Page 44 - Van Beurden News Today

The company said it would immediately stop buying Russian crude oil on the spot market.

"We deplore Russias military action that violates the territorial integrity of Ukraine and endangers its people," ExxonMobil said in a statement Tuesday.

SHELL has said that a key director is to leave the business, after announcing on Monday that it was exiting Russia in response to the deplorable…

Both Shell and BP announced they are pulling out of Russia, as President Vladimir Putin’s invasion of Ukraine continues to take its toll on the country's economy, which is heavily dependent on foreign investments in its energy industry. “We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression," Shell's CEO said. “Our decision to exit is one we take with conviction. We cannot — and we will not — stand by.&quot...

Shell says it's pulling out of Russia as President Vladimir Putin’s invasion of Ukraine continues to cost the country’s all-important energy industry foreign investment and expertise. The company on Monday announced its intention to exit joint ventures with Russia’s state-owned energy giant Gazprom and related entities. That includes stakes in a key liquefied natural gas project and two projects that are developing oil fields in Siberia. Shell also intends to end its involvement in th...

Shells projects with Gazprom include its 27.5% stake in Sakhalin 2 (pictured) - a flagship facility in the Russian Far East.

The company also intends to end its involvement in the Nord Stream 2 pipeline.

SHELL last night followed BP in deciding to pull out of Russia amid the war in Ukraine and said it deplored the loss of life that has followed the…

Shells projects with Gazprom include its 27.5% stake in Sakhalin 2 (pictured) - a flagship facility in the Russian Far East.

Shell will exit its joint ventures with Russian energy firm Gazprom. It will also pull out of the Nord Stream 2 pipeline project.