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Posts under ‘The Moscow Times’

Shell Welcomes Putin’s Sakhalin Offer

Prime Minister Vladimir Putin offered Royal Dutch Shell a role in the Sakhalin-3 and Sakhalin-4 natural gas projects on Saturday, just 2 1/2 years after Europe’s biggest oil producer was forced to cede control of Sakhalin-2 to Gazprom.

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Russia: Oil Exploration Law May Need Revisions

Royal Dutch Shell executives publicly complained about the rule earlier this year. The company’s director for exploration and production, Malcolm Brinded, said in February that foreign investors wanted more confidence about accessing the oil and gas riches they discover.

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Regal Denies Receiving $1.2Bln Bid From Shell

Regal CEO David Greer declined to comment, as did Shell spokeswoman Olga Gorodilina.

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BP Staff Locked Out As Visa Trouble Ends

A court order banning BP employees from working for its Russian unit, TNK-BP, came at a time when some of them were ready to come back to their jobs after a suspension, a BP spokesman said Wednesday.

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