Shell donates Arctic permits to Canadian federal government
Shell has donated its Arctic energy exploration permits to the Nature Conservancy of Canada following its controversial exit from the region last year.
Shell has donated its Arctic energy exploration permits to the Nature Conservancy of Canada following its controversial exit from the region last year.
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 is learning not to waste a crisis. The Anglo-Dutch oil major is pulling on every lever to deal with the consequences of agreeing a takeover of rival BG Group just before the oil price collapsed last year. Shareholders can only hope that the zeal it now shows for running a tight ship will endure once the company is on a surer footing.
Royal Dutch Shell was in the ascendency after investors cheered on plans to trim investment and cut costs in the face of lower oil prices.
Shell said it has made a Final Investment Decision (FID) to build a major petrochemicals complex in Pennsylvania.
Shell boss Ben Van Beurden said the company was fully focused on being the world's number one oil and gas company.
Oil major Shell's move to leave as many as 10 countries can only be a "good thing" according to a leading professor of strategy.
Shell is to dramatically scale down investment and look for more cost savings as it attempts to adapt to a lower oil price environment.
Shell's chief executive Ben van Beurden this morning confirmed a host of strategies aimed at curbing Shell's spending and strengthening its financial position, including targeting up to 10 country exits.
Oil giant Shell may be about to announce further cost cutting and a possible delay to its plans to offload assets, a report said yesterday.
When it comes to the North Sea, there is no such thing as an easy sale, even for oil giants Shell and BP.
The Norwegian Petroleum Safety Authority (PSA) has given Shell a number of improvement notices after an audit was carried out on the management of the oil major’s working environment on the Draugen field.
Oil major Shell has resumed flights with CHC in Norway almost a month after a North Sea helicopter crash which killed 13 people.
Amnesty International has said oil giant Shell must not be allowed to “palm off its responsibility” for past spills in the Niger Delta region of Nigeria.
Shell is set to open an offshore legal centre.
Documents have revealed a number of companies have given up on leases in the Arctic Ocean less than a year after oil major Shell revealed it would be ending its exploration in the region.
Shell has reported restarting an unspecified unit at its Scotford, Alberta, facility, according to a community information line.
Militants in Nigeria have continue their campaign against oil majors, blowing up gas and crude pipelines belonging to Shell and Agip on Saturday.
North Sea workers are to be balloted for strikes in a dispute over pay with oil services giant Wood Group.
Engineering services group Amec Foster Wheeler has entered into consultation with employees in its Great Yarmouth offshore services facility with up to 100 jobs potentially at risk.
A special taskforce set up to tackle the fallout from the North Sea oil and gas crisis is to look at how it can help following news that up to 100 are at risk at Amec Foster Wheeler in Great Yarmouth.
Oil major Shell has been given consent to use the Island Constructor mobile drilling facility for start-up and repair of wells on the Draugen field.
Paul Goodfellow, Shell’s Vice President for UK & Ireland, has said that despite the “tough message” he had to deliver yesterday to staff in Aberdeen, he saw green shoots of sustainable change emerging in the North Sea.
Oil major Shell cannot switch too quickly to producing renewable energy without risking its dividend payments according to its chief executive.
As hundreds of delegates descend on Aberdeen for Decom Offshore 2016 to discuss the future of the sector Energy Voice looks at how some of the North Sea's older assets will be decommissioned in the future.