Live
- Hailstorm-hit Vistara flight returns to Bhubaneswar airport
- PM Modi-led govt saved people during pandemic: Union Minister Anurag Thakur
- Heat wave grips Telangana, mercury crosses 46 degrees Celsius in few places
- New India believes in giving a dose, not dossiers, to terror masterminds: PM Modi
- Nagarkurnool MLA Kuchukulla Rajesh Reddy should send Malluravi to Parliament for the third time
- Awareness conference on Mayday under the auspices of Legal Service Authority
- Adani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled
- Rohit said 'just show us what you can do', recalls Shivam Dube post T20 WC selection
- Resignations of Lovely, Naseeb and Basoya indicate Congress high command's disconnect with ground reality
- Hamas standing in way of ceasefire, Blinken says during meeting with Israeli PM Netanyahu
Energy giant Shell to stop buying Russian oil, gas and shut down Russian operations
Energy giant Shell to stop buying Russian oil, gas and shut down Russian operations
Energy giant Shell has said that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country.
Energy giant Shell has said that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country. The decision was taken in light of international pressure for companies to sever ties over the military operation of Ukraine.
The company said on Tuesday in a statement that it would withdraw from all Russian hydrocarbons, including crude oil, petroleum products, natural gas and liquefied natural gas, in a phased manner.
The decision comes as surging oil prices have been rattling global markets and days after Ukraine's foreign minister Dmytro Kuleba criticized the company for continuing to do business with President Vladimir Putin's government.
While the U.S., Britain and the European Union have imposed tough economic sanctions on Russia, they have stopped short of banning oil and gas imports from Russia because of concerns about the impact that would have on global energy supplies.
According to the International Energy Agency, Russia is the world's second-biggest oil producer, accounting for more than 12 percent of global production.
