Deadly gas detected on North Sea platform
Chevron North Sea’s Alba Northern platform was shut down after “low levels” of a potentially-deadly gas were detected.
Shell
Investigation completed by PSA into falling objects at Nyhamna
The Norwegian Petroleum Safety Authority (PSA) has completed an investigation into Norske Shell and contractors’ own follow-up of incidents involving objects last year at Nyhamna.
Shell evacuates workers from North Sea platform
Shell was forced to evacuate nearly 80 people from one of its North Sea platform.
Footsie rises after rally by miners and BG Group profit swing
London’s FTSE 100 made modest gains, as a continued rally from heavyweight miners and a profit swing for oil and gas company BG Group pushed the index higher.
Footsie slips despite BG Group’s results
London’s FTSE 100 Index struggled for direction, as oil and gas exploration firm BG Group announced it had steered the business back into the black.
Shell’s shares tumble after earnings halved
Oil giant Royal Dutch Shell has seen its full-year earnings slump by more than half due to tumbling crude prices and confirmed it would cut 10,000 jobs.
Offshore union warns of long-term damage to oil and gas industry
Offshore union RMT has warned of long-term damage to Britain’s energy industry after BP posted its largest annual loss for 20 years and revealed another 3,000 job losses as it continued to hack back on budgets in the face of global turmoil.
FTSE in the red as City reacts to BP results
The London market has dived deep into the red once more amid falling oil prices and as blue chip giant BP posted its largest annual loss for at least 20 years.
Shell sells shares in refining company in Malaysia
Shell has reached a conditional agreement with Malaysian Hengyuan International Limited (MHIL) for the sale of its shareholding in the Shell Refining Company for $66.3million.
Shell transitioning Texas trucking fleet to LNG vehicles
Oil major Shell is transitioning its trucking fleet to more liquefied natural gas-fuel vehicles in Houston and Louisiana.
Shell needs to repay investors who backed its biggest ever wager
Royal Dutch Shell Plc is under pressure to reward the faith of the more than 80 percent of shareholders who shrugged off the risks from slumping oil prices to back its record acquisition of BG Group Plc.
Updated: Shell shareholders approve BG takeover
Shell's shareholders today approved its takeover of BG.
China clears Shell-BG Group deal
China’s government has approved Shell’s £47billion takeover of BG Group, a Ministry of Commerce spokesman has confirmed. This means that Shell has passed the last anti-monopoly review prior to the completion of the acquisition. Shell is expected to account for some 30% of China’s total natural gas imports by 2017, according to available statistics.
Irish Energy Minister opens Shell’s Corrib gas project
Oil major Shell’s Corrib gas project was officially opened in Co Mayo yesterday by the Minister of State for Natural Resources.
Shell’s BG arbitrage fades as investors set to back deal
Royal Dutch Shell Plc is on the brink of completing its biggest acquisition as shareholders look set to back its purchase of BG Group Plc. Risks to the deal completing have almost disappeared. The discount of BG’s shares to the offer price narrowed to a record low of 2.2 percent on Monday after some of Shell’s top shareholders and advisory firms backed the transaction this month. It was at 12.5 percent on Dec. 21.
Statoil injects €150m into Shell’s Corrib gas field
Filings from the Companies Registration Office in Ireland have shown that Norwegian operator Statoil injected €150million into the Corrib gas gield, according to reports. The company owns a 36.5% stake in the field off the West of Ireland, while Shell owns a 45% stake and Vermilion owns 18.5%.
Norway’s sovereign fund approves Shell and BG merger
Norway's $790billion sovereign wealth fund will vote in favour of a merger of energy companies Shell and BG.
Shell’s stocks slide after oil major reports poor earnings
Shell's shares dropped 4% after the update amid wider falls on the London market as the oil price slump continues to hit stocks.
Markets tumble amid sliding oil prices
Markets tumbled on opening this morning as traders reacted to sliding oil prices, and as Royal Dutch Shell said its earnings are expected to more than halve for 2015. The FTSE 100 Index fell 3%, or 175.2 points, to 5699.5 after the price of Brent Crude fell below $27.50 before staging a slight recovery.
BG sees profit of at least $2.3billion after oil-price slump
BG Group Plc, which agreed to be acquired by Royal Dutch Shell Plc last April, expects to report full-year profit of at least $2.3 billion after crude oil prices extended their decline.
Shell’s total job cuts to tally 10,000, earnings tumble
Shell today confirmed its total job cuts for 2015-2016 would tally 10,000.
Wood Group lands Australian Prelude FLNG deal
Wood Group has secured a three year contract with Shell's Prelude Floating Liquefied Natural Gas (FLNG) project in Australia.
Shell boss says BG deal is “sensible risk to take”
Shell boss Ben van Beurden is optimistic that shareholders will overwhelmingly back its mega-merger with rival BG Group as investors mull the final case put out by both oil giants later this week.
Shell executive set for BG top job
Top Shell executive Huibert Vigeveno is set to become the transitional chief executive of BG Group after the expected completion of the £34billion “mega-merger” of the two oil giants next month
Pictures: Storm leaves scaffolding dangling from Shell’s Brent Delta platform
Scaffolding was left precariously dangling from Shell's Brent Delta after storm weather battered the platform.