Russia suspends licenses for Shell-run Sakhalin-2 energy project
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Russia has suspended 12 water use licenses for the Shell-run Sakhalin-2 oil and gas project after uncovering violations of environmental law, the ministry of natural resources said in a statement.
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Russian gas export monopoly Gazprom plans to buy around 50 percent of the Shell-led Sakhalin-2 oil and gas project for cash and assets, its chairman, Dmitry Medvedev, said on Tuesday.
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Russian gas company, Sakhalin Energy Investment Company Ltd, said it has signed a deal to supply Shell Eastern Trading Ltd with LNG over a 20 year period for the North American market, the AFX news agency reported on Thursday.
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MOSCOW, Dec. 17 -- Russia pledged Friday to  ignore a U.S. court ban on the looming auction of oil giant Yukos' key production unit, while a consortium of Western banks reportedly put on hold billions of dollars in credit for the state-run Russian gas company that was expected to buy the unit.
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Russia's Gazprom closed in on half of  Royal Dutch Shell's (RDSa.L) $22 billion Sakhalin-2 energy  project on Tuesday while Shell denied it had buckled under  Kremlin pressure and warned Moscow the world was watching.
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An international banking consortium has decided to suspend approval for the â¬10 billion (Â£6.9bn) loan to Gazprom that would have financed the state-controlled company&#39;s acquisition of Yukos&#39;s most important oil production plant.
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Russia suspends vital water use permits for Royal Dutch Shell's Sakhalin-2 offshore oil and gas venture.
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Russian prosecutors say Shell's Sakhalin 2 oil and gas project was illegally given environmental approval.
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By Daily Mail, London  Sep. 6--Russia's environmental watchdog has opened up a new front in its  attack on Shell's huge Sakhalin-2 oil and gas project.
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MOSCOW -- Russian regulators could cancel Total SA's license to extract oil in an Arctic region, a government ministry said Wednesday, a move that comes just days after a Shell project led by Shell had a key permit pulled.
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Russia's state environmental agency has said it had launched a legal challenge to work at Sakhalin-2, a massive oil and gas project led by British group Shell, as efforts continued by state-owned Gazprom to obtain a stake in the project.
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Oil giant Yukos is halting two-thirds of its exports to China because of its financial troubles, a move which could raise oil prices.
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A key environmental panel said on Wednesday backers of a huge energy project off Russia's Sakhalin island should consider suspending operations while studies continue on survival of a rare whale species.
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Il Servizio per le Risorse Naturali chiede di processare la multinazionaleDietro lo scontro sul nuovo giacimento il nazionalismo energetico di Putin                                          Mosca torna alla carica contro Shell "Sakhalin 2 barbarie ambientale"
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MOSCOW  - Embattled oil giant Yukos' shipments to China have been suspended until at least Oct. 20, company and government officials confirmed Thursday.
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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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Russia's Gazprom closed in on half of Royal Dutch Shell's  $22 billion Sakhalin-2 energy project on Tuesday while Shell denied it had buckled under Kremlin pressure and warned Moscow the world was watching.