Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors…

A new natural gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has put German Chancellor Angela Merkel on the hot seat and has prompted calls for sanctions from U.S. senators. Denmark gave approval on Oct. 30 for the pipeline to traverse its sub-sea territory, removing the final hurdle to its completion. Russian gas could be flowing through the conduit as soon as early next year.

1. What is Nord Stream 2?

It’s a planned 1,230-kilometer (764-mile) undersea pipeline that will carry natural gas from Russian fields to the European network at Germany’s Baltic coast. It will double the capacity of an existing undersea route — the original Nord Stream — that opened in 2011. Russia’s Gazprom PJSC owns the project, with Royal Dutch Shell Plc and four other investors including Germany’s Uniper SE and Wintershall AG providing half of the 9.5 billion-euro ($10.7 billion) in cost. As of the end of October, the link was 87% complete, according to Nord Stream. read more

Shell urges U.S. Congress to withhold Nord Stream 2 sanctions

MOSCOW (Reuters) – Royal Dutch Shell is asking the U.S. Congress not to enact sanctions against the Russia-led Nord Stream 2 undersea gas pipeline to Germany, said Cederic Cremers, head of Shell’s business in Russia.

A U.S. Senate committee passed a bill in July to place sanctions on companies and individuals involved in building the Nord Stream-2 gas pipeline from Russia to Germany.

The Donald Trump administration says the project would strengthen Moscow’s economic grip on Europe.

“If the current legislation under consideration in the U.S. Congress is passed, it will affect all of the companies involved with the project, including Shell. We therefore respectfully urge lawmakers not to enact these sanctions,” Shell’s Cremers said in emailed comments. read more

SPUTNIK: Shell Stops Sending UK-Flagged Ships Through Strait of Hormuz Over Tanker Seizure by Iran

02.08.2019

Since relations between Iran and the UK further deteriorated following the Islamic Revolutionary Guard Corps’ alleged attempt to block a BP tanker traversing the Strait of Hormuz, this British multinational oil and gas conglomerate has not sent tankers there. Its Anglo-Dutch rival has also followed suit.

The gas and oil giant Royal Dutch Shell has stated that they’ve ceased sending British-flagged vessels through the key lane for oil shipping, the Strait of Hormuz, amid the UK-Iranian tensions, exacerbated by recent incidents. They, however, will apparently continue using the route. read more

Sir Henri Deterding: Hitlers Paymaster

By John Donovan

EXTRACT FROM PAGE 07/483 from volume 1 of a four-volume work published in 2007 “A History of Royal Dutch Shell” – authored by eminent historians associated with Utrecht University. 

From 1937 Deterding, now influenced by a personal secretary with outspoken Fascist sympathies, helped to finance the paper of a Fascist splinter group in the Netherlands, just as the Group sponsored a Russian anti-Soviet press service in London. Finally, if Deterding or the Group indeed supported the Nazis during their wilderness years with any substantial sums, then one would have expected the Reichskanzlei to have acknowledged the fact in the minute considering whether or not to grant him an audience with Hitler in March 1933. However, the document mentions nothing of the kind; Deterding was turned down without further ado. read more

Russian President Vladimir Putin met the head of the Royal Dutch Shell, Ben Van Buerden, this week to discuss liquefied natural gas (LNG) projects, the Kremlin’s press service said.

As reported by bne IntelliNews, earlier this year Shell pulled out of the Baltic LNG project with Russian natural gas giant Gazprom.

“Shell is one of the largest foreign investors in [the] Russian economy, with over $15bn [in] investment. The company [has been] working in Russia since 1892, when it first sold gasoline in [the] Russian empire. We have a lot to talk about,” Putin’s press secretary Dmitri Peskov told Interfax. “To be serious, we have many projects related to LNG,” he added. read more

By Energy Reporters  | 11.06.2019

European oil giants, including Royal Dutch Shell and OMV, have signed cooperation deals with Russian energy companies during the St Petersburg International Economic Forum, despite risks of potential new western sanctions.

Since the 2014 invasion of Ukraine and the subsequent sanctions, Russian oil firms have operated with limited access to western financing and limits on production technology. 

Multinational oil firms have wound down cooperation that could be in breach of sanctions but work on conventional hydrocarbons projects continues to grow. Deals signed this week included Shell, Gazprom Neft, the oil arm of the state-run gas giant, and Spain’s Repsol agreeing to jointly develop fossil-fuel projects in the melting Russian Arctic.  read more

FRIDAY 19 APRIL 2019

Gazprom and Shell have signed a Memorandum to construct the third production train of the LNG plant (Sakhalin II), as well as the Agreement of Strategic Cooperation.

Royal Dutch Shell is a British-Dutch oil and gas holding company focused on hydrocarbon production, processing and marketing in more than 70 countries.

Gazprom and Shell are jointly engaged in the Sakhalin II project, which includes Russia’s first LNG plant. The project operator of Sakhalin II is Sakhalin Energy (Gazprom – 50 per cent plus one share, Shell – 27.5 per cent minus one share, Mitsui – 12.5 per cent, and Mitsubishi – 10 per cent). read more

Printed below is an English translation of an article published today by the Dutch FT, Financieele Dagblad.

Shell is stepping out of a mega project with Gazprom

By Joost Bosman

Energy group Shell is withdrawing from the construction of an LNG plant on the Russian Baltic coast. The Russian partner Gazprom announced at the end of March that, in addition to the installation, it would also like to build a factory that can process fat gas from Western Siberia. The Anglo-Dutch oil company does not feel like that.

“Following Gazprom’s announcement on March 29 about the final development concept of Baltic LNG, we decided to stop our involvement in this project,” said Cederic Cremers, President of Shell Russia, in a statement. read more

Shell said that its other joint projects in Russia — chief among them the Gazprom-led Sakhalin-2 LNG plant — would be unaffected by its exit from the Baltic LNG project. But Shell’s involvement in Sakhalin expires this month. Unless the Russian government decides to extend the Sakhalin deal, Shell’s portfolio of Russian projects will be left looking thin.

After three years work on the Baltic Coast project, Shell discovered that Gazprom was bringing in a company linked to Arkady Rotenberg, who is on a U.S. sanctions blacklist.

The sudden change in the line-up of partners was one of the key factors contributing to Shell’s Wednesday announcement that it was pulling out of the project, according to three sources close to Shell and two other sources familiar with the project.

Asked to comment on the reasons for withdrawing, a Shell spokesman said it had nothing to add to a previous statement that said its exit followed Gazprom’s announcement last month of its final concept for the project. Gazprom spokesman Sergei Kupriyanov said the company was not commenting. read more

APRIL 10, 2019 / 1:28 PM

* Shell exits Baltic LNG project

* Remains a shareholder in Gazprom-led Sakhalin-2 (Adds details, context)

By Vladimir Soldatkin and Shadia Nasralla

ST PETERSBURG/LONDON, Russia, April 10 (Reuters) – Royal Dutch Shell has decided to exit a Baltic liquefied natural gas (LNG) project led by Russian state gas major Gazprom on the Russian Baltic coast.

The development comes as Western firms struggle to expand in Russia because of pressure from sanctions imposed by the United States, while for Gazprom it could mean limited access to Shell’s technology as well as the need to fund the project without the help of the Anglo-Dutch major. read more

By John Donovan

Shell internal email communications obtained from Shell under the UK Data Protection Act 1998 provide proof of Shell’s intent to “kill” news coverage of John Donovan and his website, royaldutchshellplc.com.

Please read this Shell internal email about a half page news article written by then Sunday Times journalist Steven Swinford. It clearly indicates Shell’s intent to “kill” the article.

The article was about my intervention in the Sakhalin 2 project, which cost Shell its majority stake in the venture. Although the entire article was read to me over the phone by Steven Swinford hours before it was due to be published, it never appeared. read more

Royal Dutch Shell Fat Cat CEO Ben van Beurden gives a subservient bow to Russian Dictator Putin on Good Friday, 18 April 2014

Article source:sputniknews.com Published: 2019/3/19 18:16:45

Russia could become the largest natural gas producer in the world, Ben van Beurden, the CEO of Shell, wrote in an article for RIA Novosti. “The world needs more natural gas to meet rising energy demand, to complement renewables and to replace coal in power generation. And the opportunity for Russia is huge. It is already the world’s largest exporter of natural gas and it enjoys the world’s largest commercial gas reserves. It is the second largest producer of natural gas. It could be the largest,” van Beurden said. The Shell CEO recalled that Russia “has done so much with natural gas in very little time.” read more

By Dominic Walsh

Ben van Beurden has marked five years as chief executive of Royal Dutch Shell by giving a “wide-ranging interview” on climate change, his leadership style and “Shell’s biggest financial transformation” — an interview given to, erm, Royal Dutch Shell’s website. But rest assured, the oil group’s in-house journalists weren’t letting their boss off lightly. The transcript published yesterday features such hard-hitting questions as: “Who do you turn to for advice and support?” (answer: his wife, Stacey); “What are you most proud of when you look back at 2018?”; and “Why is trust so important for Shell?” A real zinger, that one.

SOURCE

Shell buys out Total’s 26% stake in Hazira LNG and Port

Shell Gas, a subsidiary of Royal Dutch Shell plc, acquired 26% equity interest in the Hazira LNG and Port from Total, to complete the acquisition. We did not disclose the financial consideration for the deal.

“The move allows Shell to build an integrated gas value chain: supply from its global LNG portfolio, regasification at the Hazira facility, and downstream customer sales. It further enables Shell to contribute towards India’s long-term need for more and cleaner energy solutions,” Shell said in the statement. read more

SOURCE

FULL ARTICLE

By John Donovan

Shell is a major investor in Putin’s Russia, which uses revenues from hydrocarbon sales to finance illegal and immoral wars against Ukraine and Syria. Not to mention the murder of Russian and UK citizens using outlawed radioactive and chemical weapons.

Shell’s main business partner in Russia is Gazprom, whose board is filled with former KGB and other questionable characters.

Shell is partnering with Gazprom on Sakhalin 2, the Nordstream II pipeline and the Baltic LNG project. read more

Shell celebrates 40 years of deep-water innovation: CISION: 15 Oct 2018

Gazprom and Shell discuss next steps in Baltic LNG project: LNG INDUSTRY: 15 Oct 2018

Shell reaches milestone on plastics plant in Northeast, potentially a Gulf competitor: Houston Chronicle: 14 Oct 2018