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Posts Tagged ‘Sakhalin’

Prison terms for corruption in oil and gas contracts

Photo shows Sakhalin II, Russia’s first liquified natural gas project. Courtesy of Gazprom.

Hi John,

I case you haven’t seen it, looks like there has been a corruption conviction involving Sakhalin II.  Although the story below does not mention Sakhalin II by its exact name, the story says the project “is one of the largest integrated oil and gas projects in the world and involves the exploration and development of several different oil and gas fields in the Sea of Okhotsk off Sakhalin Island (part of the Russian Federation).” read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BP to End Sakhalin Venture With Rosneft

By ALEXIS FLYNN

LONDON—BP PLC said it will end its 13-year alliance with Russian state-owned oil company OAO Rosneft to explore for oil and gas in Sakhalin, due in part to the economics of the Far East project.

The U.K.-based energy producer said that in recent meetings with the shareholders and board of ZAO Elvary Neftegaz it confirmed its intention to exit the joint venture. “There are many reasons for this decision, including the challenging economics of the discovered resource in the KV [Kaigansky-Vasuykansky] block,” BP said Friday. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Sees Window to Expand Sakhalin LNG in Asia Market

By Stephen Bierman – Dec 7, 2011 12:15 PM GMT

Royal Dutch Shell Plc. (RDSA) said its Sakhalin venture with OAO Gazprom, Russia’s natural gas export monopoly needs to expand fast to sell liquefied natural gas to Asia at maximum profit.

There’s a window of opportunity in the Asia Pacific from 2015 to 2020, Harry Brekelmans, the head of the energy company’s Russian unit, told reporters today in Moscow. The market will tighten after that with additional LNG volumes coming from Australia, Shell spokesman Maxim Shoob said today. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Russia’s oil exploration threatens gray whales

Postponing seismic work may help the whales recover, say scientists

BBC NEWS

Oil exploration plans in eastern Russia are a serious threat to gray whales in the area, say scientists with the International Whaling Commission (IWC).

The Rosneft company is due to begin a seismic survey around Sakhalin island within the next few weeks.

The IWC’s Scientific Committee is “extremely concerned” about the plans and is calling for a postponement.

The gray whale population is critically endangered, with only about 130 animals left and only 20 breeding females. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Russia invites Shell back to Sakhalin as finances plummet

In a surprise move, Russian prime minister Vladimir Putin invited Royal Dutch Shell to help develop two new oil and gas fields on Sakhalin Island, just three years after the government forced the company to cede majority control in the Sakhalin 2 project to state-controlled group Gazprom.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Russia to Cooperate With Shell on Sakhalin 3 and 4

June 27 (Bloomberg) -- Russia is prepared to cooperate with Royal Dutch Shell Plc, Europe’s largest oil producer, on oil and gas projects in the Russian Far East known as Sakhalin-3 and Sakhalin-4, Russian Prime Minister Vladimir Putin said.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Oil and gas consortium will suspend seismic activities to protect gray whales

During a meeting of the Western Gray Whale Advisory Panel (WGWAP), Sakhalin Energy - a partnership between Shell, Gasprom and other shareholders - agreed to cancel its proposed 2009 seismic activities, despite having already put plans in place for the work.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BP & Exxon ignore pleas to help worlds most endangered whales

"On the one hand, we have Shell and Gazprom at least looking at their plans to see if impacts on whales can be reduced and on the other hand we have BP, Exxon and Rosneft not even telling scientists what their plans are."

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Gazprom names Shell as top potential partner in Sakhalin-3

April 14, 2009

Need to know

Natural Resources

: The oil and gas group will hold its annual meeting on Thursday, when Peter Sutherland, the chairman, will face calls for his departure because of his involvement as a non-executive director of the troubled Royal Bank of Scotland.

Gazprom: The Russian gas group has named Royal Dutch Shell, the Anglo-Dutch oil and gas company, as a top “potential partner” in its new upstream Sakhalin-3 project in Russia’s Far East.

Oil and Gas UK: The leading lobby group for the North Sea oil and gas industry has called on the Chancellor to introduce tax concessions for its members or risk the loss of about 50,000 jobs and a sharp decline in investment in offshore exploration. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

“Wow!” said Ollila

The dispute ended in victory for the Russian side. Shell and its partners in Sakhalin Energy sold their controlling interest in the venture to the Russian state-owned energy company Gazprom, and are now minority shareholders.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BP quits failed Russian test area

BP has abandoned the Sakhalin 4 oil exploration area in Russia after wells drilled there came up dry, marking a further disappointment in what had previously been seen as one of its most promising regions.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Resource-holders still hold power

Royal Dutch Shell was forced to cede control of the Sakhalin II liquefied natural gas project in 2007 to the state-controlled Gazprom. Shell was stung by Russia's action, but in an interview on the island this week, its Chief Executive Officer Jeroen van der Veer said the company was willing to discuss more projects with the Russian gas monopoly and possibly with other national firms. "If you look at our history, we have many partnerships with NOCs, not only Gazprom," he said.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BP’s unhappy marriage to the Russian oligarchy

If it is any consolation, Shell's venture with Gazprom in Sakhalin went even further awry. It is arduous indeed, but it is hard to see a company of the stature and ambition of BP, or Shell for that matter, opting out of the Russian growth story.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Big Oil Can’t Resist the Chavez Charm

You'd think BP or Royal Dutch Shell, for instance, would be especially hesitant about cozying up to the strongman again. After all, BP saw one of its executives flee Russia to escape trumped up charges while having a power-sharing agreement forced on it. Shell was forced to sell its Sakhalin Island interests to Russian gas giant Gazprom. Such are the dangers of signing over your soul to the devil.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell may be allowed into Sakhalin III project

Royal Dutch Shell eyes participation in different projects in Sakhalin, Sakhalin III in particular. The company sees the projects as joint ventures with Russia’s holding the control stakes (51% and more). As for other Russian regions, the company is interested in the Yamal Peninsula.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Construction of 800 kilometer pipeline completed on Sakhalin

Itar Tass reported that the construction of an 800 kilometer oil and gas pipeline by the Sakhalin Energy Company has been completed.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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