Page 3 - Shell S News Today

Net income also rose, despite Shell taking a $3.9bn hit relating to its decision to withdraw from Russia.

Top 40 artworks from Shell’s 54th National Student Art Competition to be displayed in Virtual Gallery

CFO says utility cannot replace Sakhalin-2 gas, which accounts for around 10% of Tokyos fuel imports.

Chinas biggest state-owned energy companies are reportedly negotiating the opportunity to buy a stake in a major Russian gas export project from Shell after the British oil and gas corporation exited Russia over the ongoing conflict in Ukraine, RT reported.

A former Scottish energy minister has broken ranks with the SNP-led government to suggest the UK needs more gas fields, in the face of environmental opposition. [Gas in Transition, Volume 2, Issue 3]

Some 120 Dutch cities hold long-term supply agreements with Gazprom that Amsterdam now terms "undesirable".

Cambo oilfield operator Siccar Point has been picked up after Shell exited its flagship project last year.

The company previously estimated the write-downs at $3.4bn.

The deal comes as Venture Global prepares to take a final investment decision on the 20 mt/yr project.

Work on the LNG appendage to the Sakhalin-1 project has been suspended as part of ExxonMobils phased withdrawal.