Shell Russia News

Hiber Brings Satellite Well-integrity Monitoring Tech to Middle East

Nov 16, 2021

Hiber, a company that describes itself as the satellite-enabled IoT scale-up, is bringing its HiberHilo remote well-integrity monitoring technology in the Middle East to assist oil and gas operators in the region in monitoring their remote wells via satellite connectivity…

U.S. Republicans in Push to Sanction Nord Stream 2 Gas Pipeline

Nov 09, 2021

A group of U.S. Senate Republicans said on Monday they had introduced legislation that would impose mandatory sanctions on Nord Stream 2, a Russian-backed natural gas pipeline that opponents believe would be harmful to U.S. allies in Europe…

Chevron, Partners to Fork Out for Carbon Offsets for Gorgon LNG Carbon Capture Shortfall

Nov 12, 2021

Chevron Corp and its partners in the Gorgon liquefied natural gas (LNG) project in Western Australia have agreed to buy carbon credits likely to cost more than $180 million as a penalty for failing to meet a five-year target for carbon capture and storage (CCS)…

Shell Midstream Partners: Offshore, Onshore Systems to Drive Cash Delivery

Nov 01, 2021

Shell Midstream Partners said on Friday that its offshore and onshore crude and product systems will mainly drive its cash delivery.Deepwater projects in the Gulf of Mexico including Vito and PowerNap will flow into the company's systems and not only replenish…

U.S. House Panel Subpoenas Big Oil in Climate Deception Probe

Nov 03, 2021

The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potential climate deception by the energy industry…

Norway's Johan Sverdrup Blend Oil Steps Up Competition to Russia's Urals in Europe

Nov 01, 2021

Russia's flagship Urals oil grade is facing growing competition in its European heartlands amid rising supplies of Norway's Johan Sverdrup (JS Blend) crude and reduced opportunities for the Norwegian grade in Asian markets, traders said.Urals and JS Blend…

Seismic Firm CGG Licenses Data for Offshore CO2 Storage Projects

Nov 10, 2021

Seismic data company CGG has licensed its Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO2 storage developments. Northern Lights JV DA, owned equally by Equinor…

Tennet: Jacket Installed for Hollandse Kust (north) Offshore Transformer Platform

Nov 12, 2021

The jacket for TenneT's Hollandse Kust (North) offshore wind substation has been installed off the coast of the Netherlands.The next step for this offshore power station is that the ready-made topside containing the transformers will be placed on the jacket in May 2022…

Shell Starts Production from Arran Offshore Field

Oct 21, 2021

Oil and gas giant Shell has started production from the Arran gas and condensate field in the UK North Sea.Shell's Arran development is part of the broader Central Graben Area Plan, and is developed as a tie-back via a new pipeline to Shell's Shearwater offshore platform…

ConocoPhillips Swings to 3Q Profit

Nov 02, 2021

ConocoPhillips reported a third-quarter profit on Tuesday, compared with a year-ago loss, thanks to a rebound in crude prices to pre-pandemic levels.Oil prices have climbed nearly 63% since the beginning of the year, driven by a rise in global demand and on supply bottlenecks…

Fugro Wraps Final Survey Phase over Shell's High-Impact North Sea Well Site

Oct 22, 2021

Fugro has completed a site survey over Shell's planned high-impact Pensacola offshore exploration well in the Southern North Sea, off the UK, ahead of the planned drilling in 2022.Deltic Energy, Shell's partner in the offshore license containing the Pensacola prospect…

Shell Expects Ida-hit Offshore Platform to Restart in November

Oct 22, 2021

Shell said on Friday it expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in the first half of November, restarting production of a popular Gulf of Mexico crude grade earlier than expected…

Wintershall Dea Q3 Earnings More than Double on Higher Prices, Spending cuts

Oct 26, 2021

Oil and gas producer Wintershall Dea's most closely watched measure of earnings more than doubled in the third quarter, it said on Tuesday, benefiting from soaring oil and gas prices and spending cuts.The company, owned jointly by BASF and Russia's LetterOne…

Oil Price Rises after OPEC+ Rejects Call for More Supply

Nov 05, 2021

Oil prices rose more than 1% on Friday, staging a partial recovery after OPEC+ producers rebuffed a U.S. call to raise supply and instead maintained plans for a gradual return of output halted by the pandemic.Brent crude rose 82 cents or just over 1% to $81…

More Net than Zero: Do Carbon-cutting Promises Add Up for the Climate?

Nov 09, 2021

The growing avalanche of governments and companies committing to cut their climate-changing carbon pollution to net zero now covers 88% of global emissions, according to a tracker run by leading climate analysis groups.But those pledges do not…

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