A British oil giant declares the end of Europe’s energy crisis; Azerbaijan is gradually replacing Russia in the gas market. Shell CEO Wael Sawan believes that the energy crisis in Europe is finally over. Savan says that this quarter market prices and volatility are returning to the levels seen before the full-scale Russian... #AustrianOMV #AzerbaijaniGas #EnergyIndependence #Shell #SOCAR
Ukraine will auction its nationalized share of the Shell gas stations network. The Shell Oil Company is not the only potential buyer for the Shell-branded network of gas stations in Ukraine, which was recently nationalized. The State Property Fund of Ukraine announced that the n... #AllianceHolding #EduardKhudainatov #Nationalization #Shell #SPFU
Western oil and gas companies generated record profits due to the Russian war in Ukraine. The five largest Western oil and gas companies, including Shell, BP, Chevron, ExxonMobil, and TotalEnergies, have made more than $281B in profits since the beginning of Russia’s full-scale invasion of... #Chevron #EuropeanOilCompanies #ExxonMobil #RussianEnergy #SanctionsAgainstRussia #Shell
A Lithuanian energy company will share extra profits with Ukraine, and Shell has been asked to do the same. The Lithuanian company Ignitis Group, with headquarters in Vilnius, has decided to direct 10%, or €12M, of surplus profits to Ukraine’s restoration, said Energy Minister Herman Galushchenko. The compa... #HermanGalushchenko #IgnitisGroup #OlegUstenko #Shell
