Analysts hint at merger of Shell and BP
Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe.
Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe.
Glasspoint Solar Inc., a closely held producer of solar equipment used for enhanced oil recovery, received $53million from a group of investors led by Royal Dutch Shell Plc and Oman’s largest sovereign wealth fund.
Oil giant Shell is selling more assets as part of plans to offload £9billion worth of assets worldwide.
The North Sea platform where two workers died following a major gas release is at the centre of a fresh safety scare, the Press and Journal can reveal.
Royal Dutch Shell, Europe’s largest oil company, is advancing plans to sell four fields in Nigeria to meet a $15billion asset-sales plan.
Dutch oil giant Shell has struck a new gas discovery at its majority owned deep-water block SK318 offshore Malaysia.
Sanctions that the west has imposed on Russia do not bring results as the popularity rating of President Vladimir Putin is continuously growing, a former oil boss has claimed.
Nearly 150 oil workers were evacuated from a UK North Sea platform after a power failure, Shell said today.
The largest piece of turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sale.
Shell has sold two of its assets in two bumper deals.
Swiss oil trader Vitol has launched a new upstream firm in Australia following the acquisition of Shell’s downstream business in the country for $2.6billion.
A North Sea worker is suing oil giant Shell after he was allegedly exposed to deadly asbestos dust more than 40 years ago.
A private equity group is considering assuming Royal Dutch Shell’s 50% stake in a shale-gas field in Louisiana, according to sources.
Shell today confirmed it will shed about 250 jobs from its Aberdeen office over the next year.
Nigeria’s government and Royal Dutch Shell have failed to act on a United Nations 2011 report on oil pollution in Ogoniland in the Niger Delta, according to an Amnesty International joint assessment.
Falling fortunes at BP and Shell could force the two oil and gas giants into a “mega-merger” within a couple of years, some City analysts believe.
Royal Dutch Shell, Europe’s biggest oil company, beat analyst second-quarter earnings estimates while pushing ahead with a restructuring program that saw it write off about $1.9billion in US gas assets.
The oil and gas industry is "voting with its feet" and recruiting in places like India due to a dearth of skills in richer countries, the boss of energy giant Shell says.
Shell has made its third major discovery in the Norphlet play in the Gulf of Mexico.
Shell has called on farmers and fishermen in Nigeria to consider offers as the latest round of an oil-spill compensation dispute ended at the High Court in London.
Shell has signed a global strategic alliance agreement over partnership in oil and gas operations in China and globally with China National Offshore Oil Corporation (CNOOC).
Oil giant Shell has sold 19% of its shares in Australian energy firm Woodside Petroleum for $5billion.
Oil & Gas UK has appointed two operator representatives to its board.
Shell is hunting for a new chairman amid growing speculation that current chief Jorma Ollila will step down next year.
A major fire broke out at a chemical plant operated by oil giant Royal Dutch Shell near the Netherlands port city of Rotterdam.