Shell Russia News

Putin Says Nord Stream Blasts Carried Out on 'State level'

Mar 15, 2023

Russian President Vladimir Putin said on Tuesday that last year's blasts on the Nord Stream gas pipelines had been carried out on a 'state level', dismissing the idea an autonomous pro-Ukraine group was responsible as 'complete nonsense.'The…

100,000 barrels per day: Shell Starts Production from Vito Offshore Platform in U.S. Gulf of Mexico

Feb 16, 2023

Oil major Shell has started production from its Vito offshore platform in the US Gulf of Mexico (GoM). 'With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company's first deep-water platform in the GoM to employ a simplified…

With Reserves of its Own, Colombia Does Not Need Venezuela's Gas -Ecopetrol

Mar 13, 2023

Colombia can go without Venezuelan natural gas because of promising offshore developments of its own, Felipe Bayon, chief executive of state-controlled oil company Ecopetrol, told Reuters.Companies have proposed reactivating a dormant gas pipeline…

Russia Urges Sweden to Share Nord Stream Investigation Findings

Feb 21, 2023

Russia renewed its calls on Sweden late on Monday to share its findings from the ongoing investigation into the explosions that damaged the Nord Stream gas pipelines last year. The U.N. Security Council will meet on Tuesday to discuss 'sabotage'…

EU Announces Plans to Lead Green Industrial Revolution

Mar 17, 2023

The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition.The…

FACTBOX - Carbon Capture and Storage Projects Across Europe

Mar 07, 2023

Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground storage have gained steam across Europe over the past few years as countries seek to meet their climate goals.The interest in carbon capture and storage…

Wintershall Dea Buys 24% in Smart Well Flow Diagnostics Firm

Mar 09, 2023

Oil and gas company Wintershall Dea said Thursday it had invested in Norway-based smart well flow diagnostics provider Wellstarter. 'The Norwegian based company has developed an innovative solution, offering cost effective and real time wireless downhole flow monitoring…

Nord Stream Pipeline Blast Inquiries Ongoing, Denmark, Sweden, Germany Tell UN

Feb 23, 2023

Investigations by Denmark, Germany and Sweden into explosions on the Nord Stream gas pipelines have not yet concluded, the three countries said on Tuesday as the U.N. Security Council met to discuss the September incident.Russia, which called for the meeting…

Russia Targets Dutch North Sea Infrastructure, MIVD Says

Feb 21, 2023

Russia has in recent months tried to gain intelligence to sabotage critical infrastructure in the Dutch part of the North Sea, Dutch military intelligence agency MIVD said on Monday.A Russian ship has been detected at an offshore wind farm in…

Russia's Lukoil Looks to Sell Stake in Ghana's Pecan Offshore Field

Feb 27, 2023

Russia's Lukoil is in talks with Indian companies to sell its stake in the Pecan oilfield off Ghana, which could help to break an impasse in submitting development plans for the field, sources familiar with the matter said. Talks between Lukoil officials and Indian companies…

Technip Energies' Annual Revenue, 2023 Guidance Hit by Russia Exit

Mar 03, 2023

French oil and gas services provider Technip Energies announced on Thursday lower annual revenue and guidance for 2023, citing the impact of its exit from a major LNG project in Russia. While the project withdrawal had no financial impact on the company in 2022…

Denmark Investigates Yacht Linked to Nord Stream Blasts

Mar 09, 2023

Danish police have searched for a yacht on a tiny Baltic Sea island near the Nord Stream pipeline blast sites, the local administrator said on Thursday.German authorities confirmed on Wednesday they had raided a ship in January that may have…

Oil and Gas Profits Fuel UK Worker Demands for Just Energy Future

Mar 06, 2023

When Scott Agnew worked on deep sea oil and gas tankers and cargo boats in the 1980s, he used to count whales and dolphins for conservationists' surveys on his voyages around the world.Based in Dundee, Scotland, many of his jobs over the years have been for the offshore fossil fuel industry…

Exxon Seeks to Unblock Stalled Sale in 'challenging' Nigeria - Top Executive

Mar 06, 2023

Exxon Mobil Corp hopes to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, a top Exxon executive told Reuters. The largest U.S. oil company will keep its deep…

North Sea Regulator to Prioritize Licenses for Fast Gas Developments

Mar 08, 2023

The British regulator overseeing the latest North Sea oil and gas licensing round will prioritize companies aiming to bring natural gas to market within months, its head said on Wednesday.Britain launched last year its first oil and gas exploration…

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