Shell finally throwing in the towel on this thing and ceding control to Gazprom? Not entirely unpredictable, but wow.
Reuters: Gazprom yet to decide on Shell Sakhalin offer.
Quotes:
Russian gas monopoly Gazprom said on Monday it had yet to decide on Royal Dutch Shell's offer for it to take majority control in the Sakhalin-2 project due to ecological concerns.
CNBC Video (free for 24 hours): Gazprom to control Sakhalin-2?
Speculations on oil, peak oil theory, energy in general, and the investment implications.
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2006
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