Shell signs up Stena Forth for Egypt drilling
Shell has contracted the Stena Forth for three wells offshore Egypt, following the rig’s recent success at the Nargis-1 exploration well for Chevron.
BG
2016: The year of the mega-merger
From Shell and BG to Baker Hughes’ multiple suitors, 2016 saw a major shake-up in sector’s players line-up. Find out who decided to combine their lots and who ditched the talk in the gallery below. Click “Read Article” to see the report in full. 2016 Mergers
2016 Top Stories: Declassified documents show Thatcher’s response to Piper Alpha
Energy Voice has looked through its archives to bring you some of the best stories from this year.
Shell’s record BG deal starts to pay off as production surges
Royal Dutch Shell Plc’s biggest takeover, the subject of intense investor scrutiny during crude’s collapse, is starting to pay off as Europe’s largest oil company chalks up its highest profit in five quarters.
Lund joins private equity firm as operating adviser
Former BG boss and Statoil chief executive Helge Lund has joined private equity company Clayton, Dubilier and Rice (CD&R) as an operating adviser.
Shell cuts 225 jobs in Norway
Oil major Shell has cut 225 positions from its operations in Norway following its takeover of BG Group.
Former BG boss Lund injects cash in new investment company
The former boss of Statoil and BG Group has injected cash into a new company with compensation from when he stepped down from his latest role.
Shell faces long haul to knock Exxon from top spot
Shell chief executive Ben Van Beurden spelled out his main goal last week - surpass Exxon Mobil to become the best-performing oil major.
Opinion: Shell rolls out cost-cutting measures following BG merger
Royal Dutch Shell has unveiled steeper cost-cutting measures for the business after the recent deal to acquire BG saw debt levels rise to 26% of the global oil giant’s total capital.
Shell starts jobs consultation with Australian employees
Oil major Shell said it has begun discussions with staff in Australia about job losses as part of plans to cut 10,000 roles globally.
Shell expected to confirm today where North Sea HQ will be post BG takeover
Oil giant Shell is expected to tell staff in Aberdeen today that its North Sea headquarters will be based at Tullos in the wake of its takeover of rival BG Group.
Oil worker airlifted from North Sea platform to hospital
An oil worker has been airlifted to hospital after becoming ill on a North Sea platform.
Shell seen as best oil major wager by analysts after BG deal
Ben Van Beurden staked his reputation on Royal Dutch Shell Plc’s $53 billion acquisition of BG Group Plc as crude slumped. Analysts are rewarding the chief executive officer by putting the enlarged company in pole position to exploit a market upturn.
Shell BG deal will ‘shape more competitive company’
Royal Dutch Shell has hailed its 52.6 billion US dollar (£36.4 billion) takeover of BG Group as a step towards becoming a “simpler, leaner, more competitive company”. The mega-deal - creating the biggest trader of liquefied natural gas - came into force on Monday after shareholders waved through the tie-up at the end of January.
BG Group, gas-shipping pioneer, trades final time before merger
BG Group Plc, pioneer of natural-gas shipping, will trade on stock exchanges for the last time on Friday, 19 years after it was created.
Shell cancels £10bn credit facility for BG merger
Shell today confirmed it had cancelled its £10,070,000,000 bridge credit facility.
Shell: Industry faces major renaissance
The industry is in the crux of its own renaissance as it grapples with job losses, low oil price and lagging efficiency, according to Shell’s project & technology director.
Footsie slips despite BG Group’s results
London’s FTSE 100 Index struggled for direction, as oil and gas exploration firm BG Group announced it had steered the business back into the black.
Shell needs to repay investors who backed its biggest ever wager
Royal Dutch Shell Plc is under pressure to reward the faith of the more than 80 percent of shareholders who shrugged off the risks from slumping oil prices to back its record acquisition of BG Group Plc.
Updated: Shell shareholders approve BG takeover
Shell's shareholders today approved its takeover of BG.
Shareholders expected to seal BG, Shell deal this week
The biggest oil and gas deal in a decade is expected to get the nod of approval from shareholders this week.
Norway’s sovereign fund approves Shell and BG merger
Norway's $790billion sovereign wealth fund will vote in favour of a merger of energy companies Shell and BG.
Shell’s stocks slide after oil major reports poor earnings
Shell's shares dropped 4% after the update amid wider falls on the London market as the oil price slump continues to hit stocks.
BG sees profit of at least $2.3billion after oil-price slump
BG Group Plc, which agreed to be acquired by Royal Dutch Shell Plc last April, expects to report full-year profit of at least $2.3 billion after crude oil prices extended their decline.
Shell boss says BG deal is “sensible risk to take”
Shell boss Ben van Beurden is optimistic that shareholders will overwhelmingly back its mega-merger with rival BG Group as investors mull the final case put out by both oil giants later this week.