LogIn LogOut

Shell Russia: Impact of Western Sanctions 'minimal'

February 7, 2018

International oil major Royal Dutch Shell's Russian business felt minimal impact from Western sanctions on Russia, the branch's head Sergey Starodubtsev said on Wednesday, adding the firm was fully compliant with international law.

Shell Neft, the Russian arm of the global oil company, plans to double the number of petrol stations in Russia, currently at 259, in the next four to five years, and sees fuel sales rising 8 percent to 12 percent this year, Vitaly Maslov, head of Shell's Russian retail business, told reporters.

Reporting by Olesya Astakhova 



Current News

US Says India Hid Russian Origin of Fuel Shipped to US

US Says India Hid Russian Origin of Fuel Shipped to US

Saudi Aramco Profit Soars

Saudi Aramco Profit Soars

Beach Energy Results Disappoint. Hunt on for M&A in Australia, NZ

Beach Energy Results Disappoint. Hunt on for M&A in Australia, NZ

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

ADNOC L&S Wins $1.17B Contract for 13 Jack-up Barges

ADNOC L&S Wins $1.17B Contract for 13 Jack-up Barges

Uniper Looking to Swap Australian LNG for Atlantic Gas to Supply Europe Quicker

Uniper Looking to Swap Australian LNG for Atlantic Gas to Supply Europe Quicker

Indonesians Must Prepare for a Potential Fuel Price Hike, Minister Says

Indonesians Must Prepare for a Potential Fuel Price Hike, Minister Says
photo

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com