Shell to take hit of up to $5 bn on Russia exit Posted on April 7, 2022 by cngpump British energy giant Shell warned Thursday that it would take a hit of up to $5 billion (4.6 billion euros) on its exit from Russia, following Moscow’s invasion of Ukraine. Related posts: Euro zone in trade deficit for third month as energy costs surge TotalEnergies would not seek compensation for Myanmar exit ExxonMobil suspends Russian Far East LNG project – Interfax Crude oil price extends losses; Russia to fulfil supply contracts Russia seeks Indian investment in its sanction-hit oil and gas sector Despite sanctions, Putin may collect $321 billion windfall if oil and gas keep flowing US does not want ‘rapid acceleration’ in India energy imports from Russia China’s Sinopec pauses Russia projects, Beijing wary of sanctions Exxon signals record quarterly profit from oil and gas prices India not considering buying Russian oil in Rupee: Minister