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UPDATE 1-Gazprom, Shell agree to expand Sakhalin-2 project

(Adds details, background) ST PETERSBURG, Russia, June 18 (Reuters) - Russian gas producer Gazprom and Royal Dutch Shell have signed an agreement to expand the Sakhalin-2 LNG project, Gazprom said in a statement on Thursday. The Sakhalin-2 project, Russia's sole LNG plant, has a curre

Gazprom, Shell agree to expand Sakhalin-2 project

ST PETERSBURG, Russia, June 18 (Reuters) - Russian gas producer Gazprom and Royal Dutch Shell have signed an agreement to expand the Sakhalin-2 LNG project. Officials from both companies signed the agreement at an economic forum in Russia's second city of St Petersburg on Thursday. Th

Gazprom says to keep 51 pct in 3rd, 4th Nord Stream lines

ST PETERSBURG, Russia, June 18 (Reuters) - Russian gas producer Gazprom plans to keep a 51 percent stake in a consortium which will expand the Nord Stream gas pipeline running beneath the Baltic Sea to Germany, the firm's spokesman Sergei Kupriyanov said on Thursday. Gazprom said in a state

Gazprom says E.ON, Shell, OMV to join 3rd, 4th stages of Nord Stream gas pipeline

ST PETERSBURG, Russia, June 18 (Reuters) - Russian gas giant Gazprom has agreed to build a pipeline to Germany under the Baltic Sea with some of its biggest gas buyers in Europe, Anglo-Dutch Shell, Germany's E.ON and Austria's OMV, Gazprom's spokesman said on Thursday. The move comes as the

Russian LNG export plant awards tender to Shell, Gazprom, Marubeni

MILAN, June 18 (Reuters) - Russia's Sakhalin II liquefied natural gas (LNG) export plant awarded four cargoes in a recent tender, to Shell, Gazprom and Japanese trading house Marubeni, trade sources said. The export plant launched a tender to sell four LNG cargoes several weeks ago. M

Dividends Calendar - Week Ahead

UPDATE 2-Shell-led Canadian LNG deal gets environmental approvals

(Adds quote from LNG Canada CEO, project details) By Julie Gordon VANCOUVER, June 17 (Reuters) - Canada's environment ministry said on Wednesday it approved a Royal Dutch Shell Plc-led liquefied natural gas export terminal on British Columbia's coast, contingent on the project meetin

Shell-led LNG project gets environmental nod from British Columbia

VANCOUVER, June 17 (Reuters) - A Royal Dutch Shell-led liquefied natural gas export project proposed for British Columbia's Pacific Coast has been issued a provincial environmental certificate, the province's Ministry of Environment said on Wednesday. The federal government has not yet iss

Petrobras, partners in Brazil's Lula may buy ships abroad -Galp exec

RIO DE JANEIRO, June 17 (Reuters) - Brazil's state-run oil company Petrobras and its partners in the giant Lula offshore oil field may renegotiate contracts for platforms and other equipment, reducing delays by buying goods outside Brazil, the Brazil chief of partner Galp Energia SGPS SA said on

Dividends Calendar - Week Ahead

CORRECTED-European oil 'mini-major' challenges industry's old model

(In fifth and 12th paragraphs removes reference to Varo Energy producing oil; also in 11th paragraph corrects year of refinery acquisition) * Varo Energy's refining-storage-retail model mimics oil majors * Sees itself as more efficient "mini-major" * Top oil companies are retrea

BHP Billiton offers one LNG cargo from Australian export plant

MILAN, June 17 (Reuters) - A division of mining group BHP Billiton is holding a closed tender to sell a liquefied natural gas (LNG) cargo from Australia's North West Shelf export plant, trading sources said. It was not clear whether the cargo had yet been awarded, they said. A recent

Russia not entering arms race with West - Kremlin aide

MOSCOW, June 17 (Reuters) - Russia is not entering an arms race with the West as this would hurt the economy, President Vladimir Putin's main foreign policy adviser said on Wednesday. Briefing reporters on an economic conference later this week in St Petersburg, Yuri Ushakov said Putin woul

UPDATE 1-Shell, Japan firms may get stake in Gazprom's Baltic LNG -Russian newspaper

(Adds no comment from Gazprom, background) MOSCOW, June 17 (Reuters) - Russian gas company Gazprom may offer up to 49 percent in its Baltic LNG project to a strategic partner and the most likely candidates are Royal Dutch Shell or a consortium of Japanese firms, Russia's Kommersant newspap