Royal Dutch Shell plc Company News
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Shell Shale Leader Discusses the 'Non-Moonshot'
Tuesday, October 17, 2017 Collaboration, repurposing tech will help company to achieve 'shale field of the future,' says exec.
Jacobs Signs Sulfur Recovery Tech Deal with Shell-Pique's JV
Wednesday, October 11, 2017 Paquell gains access to biological process that converts mercaptans, H2S into sulfur, says Jacobs.
Refinery Blazes to Dent Shell 3Q Earnings
Thursday, October 05, 2017 A recent string of fires at Royal Dutch Shell's refineries, including at Europe's largest, is expected to hit the oil and gas company's third-quarter profit and deal a setback to its efforts to improve the segment's performance.
U.S. Gulf Oil Producers Start Evacuating Staff Ahead of Tropical Storm Nate
Thursday, October 05, 2017 Oil and natural gas producers began evacuating staff at U.S. Gulf of Mexico platforms ahead of Tropical Storm Nate, the second storm in as many months to threaten Gulf Coast oil and refining facilities.
Sources: Shell Prep Louisiana Refineries to Keep Running in Storm
Thursday, October 05, 2017 PBF Energy and Royal Dutch Shell Plc were preparing their Louisiana refineries to keep running during Tropical Storm Nate, which is forecast to make landfall in the state on Sunday, sources familiar with plant operations said.
Shell Cancels Sale Of Thai Gas Field Stakes To Kuwait's KUFPEC
Wednesday, October 04, 2017 Shell says it has canceled a $900MM deal to sell its gas field stakes in Thailand to KUFPEC.
Shell Said to Seek Sale of Stake in $1.4 Billion Wind Farm
Tuesday, October 03, 2017 Shell and its partners Eneco Holdings NV and Mitsubishi are seeking to sell a stake in two Dutch offshore wind-farm projects.
Big Oil Becomes Greener With Progress in Cutting Pollution
Monday, September 18, 2017 It's no secret that oil majors are among the biggest corporate emitters of pollution.
Shell Set To Draw Line Under A Century Of Iraqi Oil
Wednesday, September 13, 2017 Shell is set to end a century of oil production in Iraq by withdrawing from two of the Arab state's flagship fields to focus on more profitable gas development.
Shell Canada Shuts Some Gas Operations Due To Southern Alberta Wildfire
Tuesday, September 12, 2017 Shell Canada, a subsidiary of Shell, is shutting some gas operations in its Waterton complex in southern Alberta.
Nigeria's Shoreline Energy Signs $300 Million Gas Deal With Shell
Monday, September 11, 2017 Shoreline has signed a $300 million agreement with the local unit of Shell to develop gas infrastructure around the commercial capital, Lagos, both companies say.
Big Oil Says It Still Loves North Sea Despite Asset Sales
Wednesday, September 06, 2017 Europe's biggest energy companies have a message for the aging UK North Sea oil industry: We may be selling assets, but that doesn't mean we're heading for the exit.
Shell Opens First Mexico Gas Station, Eyes Up To $1B Investment
Tuesday, September 05, 2017 Shell opens its first gas station in Mexico, adding to a growing list of foreign-branded pumps.
Total Overtakes Shell In North Sea Where Appetite For Assets Remains High
Tuesday, August 22, 2017 Total has overtaken rival Shell to become the second-largest producer in the North Sea with its acquisition of Maersk's Norwegian and UK producing assets.
Protesters Drag Shell Niger Delta Oil Facility Shutdown Into Fifth Day
Tuesday, August 15, 2017 Protesters on Tuesday dragged the shutdown of a Shell crude oil facility in the Niger Delta into its fifth day.
Global LNG: Faltering Supply Prompts Short-Covering Price Rally
Friday, August 11, 2017 Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
Hundreds Of Protesters Storm Shell Oil Facility In Niger Delta
Friday, August 11, 2017 Hundreds of Nigerians stormed a crude oil facility and gas plant owned by Shell in the Niger Delta.
Shell Is Said to Aim for Full Restart of Pernis by End of August
Thursday, August 10, 2017 Shell is aiming to return its Pernis refinery to full operations by the end of this month, according to a local resident who was briefed on the matter by the company.
Shell Restarts Part Of Europe's Largest Oil Refinery
Tuesday, August 08, 2017 Shell says it is restarting a number of units at Europe's largest oil refinery in the Netherlands.
Shell Mulls German Refinery Upgrade To Meet 2020 IMO Sulphur Rules
Friday, August 04, 2017 Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping.
Nigeria's State Oil Company Signs Deals With Chevron, Shell
Thursday, August 03, 2017 Nigeria's state oil company says it signed financing agreements with Chevron and Shell worth at least $780 million.
Big Oil Seen Vulnerable to Fresh Slump Despite Growth at $50
Wednesday, August 02, 2017 Europe's oil industry is once again generating cash even as crude languishes at half the price of three years ago.
European Oil Majors Seek To Harness US Offshore Wind
Tuesday, August 01, 2017 Some European oil majors have made inroads into the emerging US offshore wind energy market.
Shell Plans 400 Job Cuts At Dutch Projects And Technology Department
Monday, July 31, 2017 Shell plans to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations.
Europe's Oil Giants Recover From Three-Year Slump
Thursday, July 27, 2017 Shell, Total and Statoil report sharp increases in cash flow from operations in the second quarter as profits beat analyst expectations.
Shell CEO Van Beurden Says His Next Car Will Be Electric
Thursday, July 27, 2017 When the boss of Europe's biggest listed oil company says his next car will be electric, it says a lot about the future of fossil fuels.
Shell Braces For 'Lower Forever' Oil As Profits Soar
Thursday, July 27, 2017 Shell is gearing up for a world of "lower forever" oil prices, its Chief Executive Ben van Beurden says.
Nigeria Oil Thieves Keep a Lid on Output Even as Bombs Abate
Thursday, July 20, 2017 The continual disruption blighting the impoverished delta region threatens plans to exceed 2 million barrels a day, according to Wood Mackenzie.
Shell To Sell Stake In Corrib Gas Field In Ireland For $1.23B
Wednesday, July 12, 2017 Shell to sell its 45% stake in the Corrib gas venture to a unit of Canada Pension Plan Investment Board (CPPIB) for up to $1.23 billion
Shell Mulls LNG-Hub Network as Use by Ships and Trucks Expands
Tuesday, July 11, 2017 Royal Dutch Shell Plc, the oil company that spent more than $50 billion to buy natural-gas producer BG Group Plc, is looking to expand demand for the fuel in transport to ensure its output is consumed.
Shell Plans to Spend $1 Billion a Year on Clean Energy by 2020
Monday, July 10, 2017 Shell plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates.
Shell: Qatar LNG Flows Unaffected By Crisis
Monday, July 10, 2017 Qatari exports of liquefied natural gas (LNG) remain stable amid ongoing tension.
Shell's Floating LNG Facility Sets Sail from South Korea for Australia
Thursday, June 29, 2017 Royal Dutch Shell's Prelude floating liquefied natural gas (FLNG) ship has left a shipyard in South Korea for its destination offshore northwest Australia, the company said.
Mexico Whets Foreign Oil, Gas Appetite: Awards 10 Shallow Water GOM Blocks
Monday, June 19, 2017 Mexico's Gulf of Mexico shallow water auction nets 10 bids on 15 blocks June 19 - an amazing result for Mexico, analysts say.
European Commission Approves Shell's $3.8B North Sea Sale
Friday, June 16, 2017 The European Commission approved on Shell's $3.8B sale of North Sea oil and gas assets to Chrysaor.
Statement: Qatar Petroleum, Shell Sign LNG Bunkering Agreement
Tuesday, June 13, 2017 Qatar Petroleum and Shell signed a framework agreement to develop global LNG bunkering facilities.
Norwegian Union Threatens Strike At Statoil, Shell, Eni Pplatforms
Tuesday, June 06, 2017 About 150 oil platform workers would go on strike, potentially disrupting output from several Norwegian fields.
Sources: Chevron Exploring Sale Of Canada Oil Sands Stake Worth About $2.5B
Thursday, April 13, 2017 Chevron is exploring the sale of its 20% stake in Canada's Athabasca Oil Sands project, which could fetch about $2.5 billion, according to people familiar with the situation.
Shell Confirms More Than 200 Workers to be Cut from Norwegian Operations
Monday, April 03, 2017 Royal Dutch Shell plc confirms that more than 200 workers will be cut from its Norwegian operations.
Cenovus Drops Most Ever as $13.3 Billion Deal Ramps Up Risks
Thursday, March 30, 2017 Cenovus Energy fell the most since its trading debut more than seven years ago after agreeing to buy Canadian oil assets from ConocoPhillips for C$17.7 billion ($13.3 billion) in a deal that increases its risks at a time of uncertain oil prices.
Shell to Sell Gabon Onshore Assets for $587MM, 430 Staff to be Transferred
Friday, March 24, 2017 Royal Dutch Shell plc reaches an agreement with Assala Energy Holdings Ltd. to sell 100% of its Gabon onshore interests for $587 million.
Shell To Drill New Wells By End-2018 To Shore Up Australia Gas Supply
Tuesday, March 21, 2017 Royal Dutch Shell will drill 161 new gas wells at its Queensland operations by the end of 2018.
Oil Giants Upending Shale Turf Where Wildcat Drillers Once Ruled
Tuesday, March 21, 2017 ExxonMobil, Shell and Chevron are jumping into American shale with gusto, planning to spend a combined $10B this year, up from next to nothing only a few years ago.
Nigerian Court Overturns Seizure Of Oilfield From Shell And Eni
Friday, March 17, 2017 A Nigerian court overturns a request by Nigeria's financial crimes agency to seize an oilfield from Royal Dutch Shell and Eni.
Oil Majors Still Years From Repairing Balance Sheets After Price War
Wednesday, March 08, 2017 Financially strapped oil producers are spending billions to boost production before it's clear that recent crude price gains brought on by OPEC output cuts can be sustained.
Shell Expects To Split Motiva Assets With Saudi Aramco In 2Q
Tuesday, March 07, 2017 Shell Oil Co, the US unit of Royal Dutch Shell, expects to divide the refineries and other assets of its Motiva Enterprises venture with co-owner Saudi Aramco in 2Q.
Shell Approves New Gulf Of Mexico Project, First Since 2015
Tuesday, February 28, 2017 Shell has given the go-ahead to develop its Kaikias deepwater field in the Gulf of Mexico, the first such project the oil and gas company has approved in 18 months.
Nigerian Court to Rule on March 13 on Shell, ENI Dispute with Authorities
Monday, February 27, 2017 A Nigerian court will rule on March 13 on a request by Royal Dutch Shell and Italy's Eni to lift the temporary seizing of a long-disputed oilfield, a judge said.
Shell Shuns New Oil Sands as Low Crude Prices Force Cost Control
Monday, February 27, 2017 Royal Dutch Shell is unlikely to take on new oil-sands projects as it maintains a grip on costs after crude's crash forced competitors to write down Canadian reserves.
Global LNG Demand Set to Rise to 2030
Monday, February 20, 2017 Global demand for liquefied natural gas (LNG), which reached 265 million tons in 2016, is set to grow to 2030, according to a new LNG Outlook report by Royal Dutch Shell plc.