BP and Shell hit after OPEC output cuts halt oil-trading bonanza
The oil-trading boom that cushioned the profits of Royal Dutch Shell Plc and BP Plc through the price slump of 2015 and early 2016 is over.
Shell
Ithaca boss pledges security for staff in Delek takeover
Bosses at Ithaca Energy said it would be “business as usual” for the North Sea oil producer following its anticipated takeover by Israeli firm Delek Group.
Flurry of deals shows investors still believe in North Sea
A recent spate of acquisitions shows oil companies and investors still see potential in the North Sea, a lawyer said yesterday.
Management of Royal Dutch Shell’s community fund criticised
An Irish local authority has been criticised over the management of an €8.5million community benefit fund provided by Royal Dutch Shell (Lon: RDSA).
Videos: Shell ‘shows its working’ on Brent decommissioning plans
Shell has published two videos explaining its approach to the Brent field decommissioning project.
This week’s top Shell stories
Energy giant Shell was at the front and centre of some massive announcements this week that sent shockwaves through the oil and gas industry.
Shell CFO urges journalists to “speak the truth” in testing times
Shell’s outgoing chief financial officer has urged journalists to “speak the truth” as the press is “tested” in the coming years.
Shell must be at the vanguard of the “unstoppable” energy transition
Shell must be at the vanguard of the “unstoppable” energy transition, its chief executive said today.
Sector will thrive regardless of Brexit negotiations, says Shell CEO
Shell boss Ben van Beurden today insisted he is confident the company will thrive whatever the outcome of the Brexit negotiations.
Shell’s shares on the rise
AJ Bell Investment director Russ Mould said: “Royal Dutch Shell’s shares were up in early trading despite a fall in earnings.
Ben van Beurden: Shell “reshaping” is beginning to bear fruit
The boss of Shell said today that the energy giant's "reshaping" is beginning to bear fruit.
Shell CEO says sell-off strategy paying off, full year earnings fall 37%
Shell's (RDSA) chief executive today said the oil major's sell-off strategy was starting to pay off.
Interview: Chrysaor boss eyes further growth after Shell deal
Shell has agreed to sell assets that contributed more than half of the company’s UK North Sea production last year.
Oil investors wary after ‘nasty year’ of profit declines
Crude prices may have stabilized, but it’s still not a great time to be Big Oil.
See: Shell’s North Sea assets that sold for $3.8billion
Shell has agreed to sell a set of UK North Sea assets to Chrysaor for up to $3.8billion (£3billion).
Shell, Chrysaor show way over decommissioning hurdle
Royal Dutch Shell Plc’s $3.8 billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the question of who pays to remove decades-old offshore platforms has been an obstacle for other deals.
Chrysaor gives North Sea vote of confidence with Shell deal
Chrysaor’s deal for a package of Shell’s North Sea assets is a strong vote of confidence for the North Sea, Oil and Gas UK (OGUK) said.
Chrysaor deal proves Scotland’s oil industry has bright future
Scotland’s energy minister has said that Chrysaor’s deal for Shell assets proved the country’s oil and gas industry still had a bright future.
Chrysaor chief focused on growth after Shell deal
Chrysaor’s chief executive said today that the acquisition of £3billion worth of North Sea assets from Shell could be just a start for the company he founded.
Shell, Chrysaor deal shows North Sea ‘open for business’, OGA says
The Oil and Gas Authority (OGA) today welcomed Shell's sale of North Sea assets to Chrysaor.
Schiehallion stake surprise inclusion in Shell, Chrysaor deal
A stake in the Schiehallion field was the surprise inclusion in Shell’s $3.8billion North Sea asset sale to Chrysaor, an oil and gas analyst said today.
Shell divests Thai assets worth more than £700m
Shell will divest two of its Thai subsidiaries to the Kuwait Foreign Petroleum Exploration Company for $900million (£720million).
Shell agrees £3bn sale of North Sea assets to Chrysaor
Shell has agreed to sell a set of UK North Sea assets to Chrysaor for up to $3.8billion (£3billion).
Shell, BP results preview: Look past top line figures to find positive story, analyst says
Investors monitoring the fourth quarter results of Shell and BP must look beyond the top line figures to get a good reading of the firms’ vital signs.
Shell close to sealing deal on North Sea asset sell-off, sources claim
Shell is close to sealing the deal to sell a large part of its North Sea oil and gas assets, according to several banking sources.