Withdrawal | Egypt Oil & Gas

Shell Fully Withdraws from Its Interest in Salym Petroleum Development in Russia

Shell Salym Development B.V, a subsidiary of Shell, has completely withdrawn on its 50% stake in the Salym project, which it jointly developed with Gazprom Neft, a subsidiary of Gazprom.

OPEC, Russia Renegotiate Production Cut Agreement

Russia will withdraw from the production cut agreement with the Organization of the Petroleum Exporting Countries (OPEC) if oil prices remain at $70 per barrel for six months.

Nubian, Wadi Degla Withdrew from FiT Program

Nubian and Wadi Degla decided to withdraw from the energy purchasing Feed-in Tariff (FiT) program

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