A group of seven oil and gas companies, including Shell, will reveal plans for a renewable energy investment fund on Friday, a news report said, citing unidentified sources.
Shell's surprise rise in headline quarterly profits is rightly impressing shareholders, whilst rival BP still has work to do.
Oil major Shell has revealed it has made 1,000 job losses from its North Sea operation since the global decline in oil price.
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.
Shell posted pre-tax profits of $1.86billion in the third quarter of 2016, but only moved another $220million towards its divestment target.
Oil major BP is expected to report its profits have more than halved when it published its third quarter results this week.
An energy contractor working at a Shell Canada site has been killed in an accident, according to reports.
The trading arms of Royal Dutch Shell Plc and BP Plc enjoyed their best year ever in 2015, helping push the combined gross margins of oil merchants to a six-year high, according to a closely watched report.
Singapore, which is vying to become a regional center for the trading of liquefied natural gas in Asia, picked Royal Dutch Shell Plc and Pavilion Gas Pte Ltd. as its next suppliers of the fuel.
Oil and gas giant Shell plans to sell $30billion worth of assets from 2016 to 2018 to offset the cost of its $50billion takeover of BG Group, which was completed in February.
Shell has sold assets worth $1billion.
Shell is currently trying to shift 16 assets, according to the oil major’s head of upstream Andy Brown.
SNC-Lavalin has been appointed to an Energy Technologies Institute (ETI) project to develop a generic business case to take carbon capture and storage (CCS) forward in the UK.
Shell has awarded a frame agreement contract to IKM for the development of multi-technical personnel.
The widow of a Nigerian activist plans to take legal action against oil major Shell in Dutch courts.
Production resumed today from the giant, $50billion Kashagan oil and gas field in the Caspian Sea, Kazakhstan’s energy ministry said in a statement.
Royal Dutch Shell Plc is considering a sale of its stake in a Malaysian liquefied natural gas export plant, which could fetch more than $1 billion, people familiar with the matter said.
Royal Dutch Shell Plc has invited binding bids from parties including Ineos AG and Blackstone Group LP-backed Siccar Point Energy for the sale of some of its U.K. North Sea assets worth about $2 billion, according to people familiar with the matter.
Royal Dutch Shell Plc is set to pay $26 million for Abengoa SA’s ethanol plant that cost it and taxpayers about $500 million to build.
Russian oil giant Rosneft is expected to follow Shell and BP into the Indian fuel retail market with the acquisition of a stake in Essar Oil, a news report said.
Dovre Group said it has been awarded a frame agreement for the supply of temporary technical personnel to oil major Shell.
Japanese refiner Idemitsu Kosan Co. will delay a planned April 2017 merger with domestic rival Showa Shell Sekiyu K.K. amid opposition from its founding family.
Kuala Lumpur-based Hibiscus Petroleum has entered into a conditional agreement to buy Shell’s interests in four producing oil fields off Malaysia.
Transocean has issued $600million in secured notes due 2024 to finance the construction of a drillship which started work on a contract for Shell earlier this year.
Shell has signed an agreement with Iran that could pave the way for collaboration on petrochemicals, a news report said.