
Need to know
Royal Dutch Shell, the Anglo-Dutch oil and gas group, faces damaging claims over its influence on a supposedly independent environmental audit to determine whether the $22 billlion (£12.1 billion) Sakhalin II energy scheme off the coast of Russia, the worlds biggest oil and gas project, would receive vital bank funding. Shell owns a 27.5 per cent stake in the Sakhalin project, with Russias Gazprom holding just over 50 per cent. (The Observer)
http://www.guardian.co.uk/business/2008/aug/31/royaldutchshell.sakhalin
http://business.timesonline.co.uk/tol/business/industry_sectors/article4649803.ece
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