Shell faces pressure over Gazprom after rival BP pulls plug on $25bn Russia assets
Shell faces pressure over Gazprom after rival BP pulls plug on $25bn Russia assets
ENERGY giant BP’s decision to sever links with Kremlin-controlled Rosneft has piled pressure on other oil majors to follow suit, with FTSE 100 rival Shell facing calls to dump its Russian assets.
Evening Standard
Evening Standard
‘We will not stand by’: Shell exits Russia projects worth $3bn as Ukraine backlash grows
‘We will not stand by’: Shell exits Russia projects worth $3bn as Ukraine backlash grows
ENERGY giant Shell has bowed to pressure to exit all joint ventures with Kremlin-controlled oil firm Gazprom, ditching stakes in three major gas projects and the undersea pipeline Nord Stream 2 worth a total of $3 billion.
Evening Standard
Evening Standard
The great decoupling: how UK-based firms are unwinding exposure to Russia
The great decoupling: how UK-based firms are unwinding exposure to Russia
Oil companies and City and law firms are among many working round the clock to sever ties with Russian-owned businesses
The Guardian - UK
The Guardian - UK
Total agrees to halt new Russia funding but will keep existing projects
The French company said it will make no future investments in Russia but it will retain its stakes in gas and oil projects in the country.
The Independent UK
The Independent UK
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British Gas owner follows BP and Shell in cutting Russia ties
Centrica announces end of gas supply agreement with Kremlin-controlled Gazprom
The Guardian - UK
The Guardian - UK
Western companies pull back from Russia in response to Ukraine invasion, sanctions
Country once seen as promising new market now poses challenges spanning logistics to reputation
Livemint
Livemint