Shell deal over Russian oil field
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Shell has reached a deal with Russia's Gazprom over the multi-billion dollar Sakhalin-2 oil and gas project, reports say.
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Russia's natural resources minister said Monday that foreign companies would be welcome to help develop offshore oil fields, the same day a senior U.S. diplomat expressed concern about the minister's earlier statement that foreign access to oil and gas deposits would be limited.
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Royal Dutch Shell (RDSa.L) and its  partners in the $22 billion Sakhalin-2 project have accepted  cash and a promise of future cooperation with Gazprom   in a deal to let the Russian firm into the venture, a source  close to talks between the companies said on Tuesday.
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Royal Dutch/Shell Group agreed on Tuesday to finalized settlements with U.S. and UK regulators which will cost the oil giant &#36;150.7 million over its mis-statement of proven oil reserves.
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Oil major Royal Dutch Shell is on the brink of a deal to bring Russian gas monopoly Gazprom into the $22 billion Sakhalin-2 project, a spokesman said on Sunday.
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Oil giant Royal Dutch/Shell said on Monday it had agreed to a restructuring of its Gasunie gas division with the Dutch government and business partner ExxonMobil.
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LONDON Royal Dutch/Shell Group confirmed Wednesday a plan to sell as much as $12 billion in assets, spend as much as $45 billion on new projects, and consider making some acquisitions as the company tries to bolster its oil and natural gas production.
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Gazprom and U.S. energy company ConocoPhillips Co. have signed a memorandum of understanding on the development of a large Barents Sea gas field, the Russian state-run gas giant said Wednesday.
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Royal Dutch/Shell Group agreed on  Tuesday to finalized settlements with U.S. and UK regulators  which will cost the oil giant $150.7 million over its  mis-statement of proven oil reserves.
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An oil company controlled by the Russian government said that it had bought the company that had won Sunday's auction for the largest subsidiary of Yukos.
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The Russian gas monopoly Gazprom chose French oil major Total on Thursday to help develop its giant Shtokman gas field, in an apparent breakthrough for troubled Russian-EU energy relations.
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A consortium led by Royal Dutch/Shell Group that is developing gas reserves off Russia&#39;s Sakhalin Island said Thursday it has struck a US$6 billion (euro4.
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Russian regulators want to block a $20bn oil and gas project led by Shell because of environmental concerns.
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Bulgaria and Russia have agreed a deal, set to be signed later Friday, for the construction of the South Stream pipeline project to carry Russian gas to Europe, Bulgarian Prime Minister Sergey Stanishev said.
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"The U.S. side warned about the political influence Moscow would gain by controlling energy resources in Serbia and the region, and expressed a negative assessment about the economic justification of South Stream"  By Oleg ShchedrovMOSCOW  - Russia won the right on Friday to route a major gas supply route to Europe through its ally Serbia, a move analysts described as marking a Kremlin victory in a "pipeline war" with the European Union.The gas agreement, signed in the Kremlin before President Vladimir Putin and visiting Serbian leaders, alarmed the United States because it increased Moscow's control over energy supplies to Europe and could undermine a rival EU project.Strong Russian opposition to independence for the Serbian province of Kosovo was a key bargaining chip in the agreement for Serbia to join the South Stream gas pipeline. Belgrade also agreed to sell a majority stake in Serbia's oil monopoly NIS to Russian gas giant Gazprom at a favorable price. Read more
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AMSTERDAM - Anglo-Dutch energy giant Shell announced plans on Wednesday to invest USD 45 billion (EUR 37 billion) in oil and gas exploration in a bid to increase its reserves and restore investor confidence.
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Russia and Bulgaria agreed a landmark gas pipeline deal on Friday that will strengthen Russia's grip on Europe's energy markets on the second day of Russian President Vladimir Putin's visit to the country.