EXPLORATION

Glasnost has its cost for oil companies in Russia's Far East

This week we reported on attempts by environmentalists in California to halt the drilling of oil ...

Not to be outdone, environmentalists in Russia have filed a lawsuit to stop development of oil and gas operations off Sakhalin Island in Russia's Far East.

The environmentalists argue the Sakhalin Project threatens the breeding grounds of rare grey whale colonies and have the Russian Government and the Russian Ministry of Natural Resources in their legal sights.

ExxonMobil and Shell are leading an international consortium that is planning to drill two offshore deposits in October. The international consortium plans to spend over $A25 billion in the area over the next three decades.

Its hard to imagine environmentalist groups carrying much power, and indeed being allowed to operate, in pre-Glasnost USSR.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry