Shell Russia News

Norway Increases Gas Pipeline Checks after Nord Stream Blasts, Gassco Head Says

Oct 27, 2022

Norway, now Europe's biggest supplier of natural gas, has increased its pipeline inspections in the wake of the suspected blasts on the Nord Stream system last month, the head of the country's gas supply infrastructure told Reuters. Following the Sept…

Israel, Lebanon Finalize Maritime Demarcation Deal without Mutual Recognition

Oct 27, 2022

Israeli and Lebanese leaders finalised a U.S-brokered maritime demarcation on Thursday, bringing a measure of accommodation between the enemy states as they eye offshore energy exploration.Leaders from Lebanon, Israel and the United States have…

Santos Posts Record Revenue as LNG Prices, Volumes Soar

Oct 20, 2022

Australia's Santos Ltd said on Thursday its third-quarter revenue jumped over 88% to a record high on higher sales volumes and as a global energy crunch boosted liquefied natural gas (LNG) prices.The Adelaide-based company has benefited from…

Norwegian Police Investigate Drone Sighting Over Gas Plant

Oct 14, 2022

Norway police on Friday investigated reports of a drone flying over the Kaarstoe [Kårstø] gas plant in southwest Norway on Thursday, while in Arctic Norway a Russian-Israeli citizen was arrested when police found two drones in his car.The Norwegian…

Galp's Adjusted 3Q Income Up on Higher Oil prices, Better Margins

Oct 24, 2022

Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling of its refining margin. Oil and gas companies around the world received a boost…

'Unthinkable' That Russia Will be Excluded from Nord Stream Probe, Foreign Ministry Says

Oct 06, 2022

Russia's foreign ministry said on Thursday it was 'unthinkable' that an investigation into ruptures on the Nord Stream 1 and 2 gas pipelines would proceed without Russia's participation.Foreign Ministry Spokeswoman Maria Zakharova said the West…

Shell to Invest in Second Offshore Oil, Gas Project in a Month

Oct 03, 2022

Shell announced a second investment in Malaysia's oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply.Shell's decisions come after the war in Ukraine disrupted Russian oil and gas supplies and boosted prices…

TotalEnergies Secures Temporary Control of Lebanese Offshore Gas Project -sources

Oct 27, 2022

TotalEnergies and the Lebanese government have reached a deal handing the French oil major temporary majority control of an offshore exploration block and paving the way for negotiations with Qatar over a stake in the gas project, two sources said…

Mercedes-Benz in Offshore Wind Deal for Electricity from 2027

Oct 18, 2022

Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the carmaker said on Monday.The energy provider, which the spokesperson declined to name…

Offshore Wind Research Project Aims to Deploy Monopiles in Deeper Waters

Oct 20, 2022

A new research project, launched this week today, aims to extend the use of offshore wind monopile foundations, to support larger turbines in deeper waters, global climate consultancy the Carbon Trust has informed.'Monopiles are the cheapest and most widespread offshore wind turbine foundation…

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…

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 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…

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…

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