Gazprom and Shell Agreed to Co-operate in Arctic Offshore and Development of Liquid Rich Shales in West Siberia
Alexey Miller, Chairman of Gazprom Management Board, and Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell plc , in the presence of the President of Russia, Vladimir Putin, and Prime Minister of the Netherlands, Mark Rutte signed a Memorandum that sets out the principles of co-operation …
Statoil Writes off 336m USD on Shtokman 24% Share Hand Back – Shell Eyes Involvement
Statoil has written off around 2 billion crowns ($336.2 million) of investment and handed back shares in Russia‘s Shtokman gas project after investors failed to meet a deadline for an agreement, but it has remained in talks over the project reported Reuters. Located in the freezing and stormy waters of the …
Gazprom and Shell highlight Sakhalin II project success
Kuala Lumpur (Malaysia) hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell within the 25th World Gas Conference. The parties discussed bilateral cooperation in the energy sector. Alexey Miller and Peter Voser highlighted that the …
Shell May Join Shtokman Gas Project in Russia’s Arctic
Royal Dutch Shell may join Russia’s Arctic Shtokman gas project, with Gazprom keeping its majority stake, several sources told Reuters on Friday. “Talks regarding Shell’s participation in Shtokman are under way … There are different project configurations under discussion now but Gazprom will keep a 51 percent stake,” a source …
Royal Dutch Shell Announces New Upstream International Director
Shell announces today that Malcolm Brinded has agreed to step down as an Executive Director of the Company with effect from 1 April 2012. Mr Brinded has agreed to remain at Shell until 30 April 2012 in order to assist with the transition of his responsibilities. Mr Brinded is currently …