Shell has announced plans to end its involvement in "all Russian hydrocarbons". In an about-face from its position the previous weekend, the company said it would "as an immediate first step" stop all spot purchases of Russian oil.

Chief Executive Ben van Beurden apologized for Shell's decision last week to buy a cargo of oil and gas from Russia, and reiterated that the company would commit profits from the remaining amounts of Russian oil it processes to a relief fund. dedicated. Shell was condemned by Ukraine's foreign minister over the weekend after it agreed to buy a mid-March cargo from the Baltic Urals from Trafigura's deal on 4 March.

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Shell and the controversy involving the purchase of oil from Russia

Shell's decision to stop buying oil from Russia comes after TotalEnergies chief executive Patrick Pouyanne said his company's traders have not received Russian oil since the start of the invasion of Ukraine. Pouyanne said TotalEnergies is not facing pressure from European countries to reject Russian gas, while also noting that Russian gas producer Novatek – in which his company holds a 19,4% stake – is not under sanctions.

A Shell disse que se retirará completamente de seu envolvimento em produtos de petróleo *****, refinados, gás e GNL “de maneira faseada”, de acordo com as novas orientações dos governos ocidentais. Além da suspensão imediata da compra de petróleo da Rússia no mercado spot, a empresa disse que não renovará contratos a prazo. A Shell levou 2,18 milhões de t (44.000 b/d) de Urais marítimos no ano passado e deveria levar 100.000 t/mês (24.000 b/d) de Urais através do oleoduto Druzhba para a refinaria de Schwedt, na Alemanha, este ano, de acordo com dados da Argus.

Shell says it will pull out of Russia's oil and gas market

A empresa está mudando sua ****** de fornecimento de petróleo e gás para remover os volumes da Rússia. “Faremos isso o mais rápido possível, mas a localização física e a disponibilidade de alternativas significam que isso pode levar semanas para ser concluído e levará à redução do rendimento em algumas de nossas refinarias”, disse van Beurden.

Van Beurden highlighted that Shell's phased out of Russian oil products, pipeline gas and LNG will be "a complex challenge" that will require "joint action by governments, energy suppliers and customers". Shell is also closing its service fuel stations in Russia, along with its aviation fuel and lubricants operations in the country.

“Our actions to date have been guided by ongoing discussions with governments on the need to decouple society from Russian energy flows while maintaining energy supplies,” said van Beurden.

“Today's threats to stop pipeline flows to Europe further illustrate the difficult choices and potential consequences we face in trying to do this.”

Oil company withdraws from its involvement in the Nord Stream 2 pipeline project and others

Russian Deputy Prime Minister Alexander Novak said Moscow may halt gas deliveries to Europe via the Nord Stream 1 pipeline in response to EU and US sanctions.

Shell announced on February 28 that it will end its involvement in the Nord Stream 2 pipeline project and exit its partnerships with Russian gas giant Gazprom, including its 27,5% stake in the Sakhalin 2 oil and LNG project, in the far east of Russia.

According to the Bloomberg agency, which monitors this market, the oil company paid US$ 28,50 below the value of Brent – ​​an international benchmark for oil trading, which soared after the invasion of Ukraine and exceeded US$ 110.