'We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,' Shell CEO Ben van Beurden said in a statement.
Shell said it's selling a 27.5% stake in Sakhalin-II, an integrated oil and gas project located on the Sakhalin island in Russia, as well as a 50% interest in Salym Petroleum Development N.V.
The company said that it had about $3 billion in"noncurrent assets" through its Gazprom ventures at the end of 2021.said Monday it is ending an"equity partnership" with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues.
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