Shell/Exxon Mobil puts Ukraine gas prospect on hold
Extract from an article by Jim Landers published on 5 March 2014 by The Dallas Morning News
Exxon Mobil and Royal Dutch Shell are heading a group selected in 2012 to explore for gas off Ukraine’s western Black Sea coast in an area called Skifska. Negotiations on a production-sharing agreement with the Ukrainian government were underway in the weeks before street battles with government opponents led the country’s president to flee to Russia.
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U.S. Hopes Boom in Natural Gas Can Curb Putin
Extracts from article by CORAL DAVENPORT and STEVEN ERLANGER published on 5 March 2014 by The New York Times
At the helm of the new energy diplomacy effort is Carlos Pascual, a former American ambassador to Ukraine, who leads the State Department’s Bureau of Energy Resources. In an interview, Mr. Pascual asserted that his team’s efforts had already weakened Mr. Putin’s hand, and had helped lower Ukraine’s dependence on Russia for natural gas supplies to 60 percent, down from 90 percent. In addition, he said, the team is helping countries develop their own natural gas resources, including in partnership with American energy giants. Halliburton has started fracking for natural gas in Poland, while Shell last year signed a contract to explore for natural gas in Ukraine.
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Posted in: Exxon Mobil, Gas, New York Times, Royal Dutch Shell Plc, Russia.
Tagged: ExxonMobil · Gas · Royal Dutch Shell Plc · Ukraine
