Royal Dutch Shell
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Greek businesses out of the ESG loop
Investor interest in more responsible investments and skepticism towards controversial securities is a growing global trend and one that Greece is having trouble keeping up with.
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The Nord Stream 2 Gas Pipeline is 75% Complete
The Nord Stream 2 gas pipeline is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement released today. A total of 1,855 kilometers of the Nord Stream 2 pipeline were built along the bottom of the Baltic Sea in the waters of Russia, Finland, Sweden and Germany. That's about 75 percent of the total length of the pipeline, the release said.
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Cyprus Aphrodite gas field partners near deal
Kathimerini reports that stakeholders in the Aphrodite gas field have agreed to commit natural gas from Cyprus' Block 12 to Egypt's LNG facilities from where it will be exported to international markets. A few legal details remain and are expected to be clarified within days.
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Shell to Drill for Oil, Gas off Bulgarian Coast
Royal Dutch Shell told reporters in Sofia on Tuesday that it will launch an exploratory drilling operation next month in the Han Kubrat oil and gas field off the coast of Burgas in the Black Sea.
The 90-day exploration will commence off the Noble Globetrotter II ship on 1 April 1, about 80 kilometres from Burgas in south-east Bulgaria.
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100 Companies are Responsible for 71% of Global Emissions
About 100 companies have been responsible for about 71% of the world's greenhouse gas emissions.
That's according to a new report from climate change non-profit CDP in conjunction with the Climate Accountability Institute. The report hopes to highlight the role such companies, and their investors, play in Climate Change.
Cyprus to renegotiate offshore gas deposit contract
Cyprus's energy minister says the country will renegotiate the financial terms of its contract with a consortium on exploiting a gas field off its southern shore.
Georgios Lakkotrypis told reporters on Tuesday that the consortium made up of Texas-based Noble Energy, Israel's Delek and Royal Dutch Shell wants to renegotiate the contract on the Aphrodite gas field.
Friends of the Earth says to sue Shell over climate change
Friends of the Earth plans to file a lawsuit against Royal Dutch Shell, accusing the oil company of failing to act on climate change, the environmental activist group said on May 29.
Shell sells stake in Iraq oilfield to Japan’s Itochu: Official
Iraq has approved the sale by Royal Dutch Shell of the company’s 20 percent stake in Iraq’s West Qurna 1 oilfield to Japan’s Itochu Corp, a senior Iraqi oil official said on Jan. 10.
Shell warns of safety risks at occupied Nigeria plant
Royal Dutch Shell has raised an alarm over the continuing siege at a Nigerian facility by protesters, saying they could be putting their safety at risk.
Hundreds of protesters from the Kula and Belema communities in Nigeria's restless southern Rivers state have occupied the plant since Aug. 11 to press their demands for jobs and better living conditions.
China may finance Russia's gas pipeline to Europe
Gazprom's Nord Stream 2 pipeline may get Chinese financing if European companies are forced out of the project by the latest round of US sanctions, business daily Vedomosti reports.
Russian officials have already contacted Chinese banks, sources have told the media.
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