Extract from an article by Ben Hoyle and Lily Hyde published May 1 2014 by The Times
Europe’s biggest oil company froze all future investment in Russia over the Ukraine crisis yesterday as the IMF said that the Kremlin faced an imminent recession because of Western sanctions. Royal Dutch Shell, one of the biggest foreign investors in Russian energy, warned that it would not “be jumping into new investments anytime soon” because sanctions beefed up by America and Europe in the past week could curtail its own operations.
FULL ARTICLE SUBJECT TO SUBSCRIPTION
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.