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Archive for January 4th, 2007

Shell Forced To Capitulate To Putin

A two-part deal -- one publicized on December 21 and thereafter, the other confidential but leaked by Moscow on December 28 -- has sealed Gazprom's seizure of the majority stake in the Royal Dutch Shell-led oil and gas project Sakhalin-2. Shell, hitherto the project operator, surrendered under the threat of multibillion-dollar environmental-damage suits and revocation [...]

Thursday, January 4th, 2007

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