Shell reaches $15million payment deal with PetroMatad
Oil major Shell said it has come to an agreement with Petro Matad over payment obligations following its withdrawal from the projects.
Shell
Shell Australia chairman calls for greater levels of immigration
Oil major Shell has called for greater levels of immigration to help boost population growth in Australia.
OCG “strongly” backs Wood Group employees 48-hour strike
The Offshore Coordinating Group said it "strongly" backs the strike action being taken by workers in dispute with Wood Group over changes to pay and conditions.
Shell starts planned stoppages on two platforms as North Sea strikes take hold
Shell has undertaken planned stoppages on two of its seven assets affected by North Sea strike action.
North Sea 48-hour strike: What we know so far
Hundreds of workers are striking on seven of Shell's North Sea platforms in a dispute over pay and conditions with their employer Wood Group.
Shell says 48-hour North Sea strike action “deeply disappointing”
Oil major Shell said it was "deeply disappointing" unions had chosen to continue with their 48-hour strike today.
Workers begin 48-hour strike on Shell’s North Sea assets
A 48-hour North Sea strike has begun on seven of Shell’s assets after last ditch attempts to reach an agreement between unions and workers broke down.
Strike action talks fail to bring resolve ahead of 48-hour North Sea action
A further set of eleventh-hour talks have failed to avert a 48-strike on Shell's North Sea assets.
Idemitsu family bought shares in Showa Shell to block takeover
The founding family of Idemitsu Kosan Co has bought 400,000 shares in Showa Shell Sekiyu KK, enough to be able to force a tender offer bid for its rival, in the hope of blocking management's takeover plan, the family's lawyer said.
Wood Group boss says its “hugely disappointed” over continued strike action
The chief executive of Wood Group has said the company is "hugely disappointed" after failing to reach a resolution with unions to bring strike action to an end.
DOF Subsea nets Shell Prelude contract
Oil major Shell has awarded DOF Subsea a five-year contract to provide a full-time underwater services and a multi-purpose supply vessel to the Prelude FLNG facility in Australia.
Unions to stage 48-hour strike on Shell’s North Sea assets
Unions will stage a 48-hour strike next week as industrial action continues on seven Shell assets in the North sea.
Overtime ban leaves workers marooned on Brent Alpha
An overtime ban by disgruntled offshore workers has left a number of employees marooned on Shell’s Brent Alpha platform in the North Sea. Following the firm’s second quarter results announcement, Shell chief executive Ben van Beurden said the company had “seen difficulties with logistics” relating to helicopter transport, but did not elaborate. A spokesman for Shell later said an aircraft scheduled to pick up workers on Alpha was unable to land due to a shortage of available helideck operatives, and had to return to Sumburgh
Shell, Total and ConocoPhillips reveal extent of crude price woes in Q2 updates
A number of oil and gas companies with North Sea operations have revealed the impact of low crude prices on their trading in recent months. Shell chief executive Ben van Beurden said the firm is “enjoying” the benefits of recent efforts to get its North Sea business in shape, but declined to rule out additional job losses. Speaking after Shell reported a 72% drop in second quarter net income to $1billion (£762million), he said Shell had done more to lower costs and enhance reliability in the North Sea than in any other mature basin.
Shell makes new oil discovery in Gulf of Mexico
Oil major Shell said it has made a new exploration discovery in the Gulf of Mexico.
Shell says sale of 17 assets “active” after posting 72% slide in Q2 earnings
The boss at Royal Dutch Shell (LON: RDSB) said today that the firm is “enjoying” the benefits of recent efforts to get its North Sea business in shape, but declined to rule out additional job losses. Shell chief executive Ben van Beurden said the company had done more to lower costs and enhance reliability in the North Sea than in any other mature basin. Speaking after Shell reported a 72% drop in second quarter earnings, Mr van Beurden said the companies’ North Sea portfolio was “contributing” in the face of “tough” economic conditions.
North Sea strike action resumes on Shell assets
North Sea oil workers have resumed strike action on a number of Shell assets.
Shell earnings drop 72% on lower oil
Oil major Shell said its earnings dropped by 72% compared with the same quarter last year.
Firm created by Emerstone wins Ukraine shale contract after Shell pulls out
A company which was set up by investment fund Emerstone Energy has won a contract for shale gas exploration in Ukraine after oil major Shell withdrew from Ukraine.
Shell pays out more than $700,000 to settle civil prosecution over fuel reward cards
Shell Oil Products has agreed to pay more than $700,000 to settle a civil prosecution over gift cards and fuel reward cards.
North Sea strike action: What we know so far
North Sea offshore workers will begin the first strike action in a generation.
Shell Philippines to offer country’s largest IPO
Shell Philippines is looking to raise up to $629million for what could be the country's third and largest initial public offering (IPO).
Protests to be held in support of North Sea workers in first strike in a generation
Unions are to hold two protests at Wood Group offices and Shell premises in Aberdeen tomorrow in support of offshore staff taking part in the first strike action in 28 years.
Shell says no impact on production expected on eve of North Sea strike action
Oil major Shell said it does not expect any impact on oil production ahead of the first strike action in a generation tomorrow.
For big oil next week is as good as it gets
For oil companies, the second quarter might be as good as it gets.