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06/02/2026
The Mexican group has been ordered to halt their investment in a railway line.
Latest
2 m ago
The union is demanding that workers at the refinery of British Petroleum located in Whiting, Indiana, prepare for a strike or work stoppage.
5 m ago
Colombia is in negotiations with Ecuador over a trade dispute.
6 m ago
Shell CEO: Due to the lawsuit filed by Kazakhstan against the company involving a potential amount of several billion dollars, we will temporarily suspend investments in Kazakhstan.
7 m ago
The CEO of Shell stated that the company will temporarily suspend its investments in Kazakhstan due to potential lawsuits involving oil giants in the country, with compensation amounts that could amount to billions of dollars. It is reported that Kazakhstan is seeking compensation from several Western oil companies through the country's courts and international arbitration institutions for multiple cases. The disclosed lawsuit involving Shell and its partners could result in compensation of up to $4 billion. In addition, lawsuits regarding excessive sulfur emissions and project costs are still ongoing. The CEO of Shell said, "This does indeed affect our willingness to further invest in Kazakhstan." Despite believing in the existence of numerous investment opportunities in the future, the company will wait for a clearer judgment before making a decision.
8 m ago
The CEO of Royal Dutch Shell (SHEL.N) company stated that due to lawsuits filed by Kazakhstan against oil giants, involving potential amounts of tens of billions of dollars, the company will suspend its investments in Kazakhstan. It is reported that Kazakhstan is seeking compensation from several Western oil companies through its national courts and international arbitration institutions for multiple cases. The disclosed lawsuit this month involving Shell and its partners could lead to a compensation amount of up to $4 billion. In addition, lawsuits regarding excessive sulfur emissions and project costs are still ongoing. The CEO of Shell stated, "This indeed affects our willingness to further invest in Kazakhstan." Although the company believes there are plenty of investment opportunities in the future, "we will wait to make a decision until there is a clearer judgment."
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