Natural Gas & LNG News • 10 hours Ago
Shell Back in Black in Q3 (Update)
The Anglo-Dutch major pointed to its strong cash flow and announced it would increase dividends for the quarter.
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The company has raised its interests in the two blocks from 25% to 100%.
Success in meeting targets this year has emboldened it to raise them further as asset values tumble.
The US imposed sanctions on one of the fields in 2015, making it harder for Gazprom to attract international partners and contractors.
Sanctions need careful handling if they are to bring targeted states to heel, and this was not the case with the Saudi-led sanctions on Qatar three years ago, finds Columbia University.
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