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Shell to Stop All Purchases of Russian Crude

08:33am, Tuesday, 08'th Mar 2022
The oil giant also plans to shut its service stations, aviation fuels and lubricants operations in Russia.

Shell won't buy any more Russian oil and gas

08:06am, Tuesday, 08'th Mar 2022
Russia is finding it ever harder to sell its oil and gas.
Shell's CEO apologized for buying Russian oil and back-tracked on the company's previous position of simply limiting business with Russia.
Oil giant Shell apologized on Tuesday for its purchase of Russian crude oil last week and announced it will withdraw from involvement in all Russian hydrocarbons.
The energy giant also apologized for purchasing discounted crude oil from Russia last week.
The oil giant also plans to shut its service stations, aviation fuels and lubricants operations in Russia.

Shell to withdraw from Russian oil and gas

05:48am, Tuesday, 08'th Mar 2022
Shell plans to withdraw from Russian oil and gas and stop all spot purchases of Russian crude oil as a first immediate step, the British energy major announced on Tuesday.
Oil major Shell on Tuesday apologized for a buying a heavily discounted consignment of Russian oil last week, and announced its intent to withdraw from its involvement in all Russian hydrocarbons.
It was reportedly bought at a record discount, with many firms shunning Russian oil due to Moscow's unprovoked invasion of its neighbor.
Oil major Royal Dutch Shell will put profits from any Russian oil it purchases into a fund that will go towards humanitarian aid to Ukraine, the company said on Saturday.
Shell PLC (LSE:SHEL, NYSE:SHEL, EURONEXT:SHELL) said Tuesday Sinead Gorman will replace Jessica Uhl who is stepping down after five years in the role as chief financial officer on 1 April. Uhl, descri
Shell will exit its joint ventures with Russian energy firm Gazprom. It will also pull out of the Nord Stream 2 pipeline project.
Here's the key news that's resulting in an impressive drop in SHEL stock today, amid surging oil prices and a bullish energy market. The post SHEL Stock Continues to Fall as Shell Ends Partnership Wit
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