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View Article  Financial Times: Motivational memos must make their message clear
The memo (www.ft.com/shell) is crass, poorly punctuated and most of it wasn't even written by its author, David Greer, deputy chief executive of Royal Dutch Shell's Sakhalin Energy Investment Company. He had lifted the words of General George S. Patton with no attribution, and clumsily adapted them to spur on his team of recalcitrant pipeline engineers.   more »
View Article  Huliq - Breaking News: Russia’s ruthless seizure of Royal Dutch Shell Sakhalin2 project
Without the documentary evidence I supplied, the Putin government might not have felt sufficiently emboldened to risk the wrath of other nations. Without its success in forcing Shell to surrender, it might not now be turning the screws on other oil company projects in Russia. The Putin regime already has BP, ExxonMobil and Total projects in their sights.   more »
View Article  GRIPING AND GRINNING: REPUTATION NETWORKS START WITH ONE
I want to share another story. According to this article, a single site run by a man and his octagenarian father in the UK has cost the petro-giant Shell billions of dollars. And it all started with a gripe.   more »
View Article  Investing in Russia: How Shell played Russian roulette and lost
Published below is a statement received from Mr Keith Ruddock, General Counsel Exploration and Production, Shell International B.V. It relates to the article herein: “The insider story of Shell’s Sakhalin II debacle”.   more »
View Article  ShellNews.net: IMPOTENT INCOMPETENT SHELL
SAKHALIN II SURRENDER: Oleg Mitvol is on public record on more than one occasion as stating that his departments $10 billion claim against Sakhalin Energy($30 billion as of yesterday) is based on documentary evidence I supplied to him. Shell management tried to make stooges out of the Russians by using outright trickery in the initial negotiations with Gazprom. Now they have ended up as being the internationally humiliated chumps.    more »
View Article  ShellNews.net: Argus FSU Energy series of important Sakhalin II articles
EXTRACT FROM MITVOL INTERVIEW: I have email correspondence between executives in Sakhalin Energy management from 2002. I received these letters from John Donovan, owner of the anti-Shell website www.royaldutchshellplc. com. I received them on 19 October and forwarded them to Sakhalin Energy with a request for an official reply. But I have not received any reply so far. I presume that they are in shock.   more »
View Article  The Moscow Times: Oil Showdown on Sakhalin Island

Thursday, September 28, 2006. Issue 3507. Page 1.

By Miriam Elder
Staff Writer

YUZHNO-SAKHALINSK — Foreign oil majors and state ...   more »

View Article  The Wall Street Journal: Exxon, Shell Are Pressed To Review Russia Pacts
MOSCOW — A pair of multibillion-dollar energy projects in Russia led by Exxon Mobil Corp. and Royal Dutch Shell PLC have encountered unprecedented regulatory pressure in recent weeks, amid rising complaints by officials here that the deals are unfavorable to Russia.    more »
View Article  Moscow Times: Shell Rejects Environment Report: Monday, August 28, 2006.
The Royal Dutch Shell-led Sakhalin Energy venture rejected a report that it had failed to respond to a list of environmental violations.   more »
View Article  Forbes.com: Energy Tsar
Vladimir Putin is using publicly traded Gazprom, and its monster reserves, to remake Russia. Should you own a piece of it?   more »
View Article  RosBusinessConsulting (Moscow): Rosneft to enlarge oil production share
The Rosneft President also pointed out the successful current progress in implementing the Sakhalin-1 and Sakhalin-2 projects.    more »
View Article  Moscow Times: Shell Says Gazprom Talks Fine
"We have taken all of 2006 to work out the details of the swap. I'm not concerned because the [Sakhalin] project is not finished anyway," Shell CEO Jeroen van der Veer said on the sidelines of a Dutch business forum. He played down concerns over the budget overrun. Shell now believes it will need to invest $20 billion to develop the Sakhalin project as opposed to an initial estimate of $10 billion.   more »
View Article  Yahoo! Asia News: Gazprom sees Shell deal delayed beyond 2006
Russia's Gazprom and Royal Dutch Shell have delayed a major asset swap deal beyond 2006 after Shell reported a huge cost overrun on its Sakhalin project last year, Gazprom said on Thursday.    more »
View Article  kommersant.com (Russia) Ukraine Teams Up with Shell against Russia
The agreement with Shell will enable Ukraine to reduce dependency on the gas and oil of Russia and to break Gazprom’s monopoly on gas transit via its pipelines, spokesmen of press service of Ukrainian government said.   more »
View Article  Kommersant - Moscow,Russia: New Shareholder in the North European Gas Pipeline’s Consortium
Gasunie, the operator of a pipeline network, will not compete with the Germans on Europe’s gas sales market. Gasunie Trade & Supply is independent and is controlled by Royal Dutch/Shell and ExxonMobil.   more »
View Article  The Independent: Russia seeks to seize control of Sakhalin
Royal Dutch Shell's flagship investment in Russia was facing uncertainty last night after the Natural Resources Ministry threatened to scale back the company's stake in a huge liquefied natural gas project to allow the Kremlin greater control. Shell declined to comment but is known to have incurred the Kremlin's wrath due to massive cost overruns on Sakhalin-2, which have prompted the Anglo-Dutch firm to ask the government to allow it to double its investment to $20bn.   more »
View Article  Reuters: Shell's Sakhalin-2 in river dispute, denies cover-up
Documents obtained by conservation group WWF, and seen by Reuters, showed that contractors working for Shell-led Sakhalin Energy did not follow all the environmental guidelines agreed with potential lenders when laying pipes across two rivers on Sakhalin Island in December. "It appears they have hidden the truth ... WWF does not see how EBRD can trust Shell to deliver this project to meet acceptable standards," said James Leaton, senior policy adviser at WWF's UK unit. The Sakhalin project has already been hit by a doubling of its costs, leading to tension between Shell and the Kremlin, and has damaged the company's reputation on environmental matters.    more »
View Article  RIA Novosti (Russia): Study on Sakhalin-II costs to be finished in summer - minister
Expert analyses of the rising costs of the giant Sakhalin II energy project should be completed over the summer, Russia's energy minister said Thursday.    more »
View Article  Itar-Tass: Shell to set up hi-tech systems at Russia's oil, gas fields
Paul Ching, Vice-President of the Shell, told journalists on Thursday that by 2009 such systems would be set up at the Salym Fields in the Khanty-Mansi Autonomous Area and, possibly, under the Sakhalin-2 project, in which the Shell is the main shareholder.    more »
View Article  The Business Online: Gazprom: Don’t stand in our way
President Vladimir Putin’s seizure of control over Russia’s oil and gas sector is now complete. Russia is flexing its muscles to recover its former superpower’s swagger on the world stage. When was the last time a listed company tried to dictate energy policy to a union of 15 of the world’s most powerful countries?   more »
View Article  The Business Online:
Only oil group Exxon Mobil, with a market capitalisation of $381bn and General Electric, with a market capitalisation of $358bn, now stand in the way of Russian government’s goal to turn the massive gas monopoly into the world’s most valuable company based on market capitalisation.   more »
View Article  Reuters: WWF stresses oil spill dangers of Sakhalin project
The conservation group said ice and poor weather around the proposed Sakhalin oil and gas operation would make it nearly impossible to clean up any spills for half of the year, placing marine life at risk in the case of an accident.    more »
View Article  Political Gateway: Shell rejects pleas to leave Sakhalin
Environmentalists want the Royal Dutch Shell Group PLC to abandon a potentially lucrative oil and gas exploration venture in eastern Russia.   more »
View Article  THE NEW YORK TIMES: Gazprom Wants All of Exxon's Sakhalin Gas: Report