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Posts under ‘Gazprom’

Putin, Ukraine and Royal Dutch Shell

Sir Henri was fanatically anti-Soviet as a result of the confiscation of Shell oil fields in Russia. Might be best if Ben does not mention this past history to his new chum, Vlad the Bad, who is rather keen to restore the Soviet empire. “Had Putin asked ‘and now you kiss my ass’, I am sure van Beurden […]

Shell committed to Russia expansion despite sanctions

Extract from an article by Alexei Anishchuk published by Reuters on Friday 18 April 2014 (Reuters) – Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions imposed on the country after its annexation of Ukraine’s Crimea region. Shell […]

BP and Shell peril on the Russian front

“While BP is the biggest of Britain’s oil giants exposed to Russia, it is not alone. Royal Dutch Shell has a stake in the huge Sakhalin-2 liquefied natural gas (LNG) project off the Psacific coast of Russia, and is also working with gas giant Gazprom to drill for oil in the Russian Arttic shelf. The […]

Exxon’s ‘Bromance’ With The Kremlin

Extracts from a Forbes article by Christopher Helman published on 20 March 2014 under the headline:Will Exxon’s ‘Bromance’ With The Kremlin Help Keep Putin In Check? ExxonMobil CEO Rex Tillerson has a good relationship with Vladimir Putin. If you do a Google image search for the two men, you’ll see a dozen shots of them together, […]

Third time unlucky: why Gazprom wants no new gas war

Extracts from an article by Dmitry Zhdannikov published on 7 March 2014 by Reuters Over the past decade, Gazprom, 51-percent controlled by the state, has twice cut its supplies to Ukraine over pricing disputes with Kiev. That action also cut supplies to the EU, which gets 50 percent of Russian deliveries via Ukraine. Gazprom also […]

Gazprom and Shell Sign for Third Train at Sakhalin II

Extract from an article published by The Maritime Executive 23 Feb 2014 Sochi hosted today the signing of a memorandum-roadmap between Alexey Miller, chairman of the Gazprom Management Committee and Ben van Beurden, CEO of Shell. The document envisages the preparation of FEED documentation for the third LNG production train within the Sakhalin II project. […]

Russia’s oil giant Rosneft, Shell to eye joint projects

Extract from an article published on 23 Feb 2014 by THE VOICE OF RUSSIA Russian state oil company Rosneft and Royal Dutch Shell will eye joint projects and draw up guidelines for future cooperation, according to Rosneft’s statement issued after a meeting of the companies’ chiefs Igor Sechin and Ben van Beurden on Sunday. The […]

Chris Finlayson’s dreadful first year as chief executive at BG

LONDON EVENING STANDARD TODAY: Chris Finlayson’s dreadful first year as chief executive at BG Group was today capped by the news that profits slumped 37% to $4.16 billion (£2.54 billion) in 2013. The former Royal Dutch Shell executive said he shared shareholders’ “disappointment” at the oil producer’s many problems, which have included four profit warnings […]

Controversy over Shell/Gazprom £4 million gifts to Cambridge University

Graphic from the remarkable Guardian newspaper article: Unloveable Shell, the goddess of oil (Click on image to enlarge): Sub-headline: For a century, Shell has explored the Earth to make our lives more comfortable, But in its wake, says Andrew Rowell, lies a trail of corruption, despoliation and death The University of Cambridge has come under […]

Shell Venture Starts Fracking Giant Russian Shale Oil Formation

Royal Dutch Shell Plc (RDSA) and OAO Gazprom Neft began a drilling campaign to assess the potential of Siberia’s Bazhenov formation, reckoned to be one of the world’s largest deposits of shale oil. By Stephen Bierman Jan 13, 2014 10:56 AM GMT Royal Dutch Shell Plc (RDSA) and OAO Gazprom Neft began a drilling campaign to […]

Gazprom, Shell Agree on LNG Plant Expansion

Russia’s top natural gas producer Gazprom approved on Monday an expansion of the Sakhalin-2 liquefied natural gas (LNG) plant it co-runs with Royal Dutch Shell, bending to pressure from its Anglo-Dutch partner. Gazprom said CEO Alexei Miller and Shell’s CEO Peter Voser had met in Moscow last Friday and had agreed to recommend that Sakhalin Energy operational company’s board discuss the design of the […]

Russia starts pumping oil at Arctic rig raided by Greenpeace

MOSCOW – Russia’s state-held energy giant Gazprom said Friday it had launched production at an Arctic oil rig raided in September by 30 Greenpeace activists whom the authorities later detained for two months. The Japan Times Dec 21, 2013 MOSCOW – Russia’s state-held energy giant Gazprom said Friday it had launched production at an Arctic […]

The Rush for the Arctic’s Riches

The severe challenges of operating in the Arctic have already proved daunting for Shell, which has spent $4.5 billion to exploit reserves off Alaska but has yet to drill a single producing well. In the summer of 2012, during Royal Dutch Shell’s first attempt to probe its Arctic deposits, shifting winds and floating ice halted […]

Report: France’s Total Eyes Gazprom’s Baltic LNG Project

Without attributing the information to any sources, the paper also said Gazprom had invited Royal Dutch Shell, its partner in Russia’s only LNG plant, to join the project. by  Reuters: Wednesday, November 27, 2013 MOSCOW, Nov 27 (Reuters) – French oil major Total is looking for a stake in Russian gas firm Gazprom’s future Baltic […]