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Misreading the Kremlin Costs BP Control in Russia Venture

Foreign companies were relegated to minority stakes. Facing a wave of regulatory pressure, for example, Royal Dutch Shell PLC in late 2006 ceded control of a $22 billion gas project to Gazprom.

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.

Big Oil Projects Put in Jeopardy by Fall in Prices

“We’re in remission right now,” said Marvin E. Odum, the vice president for exploration and production for Royal Dutch Shell in the Americas. But once the economy picks up, he said, “the energy challenge will come back with a vengeance.”

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.

Russians control TNK-BP as foreigners leave-sources

Russian oligarchs have taken effective management control of BP's Russian oil venture TNK-BP as part of an exodus of foreign executives from senior positions, according to TNK-BP sources.

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.

BP’s troubles in Russia show Big Oil’s clout fading

Gone are the days when BP manhandled reserves out of foreign countries, as it did in Iran the early years of the last century. Once the lion of British enterprise, Russia has brushed it aside like a kitten.

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.