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Posts under ‘Sakhalin II’

The world is being held hostage

Extract from a NewsDay article by MARTIN SCHRAM published 23 July 2014 by McClatchy-Tribune News Service under the headline: Schram: The world is being held hostage Europe’s shame could be seen as a retreat inside its own protective Shell – in this case, Shell Oil, the huge Dutch-British oil company. Shell has vast gas investments in Russia’s […]

Europe fails to impose tough sanctions on Russia

Extract from a Seeking Alpha article published 23 July 2014 EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc’s foreign ministers yesterday, NYT reports. Dependent on Russia’s energy and wary of confrontation, Europe’s leaders have largely decided they will have to live with a newly assertive Russia. […]

‘Shell will try to prevent any sanctions against Russia’

Extracts from a New York Times article by Thomas Erdbrink published 23 July 2014 in the New York edition under the headline: “Despite Anger Over Downed Jetliner, Europe Shies Away From Sanctions on Russia” Shell, the Anglo-Dutch oil giant, which has its head office in The Hague, is one of the largest foreign investors in […]

Death of 193 Dutch Strains Russian Relations for Shell, Heineken

At one point the largest foreign investor in Russia, Shell declined to comment on whether its business would be affected after the downing of the plane. The company lost four employees in the incident, it said yesterday. BloombergBusinessweek article by Celeste Perri, Maud van Gaal and Fred Pals published 22 July 2014 For centuries, the fortunes […]

A Horrified Netherlands May Rethink Its Economic Ties With Russia

Extract from a BloombergBusinessweek article by Carol Matlack published 21 July 2014 The Netherlands, a nation of traders, generally doesn’t like to let politics interfere with business. The death of 193 Dutch nationals in the Malaysia Airlines  jet crash could change that. Major Dutch companies with business interests in Russia also are drawing fire for […]

Will Royal Dutch Shell Be Forced to Skedaddle From Russia?

Extract from a Motley Fool article by David Smith published 21 July 2014 under the headline: “Will ExxonMobil, BP, and Royal Dutch Shell Be Forced to Skedaddle From Russia?” Amid a crescendo of calls in Washington for the imposition of severely tightened sanctions on Moscow, following last week’s tragic shoot-down of a Malaysian airliner over […]

Royal Dutch Shell and U.S. Sanctions on Russia

Shell CEO Ben van Beurden bows to President Putin during a meeting held on 18 April 2014 By John Donovan Royal Dutch Shell directors must be feeling anxious again. For some years Shell continued to trade with Iran despite U.S. sanctions and engaged in machinations in an attempt to disguise what was going on.  Today, President […]

China gets into bed with Putin

Extract from an Investors Chronicle article published 29 May 2014 In the week in which Prince Charles demonstrated that he had inherited his father’s gift for diplomacy, Russia and China finally signed a $400bn (£238bn) gas supply deal that had been a decade in the making. The timing couldn’t have been better, at least from […]

Shell to expand investment in Russia

By John Donovan Russian energy minister Alexander Novak boasted earlier today that Shell (and ExxonMobil) are expanding operations in Russia and the Russian Foreign Ministry has said energy cooperation should not be damaged by political tensions. See extracts below from a RIA Novosti article. What the Putin regime is claiming is in absolute accordance with what […]

Shell’s exposure to Russia is a meaningful risk

Extracts from a Motley Fool article by Arjun Sreekumar published 19 May 2014 under the headline: Which Oil Majors Have the Greatest Exposure to Russia? BP, Exxon, and Shell all have significant exposure to Russia. If the U.S. and its allies were to impose a ban on the export of Western oil and gas technology to […]

Royal Dutch Shell shameful record of appeasement

By John Donovan For nearly a hundred years the Royal Dutch Shell Group has appeased and collaborated with evil regimes including Nazi Germany, Nigeria, Brunei, Saudi Arabia, Libya, Iran, Iraq under Saddam Hussein, Apartheid South Africa and with Putin of Russia, despite his annexation of Sakhalin2 and Crimea. Anything to earn a buck irrespective of ethics, […]