Page 45 - Van Beurden News Today

LONDON -- Global oil and gas giant Shell said Monday that it is 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.

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...

The oil and gas giant will exit joint ventures with Russias state-owned Gazprom.

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...

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...

The oil and gas giant will exit joint ventures with Russias state-owned Gazprom.

The oil giant said the Russian invasion was “senseless” and that it will divest its stakes worth around three billion dollars.

The oil giant said the Russian invasion was “senseless” and that it will divest its stakes worth around three billion dollars.

The oil giant said the Russian invasion was “senseless” and that it will divest its stakes worth around three billion dollars.

The oil giant said the Russian invasion was “senseless” and that it will divest its stakes worth around three billion dollars.