Shell Flags Uncertain Outcome of $1.6-Billion Russian Court Claim

Shell Flags Uncertain Outcome of $1.6-Billion Russian Court Claim

The outcome of a Russian claim against Shell for alleged unpaid natural gas deliveries is uncertain, the supermajor said on Tuesday, adding that it is not possible to estimate the amounts of any possible payments and obligations. Shell withdrew from its operations in Russia shortly after the Russian invasion of Ukraine in February 2022. In early October 2024, a Russian prosecutor filed a court claim in Moscow against eight Shell group entities, …

Shell’s $1.6 Billion Russian Legal Nightmare: From Sakhalin to SNAFU

25 March 2025 The ultimate sin stock just can’t catch a break — especially not when it abandoned a gas project, got sued by Russia, and now pretends none of it was their fault. Oh dear, Shell. Yet another chapter in the never-ending “Oops, Did We Do That?” saga of one of the world’s most polluting, profit-obsessed corporations. This time, it’s Moscow calling — and they’d like $1.6 billion, please. In its latest annual report, Shell confirmed tha…

Russia is demanding that Shell pay Gazprom 1.5 billion euros in compensation. For what? For the fact that Gazprom could not handle extraction without Shell's technology and people. The company left Russia after Putin's aggression against Ukraine. Both the content of the lawsuit and the hearings before the Russian court are secret.