Quotes from the news wire:
Our actions to date have been guided by continuous discussions with governments about the need to disentangle society from Russian energy flows, while maintaining energy supplies, threats today to stop pipeline flows to Europe further illustrate the difficult choices and potential consequences we face as we try to do this.
Found on CNN 1 year ago
We will be doing quite a bit of portfolio high-grading on the back of the BG deal and it doesn't necessarily mean getting out of stuff. It may also mean selectively deepening in areas where we can continue to build on our strengths, you always look at whether a portfolio is deepening positions in areas or whether it is disposing of positions that are due for restructuring or where we don't see the strategic fit any more. That hasn't changed on the back of the BG deal.
The theory also ignores the reality of our industry and as a matter of fact it actually risks distraction from the real issues around energy transition needs, if there will be no further investments in oil production, the gap between supply and demand could be 70 million barrels per day by 2040 ... we will need sustained and substantial investment just to meet the demand to fuel economic growth especially in the developing world.
The contract that we have with Fos, the maritime contractor that we have there, the lease that they have in terminal 5 we think they are legally valid and indeed have tested it and are ready to move ahead with putting the Polar Pioneer (rig) there, loading it out so it is ready for its journey to Alaska, we have not seen, apart from the protests, any legal obstacles for us to do that.
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