Shell Russia News

India Will Weigh What Russia Has to Offer on Sakhalin-1 Ownership Revamp

Oct 11, 2022

India maintains a 'healthy dialogue' with Russia and will look at what is offered following an announced ownership revamp to the Sakhalin-1 oil and gas project, Petroleum Minister Hardeep Singh Puri told Reuters.   Russia last week issued a…

Japan to Decide Steps on Sakhalin-1 in Consultation with Partners

Oct 11, 2022

Japan will decide what to do about the Sakhalin-1 oil and gas project in Russia's Far East in consultation with its partners as it reviews details of a decree by Moscow, Japanese industry minister Yasutoshi Nishimura said on Tuesday.Russia last…

Nord Stream Gas 'Sabotage': Who's Being Blamed and Why?

Oct 06, 2022

Major leaks that suddenly erupted in the Nord Stream gas pipelines that run from Russia to Europe under the Baltic Sea have generated plenty of theories but few clear answers about who or what caused the damage.Here is what we know and what has been said so far:WHO IS BEING BLAMED…

Safety Concerns: Norway Inspects Europipe II Subsea Gas Pipeline to Germany

Oct 07, 2022

Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.Norway…

Nord Stream Probe Finds Evidence of Detonations, Swedish Police Say

Oct 07, 2022

A crime scene investigation of the Nord Stream 1 and 2 gas pipelines from Russia to Europe found evidence of detonations, strengthening suspicions of 'gross sabotage', Sweden's Security Service said on Thursday. Swedish and Danish authorities have been investigating four leaks after the pipelines…

Celtic Sea Floating Wind in Focus

Oct 13, 2022

The Celtic Sea is well positioned to maximize its position as an early hub for floating offshore wind. Still, it’s’ going to be a huge industrial challenge not unlike the oil industry faced when developing the Brents in the 1980s, today’s Floating Offshore Wind conference in Aberdeen heard…

Aker No Longer Part of Group Seeking to Buy OMV's E&P Business

Oct 19, 2022

Norway's Aker ASA said on Wednesday it was no longer part of a consortium that had made an unsolicited offer in July to buy most of Austrian oil and gas firm OMV's exploration and production business. Austrian newspaper Kurier on Tuesday reported that Aker…

Mozambique's First LNG Exports to Europe Seen by Early November

Oct 21, 2022

Mozambique expects to ship its first liquefied natural gas (LNG) exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region…

Gazprom: NATO Mine Destroyer Device was Found at Nord Stream 1 in 2015

Oct 11, 2022

A spokesperson for Russian energy giant Gazprom said on Monday that a mine destroyer discovered at the Nord Stream 1 offshore gas pipeline in 2015 belonged to NATO. Nord Stream reported on that date in 2015 that a 'munitions object' had been cleared by the Swedish armed forces…

East Med Gas Could Help Ease Europe's Energy Crunch with Right Funding

Oct 17, 2022

East Mediterranean gas reserves can help ease Europe's energy crunch but require funding from institutions like the European Bank for Reconstruction and Development and the European Investment Bank to realise the area's full potential, an official said on Friday…

Baker Hughes Posts Quarterly Loss on Charges

Oct 19, 2022

Baker Hughes Co posted a quarterly loss on Wednesday, compared with a profit a year ago, hit by $230 million in restructuring and impairment charges relating to the oilfield services provider's latest reorganization. The company during the recent…

Gas Starts Flowing to Poland Through New Baltic Pipe Pipeline

Oct 03, 2022

Gas started flowing to Poland through the new Baltic Pipe pipeline from Norway via Denmark and the Baltic Sea on Saturday morning, Polish gas pipeline operator Gaz-System said. The pipeline is at the centre of Poland's strategy to diversify…

U.S. Offshore Wind Developer Names Its First CEO

Oct 05, 2022

Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, has appointed Joris Veldhoven as the company’s first Chief Executive Officer.The joint venture is working to develop offshore wind projects on the U…

Shell Pulls Out of Two Irish Offshore Wind Projects

Sep 26, 2022

Shell has pulled out of two offshore wind projects in the west of Ireland operated by Simply Blue Group a year after the British company acquired stakes in the developments. Shell and Simply Blue said in a joint statement on Saturday that Shell's…

OPEC+ Agrees Deep Oil Production Cuts, Biden Calls It Shortsighted

Oct 06, 2022

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.OPEC's de-facto leader Saudi…

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