Woodside Petroleum Ltd. and partners including Royal Dutch Shell and BP scrapped plans to develop the $40 billion Browse liquefied natural gas project in Australia after the plunge in oil and gas prices.
Wood Group has secured a new three year contract with Shell, to deliver industrial services to the St Fergus gas processing plant in Aberdeenshire and the Mossmorran gas processing plant and Braefoot Bay marine terminal in Fife, Scotland.
Ice, extreme temperatures and a vulnerable environment are all surmountable challenges as drillers set out to hunt for oil in a new area of Norway’s Arctic Barents Sea, according to Statoil and other explorers.
Swire Pacific Offshore has been hit with a Health and Safety (HSE) improvement notice after an incident involving Shell's Curlew FPSO in the North Sea. The move comes after Shell were also hit with a warning notice last year following the incident in January 2015.
China National Offshore Oil Corporation (CNOOC) and Shell have confirmed the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture in Huizhou, Guangdong Province, China.
A wave of projects approved at the start of the decade, when oil traded near $100 a barrel, have bolstered output for many producers, keeping cash flowing even as prices plummeted.
Oil major Shell has invested in a new subsurface research centre in Nigeria to help boost the country's further development in the oil and gas industry.
A group of North Sea operators have come together to improve efficiency with the launch of a trial scheme to share 200,000 inventory items.
Oil major Shell and Inpex are expected to reduce the number of workers they have employed on the proposed Abadi liquefied natural gas project.
A former Shell chief executive has been elected to Statoil’s board of directors.
Royal Dutch Shell Plc and Saudi Arabian Oil Co. are ending an 18-year refining partnership as the Anglo- Dutch crude titan prepares to sell billions of dollars of assets and as Saudi Arabia’s national oil company eyes a possible initial public offering.
Oil major Shell's vice president from Upstream in the UK & Ireland said changes brought in by the government are a "step in the right direction" to help the North Sea oil and gas industry.
Erin Energy has appointed former Shell president John Hofmeister as its new chairman.
Shell has begun oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil's Campos Basin.
Nigeria's government said it will prosecute vandals who attack the country's pipelines.
Petrofac has been appointed as duty holder to support North Sea incomers Anasuria Operating Company Limited in a deal worth $250million, securing 65 jobs.
Shell boss Ben van Beurden took an 77% pay cut but his counterpart at Subsea 7 doubled his pay packet as crude prices tumbled and thousands of oil and gas workers lost their jobs during 2015.
Shell’s Ben van Buerden saw his total remuneration pay packet drop from EUR18.6million to EUR5.57 ($6.12million) this year.
Ben van Beurden said Shell was prepared to cut even further if the markets dictated a need.
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.
As canoes glide past mangroves blackened by oil in the Niger River delta, two dozen children splash around in a creek covered by a sheen of crude while families take shelter from the punishing midday sun in half-built houses.
Norwegian operator Statoil and Shell have decided to put the concept selection process for the Bressay field on the UK Continental Shelf.
Oil major Shell is said to be lining up assets for a $30billion divestment program which could extend from the US and Trinidad to India following its takeover of BG Group last month.
Tens of thousands of Nigerian fishermen and farmers are suing multinational oil giant Shell in two new lawsuits in a British court alleging decades of uncleaned oil spills have destroyed their lives.
Shell's exit from Alaska last year was "a huge disappointment," but did not push top North American executive Marvin Odum to exit the company, he said.