Shell Russia News

Interfax: Nord Stream 2 Gas Pipeline to be Filled by Year-end

Dec 23, 2021

Russia's Gazprom will complete the filling of the Nord Stream 2 gas pipeline by the end of this year, Chief Executive Alexei Miller said on Thursday, according to the Interfax news agency.The first of the two lines of the pipeline, which runs from Russia to Germany…

White House Welcomes OPEC+ Decision to Stick to Planned Output Increase

Jan 04, 2022

The White House on Tuesday welcomed a decision by top oil producers to stick with their plans to raise crude production and touted 'close' coordination with Saudi Arabia and the United Arab Emirates.Earlier on Tuesday, a group of producers comprising…

Nord Stream 2 Starts Filling Second Pipe with Gas

Dec 20, 2021

Nord Stream 2 AG said on Friday it had started filling its second pipe with natural gas, stepping up preparations to launch a project that has sparked global political tensions and is yet to get the green light from Germany.'Like the first string (pipe)…

Wood Nets UK North Sea Assignments Worth $160 Million

Dec 20, 2021

UK-based energy industry engineering services firm Wood said Monday it had secured a series of UK North Sea contract awards with key clients in the fourth quarter of 2021, including Shell UK and Dana Petroleum.Wood said that the contracts were collectively valued at around $160 million…

OPEC+ to Stick with Planned February Output Increase, Sources Say

Jan 03, 2022

OPEC+ is expected to stick to its plans for a February output increase when it meets on Tuesday, predicting a mild and short-lived impact on demand from the Omicron coronavirus variant, three sources from the group of oil producers told Reuters on Monday…

Can We Still be Friends? Shell Sends Parting Note to Dutch Prime Minister

Dec 13, 2021

On the day that shareholders of Royal Dutch Shell PLC voted to move the company's headquarters to London from The Hague, the company sent a letter to the Dutch prime minister to soften the blow.Signed by Shell CEO Ben van Beurden, the letter…

OPEC+ Decision Reflects Easing Concern of Oil Surplus, Omicron Risk

Jan 04, 2022

OPEC+'s decision this week to stick to its planned increase in oil output for February reflects easing concern of a big surplus in the first quarter, as well as a wish to provide consistent guidance to the market, sources and analysts said.The producer group…

QatarEnergy Buys Into Shell's Offshore Blocks in Egyptian Red Sea

Dec 13, 2021

Qatari national oil and gas company QatarEnergy has agreed to buy working interests in two offshore exploration blocks on the Egyptian side of the Red Sea from Shell. QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4.Block…

CETO JIP to develop Low Pressure Solutions for CO2 Ship Transport

Dec 29, 2021

Equinor, Shell, TotalEnergies, Gassco and DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships. The CETO (CO2 Efficient Transport via Ocean) JIP will carry out the technology qualification…

W. Africa Crude-Some Angolan Spot Moves

Dec 24, 2021

A few Angolan spot cargoes changed hands on Thursday, while results from a few tenders were still outstanding.Angola's state oil firm Sonangol sold its last February spot cargo, a Girassol, to Exxon Mobil after offering it at dated Brent plus 50 cents a barrel…

Shell Makes 'Material' Deepwater Oil Discovery in U.S. Gulf of Mexico

Dec 10, 2021

Oil major Shell has this week announced 'a material' discovery at the Blacktip North prospect in the U.S. Gulf of Mexico, ~220 miles SSE of Houston. Blacktip North is located in OCS block Alaminos Canyon (AC) 336, approximately 4.5 miles northeast of the recently appraised Blacktip discovery…

Ocean Winds, Shell JV Signs 400 MW Offshore Wind Deal in Massachusetts

Dec 20, 2021

Mayflower Wind, a U.S. offshore wind joint venture between Shell and Ocean Winds, has been awarded the right to provide 400 MW of offshore wind power by the Commonwealth of Massachusetts and its three biggest utilities as part of Massachusetts’ 83C III offshore wind energy procurement…

Petrobras Files Revised Development Plan for Tupi and Iracema Fields

Dec 23, 2021

Brazilian oil company Petrobras, as the operator of the Tupi offshore field, has submitted to the Brazilian National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area…

USCG Concludes Investigation into Auger Lifeboat Accident

Dec 23, 2021

A U.S. Coast Guard investigation into a fatal lifeboat drill accident has resulted in 10 safety and eight administrative recommendations, the agency announced.In July 2019, two people were killed and another was injured while testing lifeboats…

30 Million Tons of Oil: Production Milestone for Lukoil's V. Filanovsky Caspian Sea Field

Dec 23, 2021

The Vladimir Filanovsky offshore field in the Caspian Sea, operated by Russian oil and gas giant Lukoil, has produced more than 30 million tonnes of oil, according to the company.In 2021, the field saw five development wells built (including…

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