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Posts Tagged ‘Sakhalin Energy’

Shell, Gazprom to Combine Beyond Russia

By JAMES HERRON LONDON—Royal Dutch Shell PLC and Russian gas giant OAO Gazprom signed an agreement on Tuesday that will deepen their existing partnership within Russia and see them work together outside Russia for the first time, Shell said in a statement. The agreement promises “further development of bilateral cooperation in exploration and production of [...]

Gazprom and Shell To Expand Cooperation – Medvedev

MOSCOW -(Dow Jones)- Russia’s state-run gas firm OAO Gazprom (GAZP.RS) and Royal Dutch Shell PLC(RDSA.LN) are to sign a memorandum on the expansion of their cooperation in and outside Russia, Gazprom Deputy Chief Executive Alexander Medvedev said Monday. Gazprom’s cooperation with Shell could expand in Sakhalin, Medvedev said, without giving any more details on the [...]

Gazprom, Shell Sakhalin Gas Venture Reports Unexpected Profit

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 [...]

Shell Says Sakhalin LNG Project With Gazprom Turns Profit

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, [...]

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 [...]

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. THE WALL STREET JOURNAL FEBRUARY 1, 2010 Foreign-Exchange Gains Boost Gazprom’s Net By JACOB GRONHOLT-PEDERSEN Sakhalin Energy, a Gazprom joint venture with Royal [...]

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 [...]

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 [...]

Sakhalin Energy CEO Ian Craig key player in Shell Executive reshuffle

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 [...]

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.

Sakhalin Energy Halts 09 Seismic Work To Protect Whales – WWF

April 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 [...]

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.

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.

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

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.