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Gazprom Gains Control of Giant Energy Project
Gazprom, the Russian energy monopoly, bought control of the world’s largest combined oil and natural gas development on Thursday after a highly publicized campaign of pressure on its foreign operator, Royal Dutch Shell.
Shell’s sale of 50 percent plus one share followed months of accusations against the project by a Russian environmental regulator — a problem [...]
Russians Buy Control of Oil Field
Gazprom, the Russian energy monopoly, bought control of the world’s largest combined oil and natural gas development Thursday after a highly publicized campaign of pressure on its foreign operator, Royal Dutch Shell.
Shell’s sale of 50 percent plus one share followed months of accusations against the project by a Russian environmental regulator — a problem [...]
FACTBOX-Russia’s Sakhalin oil, gas projects
The Sakhalin oil and gas projects are potentially among the most ambitious of the 21st century, tapping billions of barrels of reserves in seas that freeze for up to six months.
Following are details of some of the main projects.
The Exxon Mobil-led project, which Russian officials say could cost $17 billion, ranks with Saudi Arabia’s Haradh [...]
