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Posts Tagged ‘Sakhalin 2’

Russia look to control world’s gas prices

The Russian national anthem blared over the loudspeakers as dozens of oilmen and officials braved the freezing cold to watch the tanker come in, celebrating the launch of year-round oil production from Sakhalin-2, the largest oil and gas project in the world.

Sakhalin Energy CEO to keep post in 2009 – Gazprom

A contract with the chief executive of Sakhalin Energy, the operator of the Sakhalin II oil and gas project off Russia’s Pacific Coast, has been extended for 2009, a Gazprom executive said Thursday.

The Big Gas Troika: A Lot of Hot Air

This article was originally published in the December 2008 issue of the IAGS Journal of Energy Security SUNDAY, 14 DECEMBER 2008 00:00 WARREN WILCZEWSKI Russia’s efforts to create within the Gas Exporting Countries Forum (GECF) a more focused “Big Gas Troika” composed of Iran, Qatar, and Russia have been identified as a serious threat to European, [...]

Sakhalin II operator begins oil exports via new terminal

YUZHNO-SAKHALINSK, December 12 (RIA Novosti) – Sakhalin Energy launched year-round oil export deliveries on Friday via a new oil terminal as part of the Sakhalin II oil and gas project off Russia’s Pacific Coast, the company said in a statement.

Mismanagement of Russian Economy Could Lead to Social Unrest

Foreign investors were given some serious lessons, when the state took over the Shell-led Sakhalin-2 project…

Sacked Russian environmental official Oleg Mitvol goes to court

Mitvol was appointed deputy head of the environmental regulator in April 2004, but came to international attention in late 2006 when he led a campaign against oil major Shell that resulted in a lucrative project being sold to Gazprom.

Sakhalin Energy’s Pipeline

Friday, November 07, 2008 Updated at 07 November 2008 0:11 Moscow Time. Gazprom’s Sakhalin Energy venture began filling an oil pipeline from Sakhalin-2 that may allow it to start year-round crude production this year.  Sakhalin Energy expects the first tanker loading at the port of Prigorodnoye by the end of 2008, said Marina Makarova, the firm’s [...]

Shell’s new chief executive needs to deliver the jam tomorrow

Shell’s traditional rival BP is a safer short-term bet. Its production growth will be faster in the short term, and the projects offer higher margins. It is also spending less to deliver that growth. This gives investors greater comfort that falling oil prices won’t endanger its dividend, and might explain why BP shares have outperformed Shell’s by 7pc in since the beginning of September.

Shell’s hilarious attempt to beef up email security

By John Donovan 7 October 2008 Shell employees will need to be even more on their guard when communicating by email or using instant messaging systems. Shell Global Security managed by Ian Forbes McCredie OBE, a former senior officer of the British Secret Service, will now have access to an archive of all such communications. The [...]

Shell’s Sakhalin influence

CampaignWatch – October 2008 Shell’s input into the Sakhalin environmental audit is questioned US-based Pacific Environment, an environmental group that focuses on the Pacific rim, says Royal Dutch Shell influenced a supposedly independent environmental audit to determine whether its controversial Sakhalin II energy project would get finance. Campaigners say dozens of emails released by the UK government under [...]

Gazprom Chief Optimistic Despite Share Price Plunge

Gazprom’s consolidated debt stood at 1.2 trillion rubles ($48 billion) at the end of 2007, up 52 percent on a year earlier, after the company acquired control both of the major Sakhalin-2 offshore project and of Moscow utility Mosenergo.

Shell plans Russian oil exploration project-source

SOCHI, Russia, Sept 19 (Reuters) – Royal Dutch Shell plans a new exploration project in Russia and is considering three oil fields in Kalmykia in the Urals as possible sites, a source familiar with the plans said on Friday.

BP’s Russian alliance with Gazprom put on ice

Plans by energy giants BP and Gazprom to exchange assets in Russia and create an international alliance for investments around the world have been shelved.

Shell accused of manipulating environmental report

businessGreen.com Energy giant accused of leaning on authors of independent environmental report to help secure financial backing for controversial oil and gas extraction project Tom Young, BusinessGreen, 01 Sep 2008 Royal Dutch Shell is facing allegations that it was heavy handed in influencing a supposedly independent environmental report on one of the world’s largest oil and gas extraction [...]

Russia – Tough Investment Environment

This article relates the saga of the Sakhalin II project, one of the earliest of the Russian production sharing agreements.