiar with the situation said.

In a statement promising further sanctions, the EU’s High Representative for Foreign Affairs Catherine Ashton condemned the continued crackdown on protesters. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Sanctions Fail to Cripple Iran’s Oil Industry

European oil giants BP PLC, Royal Dutch Shell PLC and Total SA have said political considerations rule out new plans to invest in Iran's petroleum sector for the time being. Shell and Total say they remain in talks about getting involved in projects.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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