FTSE 100 index hit by slow services sector growth and falling oil price
The London market sank deep into the red as the sliding oil price and lacklustre growth from the services sector punished top-flight stocks.
Shell
EV Insights: Hollywood’s campaign against climate change
Hollywood actors, politicians and artists joined force this month to pen a letter to the new director of the British Museum.
Shell pulls out of Norway Arctic licensing round
Oil major Shell has pulled out of an application from Norway's Arctic-focused oil licensing round.
Enter Shell’s Bright Ideas Challenge – Win up to £5,000 in just 2.5 hours!
What will cities look like in 2050? How will they be powered to be vibrant, healthy and clean places to live? That’s the question Shell is posing to secondary students, aged 11-14, through The Bright Ideas Challenge, their new cross-curricular schools competition.
Shell pumps more cash into Corrib
Shell have pumped an extra EUR50million into its Irish operation as the EUR3.6billion Corrib Gas field begins to generate revenue.
Shell HQ gets visit from investigators looking at alleged Nigerian corruption probe
Investigators have visited oil major Shell's headquarters in the Hague in relation to a Nigerian offshore oil field.
Shell considers North Sea sell-off in bid to raise $30bn
Shell today confirmed it was considering a North Sea sell-off in a bid to balance its financial books after completing its $35billion mega takeover of BG.
Death of LNG projects may lift market from rout
The demise of LNG projects such as Woodside Petroleum planned $40 billion Browse facility due to a plunge in energy prices is probably what will lift the market out of its current rut.
Statoil Fuel and Retail wins EU approval for Shell deal
Statoil Fuel and Retail has been granted antitrust approval for its acquisition of Shell's Danish retail and wholesale fuel business.
Woodside scraps $40billion LNG project after price collapse
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 lands new Shell industrial services deal
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.
Oil search in Arctic is safe claims Statoil
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 hit with HSE notice after Shell Curlew FPSO gas leak
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.
Shell and CNOOC to expand petrochemical plant
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.
Drillers can’t replace lost output as $100 oil inheritance is spent
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.
Shell invests in new Nigerian research centre at University
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.
North Sea operators team up to reduce warehouse stock
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.
Shell and Inpex to reduce staff on Abadi LNG project
Oil major Shell and Inpex are expected to reduce the number of workers they have employed on the proposed Abadi liquefied natural gas project.
Former Shell boss elected to Statoil’s board
A former Shell chief executive has been elected to Statoil’s board of directors.
Shell, Saudi Aramco to end 18-year US refining marriage
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.
Budget 2016: Shell VP says changes step in “right direction”
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 appoints new chairman and CEO
Erin Energy has appointed former Shell president John Hofmeister as its new chairman.
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.
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.