Russia Pursues More Than $1 Billion in Damages from British Oil Giant

The Russian Prosecutor General’s office has initiated a legal action seeking over €1 billion ($1.09 billion) in damages from Shell, the UK-based energy giant, over a failed joint venture linked to the Sakhalin-2 liquefied natural gas (LNG) project in Russia’s Far East. This development comes on the backdrop of Shell’s withdrawal from the project in...