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Sakhalin Energy

Gazprom, Shell Sakhalin Gas Venture Reports Unexpected Profit

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July 16 (Bloomberg) — OAO Gazprom and Royal Dutch Shell Plc’s Sakhalin-2 venture in Russia posted an unexpected profit last year after oil and liquefied natural gas shipments beat targets to offset losses from a delay in the project.

The partners had estimated a loss because a delay in the start of LNG output forced them to compensate customers for contracted volumes, two people familiar with the results said, declining to be identified in line with company policy. The Yuzhno-Sakhalinsk, Sakhalin Island-based venture doesn’t report financial results. Sakhalin is off Russia’s far eastern coast. read more

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.

Shell Says Sakhalin LNG Project With Gazprom Turns Profit

Bloomberg

By Ilya Khrennikov – Jul 14, 2010

Shell Says Sakhalin LNG Project With Gazprom Turns Profit, Vedomosti Says

Royal Dutch Shell Plc said its liquiefied natural gas venture with OAO Gazprom on Russia’s Sakhalin Island reached operational profitability, Vedomosti reported, citing Chief Executive Officer Peter Voser.

Shell is seeking licenses to produce oil in Russia, both by itself and with domestic companies, Voser was cited as saying in an interview published in the Moscow-based newspaper today.

Voser also reiterated Shell’s interest in joining Russia’s second LNG project, run by OAO Novatek on the Yamal Peninsula in the Arctic, Vedomosti reported. read more

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.

Blog costs Shell US$15 Billion

Article by Glen Frost, Editor, The PR Report

Yes, 15 billion. This is the claim of John Donovan, a UK blogger who campaigns against  the global oil producing giant Shell (full name Royal Dutch Shell) using his blog www.royaldutchshellplc.com .

Arguably the most powerful blog in the world dedicated to covering one company; and intrigued as to how the site developed such influence, Glen Frost met with the blog’s founders, John and Alfred Donovan, to get the full story.

EXTRACTS

The blog is now so popular, and trusted, the site appears on the front page of major newspapers (see pictures), and has ex?employees from Shell contributing regular articles read more

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.

Gazprom raking it in at the expense of Shell

Below an extract from a Wall Street Journal article published today reporting on the profits of Gazprom and Sakhalin Energy, the company in which Shell was forced to surrender its majority stake. read more

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.

John Donovan Russian intervention cost billions – no denial by Shell

Documents released by Royal Dutch Shell Plc under the Data Protection Act to John Donovan, a prominent critic of the world’s largest oil company, show that Shell does not deny that his intervention in the Sakhalin2 project in Russia cost Shell billions – according to the Sunday Times – $22 billion.

Shell internal correspondence from December 2006 to March 2007 reveal that Shell was concerned that:

“…the Sunday Times has picked up the Sakhalin/drilling leaked e-mail story from Donovan’s website, They are responding with agree Os and As that have been used previously with the Guardian, but are first trying to kill the story by pointing out that is old news – slim chance that this will work.” read more

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.

Sakhalin Energy CEO To Head Embattled Shell Africa Unit

THE WALL STREET JOURNAL

JUNE 19, 2009, 10:53 A.M. ET

LONDON (Dow Jones)–Sakhalin Energy’s chief executive, Ian Craig, is to head Royal Dutch Shell PLC’s (RDSB.LN) embattled Africa unit, with the incumbent moving to the firm’s Australian business, according to an email Friday, as the oil major’s corporate shakeup continues.

In comments sent to Dow Jones Newswires via the Shell press office, Ann Pickard, Shell’s current vice president for exploration and production in Africa, said: “Major changes take place in Shell’s leadership, and after four exciting years running our upstream business in Africa, I will look after our gas and oil production in Australia.” read more

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.

Sakhalin Energy CEO Ian Craig key player in Shell Executive reshuffle

Ian Craig, CEO, Sakhalin Energy

Ian Craig, CEO, Sakhalin Energy

THE WALL STREET JOURNAL

Shell Mulls Sakhalin JV CEO To Head Africa Op – Source

JUNE 19, 2009, 5:28 A.M. ET

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDBS.LN) is considering Sakhalin Energy Chief Executive Ian Craig to head its embattled West Africa operation, a person familiar with the matter said this week, as Shell’s incoming chief executive, Peter Voser, extends its corporate shakeup.

As head of Sakhalin Energy Investment Co. Ltd., Craig presided over Shell’s single largest and most challenging oil and gas project before OAO Gazprom (GAZP.LN) took control in 2007. read more

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.

Japan joins Russian push for Pacific gas projects

The first cargo of liquefied natural gas (LNG) from the Gazprom-led Sakhalin-2 project arrived in Japan last month. The next wave of projects could include a gas processing plant near Vladivostok, Miller said.

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.

Sakhalin Energy Halts 09 Seismic Work To Protect Whales – WWF

CNNMoney.com

Dow JonesApril 24, 2009: 11:50 AM ET

LONDON -(Dow Jones)- Sakhalin Energy, which recently started a large liquefied natural gas plant in Russia’s far east, has canceled all planned 2009 seismic surveys following pressure from environmental groups and scientists seeking to protect the habitat of the Western Gray Whale, the Russian branch of the World Wildlife Fund said in a statement Friday.

The WWF Russia called on other companies operating in the area -BP PLC (BP), ExxonMobil Corp. (XOM) and OAO Rosneft (ROSN.RS) – to take similar action. read more

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.

Shell, Gazprom sign LNG, pipeline supply agreements

Miller and Shell chief executive Jeroen Van der Veer also discussed further collaboration in LNG projects in Russia when they met Wednesday to sign the agreements, the statement said.

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.

Unexpected friends

When a consortium called Sakhalin Energy, led by Royal Dutch Shell, announced plans to build an oil platform and lay pipelines in the only bay where the whales were known to congregate, these protests proliferated.

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.

Russia ships first Sakhalin LNG to Japan

MOSCOW, March 29 (Reuters) - Russia sent its first cargo of liquefied natural gas (LNG) to Japan on Sunday from a Pacific island project that will allow the Kremlin to extend its reach in world energy markets from Europe into Asia and North America

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.

Russia opens new energy supply front to Asia

The inauguration of the Sakhalin-2 project comes after years of delays and political wrangling over control of the venture in which Royal Dutch Shell was forced to sell control to Gazprom, Russia’s state-controlled gas monopoly, at the height of the Kremlin’s bid to reassert control over the energy sector in 2006.

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.

Sakhalin Energy to export about 50 LNG lots in ’09

Gazprom bought control of the $22 billion Sakhalin-2 project after a prolonged crisis that forced Royal Dutch Shell (RDSa.L), the project's former leader, and its partners to reduce their holdings. Analysts had expected the battle would lead to delays. Shell is now a minority shareholder, along with Japan's Mitsubishi (8058.T) and Mitsui (8031.T).

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.

Sakhalin Energy terminates offshore support rig contract

Sakhalin Energy Investment Company Ltd has convenience terminated the remaining contract duration for the use of the Safe Astoria accommodation support rig offshore Sakhalin Island in the Russian Federation. Sakhalin Energy had originally contracted the Safe Astoria for a period of around two years from December 2007.

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.

Shell Criticized for Manipulating Environmental Audit Report

Dozens of e-mails secured through the Freedom of Information Act show how Shell officials in London attempted to downplay and edit environmental criticism of the $22 billion Sakhalin II energy scheme.

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.
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