Russia’s move on Sakhalin-2 gas plant intensifies competition for fuel
Russia’s move to reshuffle ownership of the project may constrict global markets even more by pushing Japan to compete with Europe for alternative sources of supply.
Putin’s swoop on Sakhalin-2 gas plant could force Shell and Japan firms out
Firms have one month to say whether they’ll take stakes in the new company, and those who opt out may not be fully compensated, the statement said.
Japan to phase out Russian oil use but remain in Sakhalin energy projects
The ban "in principle" on Russian oil imports is expected to come in stages, and is expected to have limited effect on Japan's supplies.
China's interest in Shell's Russian gas stake adds impetus for Japan to stay
Exiting Russian LNG projects would force Japan to source replacement fuel from the already tight spot market, threatening to boost prices that are trading near record-high levels.
Future turns dark for Russia’s oil industry
With short-term turmoil for the Russian oil industry a given at this point, the long-term future of an industry which bankrolls a large portion of the government budget has turned cloudy.
Trading houses Mitsui and Mitsubishi to study Shell's exit from Sakhalin 2 gas project
The Japanese firms said Tuesday they will consult with the government to assess the British oil major's planned exit from its flagship oil and natural gas business in eastern Russia.
Shell targets power trading and hydrogen in climate drive
Shell and its European rivals are seeking new business models to reduce their dependency on fossil fuels.
Big Oil’s flagship plastic waste project sinks on the Ganges
The failure is a sign that the industry is falling short of its targets to curb an increase in waste, two environmental groups say.
Canada's indigenous lead climate charge with rail blockade over pipeline plan, put Trudeau in a bind
Canadian indigenous groups are leading the charge against fossil-fuel development in a country with the world's third-largest proven oil reserves, using rail blockades as leverage and putting Prime Minister Justin Trudeau in a bind. Members of the Wet'suwet'en Nation in British Columbia have been fighting ...
Companies slow to disclose financial costs of climate change, Moody's says
U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called on them to do so two years ago, according to Moody's Investors Service. The analysis of the public filings of ...
Greenpeace activists climb Shell North Sea platforms and hang 'clean up your mess' sign
Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest against plans to leave parts of the giant structures in place after production shuts down. Pictures provided by Greenpeace show two people in yellow hats scaling one ...
