financetom
Business
financetom
/
Business
/
Russia files lawsuit against Shell units, court documents show
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Russia files lawsuit against Shell units, court documents show
Oct 4, 2024 3:49 AM

MOSCOW, Oct 4 (Reuters) - Russia's Prosecutor General

has filed a lawsuit against a number of energy major Shell's

units, court documents showed on Friday.

The lawsuit, filed with Moscow's Arbitration Court on Oct.

2, was addressed to eight Shell units. The documents indicated

it had been launched by Gazprom Export, the Russian energy

ministry, regional authorities on the Pacific island of

Sakhalin, Sakhalin Energy, and the office of Russia's Prosecutor

General.

No additional details were given and Shell did not

immediately reply to a request for comment.

Shell had several projects in Russia before Moscow sent

thousands of troops into Ukraine in February 2022 in what it

called a special military operation.

The company had a stake in a liquefied natural gas

producing plant on the Pacific island of Sakhalin led by

Kremlin-controlled Gazprom.

Russia consolidated its control over the plant in

response to sanctions imposed by the West and Shell left Russia.

That meant it ended its involvement with the Sakhalin plant,

as well as other activities such as its investments in the Nord

Stream 2 pipeline project.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
nCino Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Fiscal 2025 Outlook Revised
nCino Fiscal Q3 Non-GAAP Earnings, Revenue Rise; Fiscal 2025 Outlook Revised
Dec 4, 2024
04:31 PM EST, 12/04/2024 (MT Newswires) -- NCino ( NCNO ) reported fiscal Q3 non-GAAP diluted earnings late Wednesday of $0.21 per share, up from $0.14 a year earlier. Analysts polled by FactSet expected $0.16. Revenue for the quarter ended Oct. 31 was $138.8 million, up from $121.9 million a year earlier. Analysts surveyed by FactSet expected $137.4 million. The...
SentinelOne Fiscal Q3 Breakeven, Revenue Increases; Shares Fall After Hours
SentinelOne Fiscal Q3 Breakeven, Revenue Increases; Shares Fall After Hours
Dec 4, 2024
04:31 PM EST, 12/04/2024 (MT Newswires) -- SentinelOne ( S ) reported a fiscal Q3 breakeven late Wednesday, compared with a non-GAAP net loss of $0.03 per diluted share a year earlier. Analysts polled by FactSet expected $0.01. Revenue for the quarter ended Oct. 31 was $210.6 million, up from $164.2 million a year earlier. Analysts surveyed by FactSet expected...
Sprinklr Q3 EPS Drops, Revenue Rises, Q4, Full-Year Outlook Set -- Shares Surge After Hours
Sprinklr Q3 EPS Drops, Revenue Rises, Q4, Full-Year Outlook Set -- Shares Surge After Hours
Dec 4, 2024
04:30 PM EST, 12/04/2024 (MT Newswires) -- Sprinklr ( CXM ) was surging 11% in extended hours Wednesday after reporting fiscal Q3 non-GAAP net income of $0.10 per diluted share, down from $0.11 a year earlier. Analysts polled by FactSet expected $0.08. Net revenue for the quarter ended Oct. 31 were $200.7 million, compared with $186.3 million a year earlier....
Datadog Insider Sold Shares Worth $1,277,216, According to a Recent SEC Filing
Datadog Insider Sold Shares Worth $1,277,216, According to a Recent SEC Filing
Dec 4, 2024
04:31 PM EST, 12/04/2024 (MT Newswires) -- Sean Michael Walters, Chief Revenue Officer, on December 02, 2024, sold 8,395 shares in Datadog ( DDOG ) for $1,277,216. Following the Form 4 filing with the SEC, Walters has control over a total of 166,306 shares of the company, with 166,298 shares held directly and 8 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1561550/000156155024000225/xslF345X05/wk-form4_1733347665.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved