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Archive for December 30th, 2006

Shell May Cut Reserves at Least 4 Percent on Sakhalin

Royal Dutch Shell Plc, Europe's largest oil company by market value, will cut its proven oil and gas reserves by more than 4 percent when it gives up half its stake in Russia's Sakhalin-2 venture, analysts said.
The equity transfer to state-run Russian energy company OAO Gazprom is expected to be completed by the end of [...]

Saturday, December 30th, 2006

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