Shell’s deepwater push continues with latest Brazil production
Shell has begun oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil's Campos Basin.
Shell
Nigeria’s government to toughen up against oil pipeline vandalism
Nigeria's government said it will prosecute vandals who attack the country's pipelines.
Petrofac wins $250million North Sea contract, secures 65 jobs
Petrofac has been appointed as duty holder to support North Sea incomers Anasuria Operating Company Limited in a deal worth $250million, securing 65 jobs.
Stark contrast in pay outcomes for the bosses of Shell and Subsea 7
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 CEO takes EUR18million pay cut
Shell’s Ben van Buerden saw his total remuneration pay packet drop from EUR18.6million to EUR5.57 ($6.12million) this year.
Shell chief executive says firm is prepared to cut even further
Ben van Beurden said Shell was prepared to cut even further if the markets dictated a need.
Shell seen as best oil major wager by analysts after BG deal
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.
Shell cash doesn’t bring quick fix after Nigerian oil spills
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.
Statoil, Shell put concept for Bressay field on hold
Norwegian operator Statoil and Shell have decided to put the concept selection process for the Bressay field on the UK Continental Shelf.
Shell said to be eyeing $30billion divestment program
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.
Nigerians sue Shell in UK court over oil spill pollution
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.
Alaska failure not behind Shell executive’s exit
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.
For Exxon and Shell the age of the ultra-major comes at wrong time
The $64 billion tie-up of Shell with BG Group and the steady growth of Exxon Mobil re creating a new league of two: the ultramajors.
Shell agrees deepwater Bulgarian oil and gas exploration deal
Shell has agreed a deal with the Bulgarian government to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total dependence on Russian natural gas.
Cheniere lines up first tanker export of US LNG
A LNG tanker docked at the Sabine Pass terminal in Louisiana only days before the United States ships its first export cargo of seaborne gas from the lower 48 states.
Cape lands pipe insulation deal for Prelude FLNG
Cape has secured a contract with Samsung Heavy Industries in South Korea for the installation of insulation to the Cryogenic Pipework on the Process Topside on Shell’s Prelude FLNG facility.
Tenders being sought for Shell’s corrib pipeline
The Irish Government is said to be seeking tenders to monitor the Corrib gas pipeline on behalf of its Department on Energy.
Shell launches investigation into Nigerian oil spill
Oil major Shell has launched an investigation into the source of a crude oil spill observed around water at the Forcados Terminal in Nigeria.
Shell leapfrogs Total as UK’s biggest producer after BG merger
Shell leapfrogged Total to become the UK’s biggest net oil and gas producer after completing its £36million takeover of BG Group. The “mega-merger” was approved by shareholders from both companies last month and went through yesterday. It creates a firm with a net output of 200,000 barrels of oil equivalent (boe) per day in the UK alone.
Shell expects oil and gas output in Brazil to quadruple by 2020
Oil major Shell expects oil and gas output in Brazil’s offshore industry to quadruple by 2020.
Shell BG deal will ‘shape more competitive company’
Royal Dutch Shell has hailed its 52.6 billion US dollar (£36.4 billion) takeover of BG Group as a step towards becoming a “simpler, leaner, more competitive company”. The mega-deal - creating the biggest trader of liquefied natural gas - came into force on Monday after shareholders waved through the tie-up at the end of January.
Shell completes BG takeover
Shell has completed its $68.2billion merger with BG Group which will now be delisted from the London Stock Exchange.
BG Group, gas-shipping pioneer, trades final time before merger
BG Group Plc, pioneer of natural-gas shipping, will trade on stock exchanges for the last time on Friday, 19 years after it was created.
Shell cancels £10bn credit facility for BG merger
Shell today confirmed it had cancelled its £10,070,000,000 bridge credit facility.
Shell sells stake in North Sea field
Shell has sold its stake in the UK North Sea Maclure oil and gas field to Nobel Upstream.