Register now for FREE unlimited access to Reuters.comShell, which has already written off the value of its Russian assets, made clear months ago that it intended to quit the project and has been in talks with potential buyers. It has said it was assessing the Russian decree.
Russia's Kommersant newspaper reported on Thursday that Shell will not re-sign its contract to purchase 1 million tonnes of LNG per year from the project. "Today we are actively engaged in the search for new markets and expanding the portfolio of buyers, increasing the competitiveness of Sakhalin LNG," Sakhalin Energy said on Friday, citing CEO Roman Dashkov.
He said that loadings and production of LNG have stayed on schedule and in line with current market conditions.already has a 50% plus one share stake in Sakhalin-2.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hawaii's only coal plant will shut down for good in SeptemberIn an 'aggressive' step towards clean energy goals, Hawaii is closing Oahu's AES Hawaii power plant. What will immediately replace the energy that it currently provides?
Source: PopSci - 🏆 298. / 63 Read more »
Europe's energy crisis is forcing up the price of U.S. natural gasEurope's natural gas crisis is spilling into American markets.
Source: axios - 🏆 302. / 63 Read more »
UK energy crisis is 'bigger than the pandemic'Freezing gas and electricity prices over the next two winters could cost the UK government over £100 billion ($118 billion), more than it spent paying millions of people's salaries during the pandemic That's the cost for being a puppet of USA How that so B.P is British Petroleum lol Freeze gas prices over next two winters? A real JOKE? WoW! freeze Gas prices, when there is almost no gas? Visions of Hell Freezes Over winter in UK & EU is a distinct possibility? Are politicians already developing excuses for masses, plenty of blame is distinct possibility!
Source: cnni - 🏆 326. / 59 Read more »
NASA Scientists Help Probe Dark Energy by Testing GravityScientists haven't yet discovered an explanation for dark energy, which is responsible for the accelerating expansion of our universe—but space telescopes are in the works to shine some light on this cosmic mystery: Hubble Roman This is so interesting! I'm excited to see what scientists discover about dark energy. Thank you for sharing this, ! Hubble Roman You should say “Theory suggests”…. Dark energy is as real as dark matter…. No one alive has every detected it, and most likely never will. It’s a place holder theory at best. Hubble Roman Dark matter I can believe in. Dark Energy has no science behind it, it is needed to make the Big Bang model work. In other words the Big Bang model of universe doesn't work. Back to the drawing board Science!
Source: NASA - 🏆 672. / 51 Read more »
The future of energy has a surprising 'big problem,' environmentalist Carl Pope revealsFind out why the veteran leader in the environmental movement believes the future of our planet is bright.
Source: IntEngineering - 🏆 287. / 63 Read more »
Tomlinson: Questions about clean energy? Here are answers.Tomlinson: Readers often ask if reducing reliance on fossil fuels will make a difference. Here's what to know
Source: HoustonChron - 🏆 609. / 51 Read more »