Video: Decommissioning Shell’s Brent field
Oil major Shell has revealed fresh footage which shows how it will decommission its Brent field in the North Sea.
Shell
Shell wins crude tender
Shell (LON: RDSB) has won a tender to sell Nigerian crude cargo to Argentina.
Shell-led group delays decision on Canada gas export plan
Royal Dutch Shell (LON:RDSB) Plc and its partners delayed for the second time this year a final investment decision on a terminal to export liquefied natural gas from Canada’s Pacific Coast to Asian markets.
Shell braces for possible North Sea strike action
Shell has found itself at the centre of workforce dispute, after negotiations broke down last week.
Brexit uncertainty could hinder Shell’s £20bn divestment programme – report
The boss of Shell has told investors that the uncertainty created by the Brexit referendum result could delay the firm’s divestment plans, a news report said. Shell chief executive Ben van Beurden set out plans to sell more than £20billion worth of assets over the next two years following the oil major’s takeover of rival firm BG Group earlier this year. Mr van Beurden has also said the company is mulling the sale of ageing assets in the North Sea, but would not exit the UK continental shelf completely.
Shell depriving ex-workers of tax breaks on redundancy pay – report
Shell will scoop up the tax breaks on redundancy payments that had been available to departing workers, a news report said yesterday. So-called foreign service relief allows UK workers who have spent parts of their careers abroad to reclaim some of the tax due on severance pay, but Shell has moved to claim the money instead, Reuters reported. According to the report, which cites internal documents from Shell, the company introduced the policy on April 1.
Shell confirms fire at Prelude construction site
Shell today confirmed reports of a fire breaking out at the construction site for its floating Prelude liquefied natural gas (LNG) project.
Iraq inquiry shows oil was a consideration for UK before war
The U.K. government held talks with Royal Dutch Shell Plc and BP Plc to ensure British energy companies were "well-placed to pick up contracts in the aftermath" of the invasion of Iraq, according to declassified documents released as part of an official inquiry.
Shell hit with summons from EPA over Corrib flaring
The Environmental Protection Agency (EPA) in Ireland said it will prosecute oil major Shell E&P Ireland over an alleged breach of its emission licence at the Corrib gas refinery in Mayo.
Green groups urge Shell to remove Brent platform legs
Green lobbyists and politicians yesterday accused Shell of shirking its environmental responsibilities with its plans to leave the gigantic legs of its Brent field platforms in the North Sea. Mark Ruskell, Scottish Greens MSP for Mid Scotland and Fife, said the Brent field had generated millions for Shell and its shareholders and should be left in the same condition in which it was found. On Monday, Shell said it would recommend leaving the 300,000 tonne legs from three of the field’s four platforms in place, along with storage cells, the lower section of the Alpha platform’s jacket, drill cuttings and heavier pipelines entrenched in the seabed.
Sterling plunges to new 31-year low on Brexit fears
Sterling plunged to a fresh 31-year low as the Bank of England said it would boost lending by up to £150 billion to help ease the economic pressure caused by the Brexit vote.
First Subsea wins Shell contract
First Subsea has won a contract from Shell to supply mooring line connectors for its Appomattox development.
Updated: Shell plans to leave Brent platform legs in North Sea
Shell (LON: RDSB) plans to leave platform legs, storage cells and entrenched pipelines in the North Sea at the end of its multi-billion pound Brent decommissioning campaign, the oil major said yesterday. Duncan Manning, Shell’s business opportunity manager on Brent Decommissioning, said the removal of certain items of subsea infrastructure was potentially dangerous for workers and had little merit for the environment. On the back of years of research and consultation, the firm is preparing to submit its recommendations to the Department of Energy Change (DECC) by the end of the year.
Shell boss warns more job losses at the firm could “absolutely” happen
The boss at Royal Dutch Shell has reportedly said further job losses could “absolutely” take place at the company. Shell chief executive Ben van Beurden said in an interview with the Sunday Telegraph cuts were always a possibility in the absence of large deals being struck. Shell is axing about 12,500 roles this year due to a combination of low oil prices and its takeover of BG Group.
Shell launches investigation after blockage discovered on Brent Bravo
Oil major Shell has launched an investigation after a blockage was discovered in a drilling pipe on a North Sea platform.
Shell boss taking “good look” at North Sea assets
Shell's boss Ben Van Beurden has said the company is taking a "good look" at some of the company's more mature North Sea assets.
Shell boss urges UK to keep free trade and movement
The chief executive Shell has urged a post Brexit UK to hold onto free trade and free movement of people.
Shell boss keen to help UK with climate change, “when it makes business sense”
The boss of Royal Dutch Shell (LON: RDSB) wants the oil and gas giant to play a big part in the UK’s quest to meet climate change targets, “when it makes business sense”. Shell chief executive Ben van Beurden also expects the UK’s energy demand to level off as the country becomes more fuel efficient. “Social, political and geographical conditions differ from country to country," Mr van Beurden will say today at the company’s Powering Progress Together Forum. "In other words, the energy transition is likely to play out in a different way and at a different pace in different places.
BP and Shell get markets boost
The FTSE 100 has risen 1.67% at the opening of trading, building on Tuesday’s gains following a brutal Brexit battering.
Brexit: Shell vows to work with UK Gov, despite backing Remain camp
Oil major Shell has said it respects the decision of the "British people" to leave the European Union, despite being in favour of a remain vote.
Shell reprimanded by HSE over gas leak on North Sea installation
Shell has been reprimanded by the Health and Safety Executive after workers were placed in danger following a gas leak on a North Sea installation.
Shell cleared to resume drilling in Canada
Shell Canada has been cleared to resume drilling of two exploration wells after an accident in March.
Intermoor completes work on Shell’s Mailkai project
InterMoor has completed the marine aspects of Shell's Malikai tension leg platform (TLP) float-off operations.
McDermott lands pipeline contract with Shell in Brunei
Engineering group McDermott has been awarded further pipeline work for 2017 under a multi-year offshore installation contract with Shell in Brunei.
Gazprom and Shell assets swaps “certain” by end of year claims Medvedev
Gazprom could gain control over some of the assets Shell's recently acquired BG assets in a swap deal, a senior Gazprom executive said.