Shell Company News
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Shell's Climate Push Fails to Cut Emissions as US Plants Added
Monday, April 09, 2018 Shell plans to spend as much as $2 billion a year on low-carbon energy sources and intends to halve its carbon footprint by 2050.
Japan's Showa Shell Sees Q2 Crude Refining Down 1 pct y/y
Monday, April 02, 2018 Japan's Showa Shell Sekiyu KK said its group refineries would refine 1 percent less crude for the local market in April-June compared with a year ago, in line with their outlook for domestic demand.
Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Waters
Friday, January 26, 2018 The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013.
UK Firm Intertek Says Employee Involved in Shell Oil Theft Case
Wednesday, January 17, 2018 Muhammad Ali bin Muhammad Nor faces two charges of conspiring with Shell employees as part of a scheme to steal oil from Shell's Palau Bukom industrial site, court documents show.
Shell Looks Beyond Road Fuels to Secure Future of Refining
Monday, November 06, 2017 Shell has in recent years transformed its downstream business.
API Panel Member: Voluntary Methane Program Forthcoming
Friday, October 06, 2017 Shell exec who sits on API panel discusses voluntary program.
Eni Bets Big on Zohr Explorer Finding New Treasure
Friday, October 06, 2017 The Zohr field off Egypt sits in an area that Royal Dutch Shell pored over for years.
Shell, Varo End Talks on Germany Refinery Stake Sale
Friday, October 06, 2017 The two companies said last December that they had entered advanced talks on the stake sale, but the negotiations have been "discontinued", a spokeswoman for Varo told Reuters.
Middle East Oil Producers Turn to Crude Trading to Boost Incomes
Friday, September 29, 2017 Other OPEC members are joining in as oil prices remain at roughly half their levels of mid-2014.
Shell Explores Electric Vehicle Charging, Energy Management Businesses
Thursday, September 28, 2017 Shell intends to invest up to $1 billion a year through its New Energies division by the end of the decade.
Canada Gas Set to Strike Back Against US Shale as Glut Eases
Thursday, September 14, 2017 Output from some longtime producers is waning and pipeline maintenance is ending.
Harvey's Wake Tempers Bullish Outlook for US Oil Output Growth
Friday, September 01, 2017 Oil analysts and some company executives had anticipated that the US could top the 10 million bpd mark by year-end.
Storm Harvey Opens Up Rare Jet Fuel Exports from Europe to US
Friday, September 01, 2017 The US is usually a jet fuel exporter to Europe.
Harvey Throws a Wrench into US Energy Engine
Monday, August 28, 2017 Harvey has caused massive flooding that has knocked out 11.2 percent of US refining capacity.
Harvey Disrupts More Than One Third of US Chemical Production
Monday, August 28, 2017 The disruption threatens shortages for basic industrial building blocks such as chlorine and ethylene.
Shell Divests Stake in Saudi JV
Wednesday, August 16, 2017 Shell has completed the sale of its 50-percent stake in the SADAF petrochemicals joint venture to SABIC, Shell announced Tuesday.
Australia's $180B LNG Megaproject Boom Enters Final Stretch
Monday, August 14, 2017 The last massive component of Australia's $180 billion LNG construction boom arrived, stepping up a race between Shell and Inpex to start chilling gas for export in 2018.
Big Oil Sees Salvation in Gas, But What If It's a Wrong Bet?
Tuesday, July 18, 2017 The trends that are undercutting optimism about the global gas outlook are already playing out in Europe.
Top Oil Market Summons Poseidon to US-Mideast Crude Fight
Tuesday, July 18, 2017 Poseidon is the latest grade similar in quality to Middle East supply to lure a buyer in the world's biggest oil consuming region.
BP Says It Is Considering IPO of US Pipeline Assets
Tuesday, July 18, 2017 BP is considering spinning off certain US pipeline assets in the US Gulf and Midwest in an initial public offering, the company said Tuesday.
India BPCL Makes Its First US Oil Purchase, Buys Mars, Poseidon
Monday, July 17, 2017 India's Bharat Petroleum Corp has made its first purchase of US oil, buying high sulphur crudes Mars and Poseidon in a tender, its head of refineries said.
Big Energy Is Learning to Simply LOVE the Little Guy: Gadfly
Friday, June 30, 2017 Customers might only just be finding their place in the modern world's indispensable industry.
Oil Producers' Cost-Cutting Swept Away by New Price Decline
Friday, June 30, 2017 For the moment, investors seem to be focusing more on prices than operational improvements.
Global Carbon Prices Must Soar to Meet Paris Climate Target – Report
Tuesday, May 30, 2017 Economists said the cost of emitting carbon dioxide must rise to $50-$100 per tonne by 2030, much higher than the current price in Europe.
No New Demand, More Supply Leaves Spot Price Languishing
Friday, May 26, 2017 Asian LNG spot prices have fallen due to a lack of significant new demand from the Middle East and others as supplies emerged from Papua New Guinea, Angola, Abu Dhabi and Russia.
Shell Shareholders Reject Emissions Target Proposal
Tuesday, May 23, 2017 The vote is a setback for climate activists who are increasing pressure on global oil companies.
Woodside Sees Output Growing 15 Pct Over Next Three Years
Tuesday, May 23, 2017 After 2020, output will grow further with the expansion of its Pluto LNG project in Australia.
Saudi Aramco Said to Make Leadership Changes Ahead of IPO
Tuesday, May 16, 2017 Aramco has announced plans to invest in the refining industry in the U.S. after the breakup of its 19-year Motiva refining partnership with Shell.
Gas Export Boom Loser May Win From Australia Supply Crunch
Monday, May 15, 2017 The decision by the Shell-PetroChina JV Arrow Energy to scrap a A$20 billion project to ship Arrow's fuel overseas as LNG looks like a blessing in disguise.
Shale Drillers Are Outspending the World With $84 Billion Spree
Tuesday, May 09, 2017 North American drillers plan to lift their 2017 outlays by 32% to $84 billion, compared with just 3% for international projects, according to Barclays.
Gulf Of Mexico Lease Sale Nets $315M in Bids, Feds Suggest Trump Bounce
Wednesday, March 22, 2017 Top bidders included Shell Offshore, Statoil, Chevron and Hess, each offering more than $44 million for access to offshore exploration and production, according to federal records.
Norway Awards 56 Oil And Gas Licences In Mature Areas
Tuesday, January 17, 2017 Norway's oil ministry awarded 56 offshore exploration licences on Tuesday in a bid to lift output from acreage located near existing oil and gas fields.
Southern North Sea Special Interest Group Launched
Monday, November 21, 2016 A steering group of offshore companies has been appointed to work together to explore opportunities to maximize remaining gas reserves in the Southern North Sea (SNS).
Report: Growing Confidence in North Sea Oil, Gas Industry
Monday, November 14, 2016 There is a growing confidence that the industry has seen the worst of the current market downturn, according to a new report on the North Sea oil and gas sector from PwC.
Kazakhstan's Kashagan Produces 201,000 Tons Of Oil In October
Monday, November 14, 2016 Kazakhstan's Kashagan oil field produced about 201,000 tons of oil in October, its first full month of operation, data from the Energy Ministry's analytical center showed.
Norway Gas Plant Workers Agree Wage Deal, Avoid Strike
Friday, October 07, 2016 Workers at three plants serving Norway's energy industry agree a wage deal with their employers, avoiding a strike that could have cut gas supplies to the UK.
Shell Suspends Pacific Northwest Crude-By-Rail Project
Friday, October 07, 2016 Shell announces it is suspending permitting of its planned crude-by-rail project at its Puget Sound Refinery.
Petro Matad, Shell Agree Block IV, V Exit Deal
Friday, August 05, 2016 Petro Matad's affiliate reaches an agreement with Shell's affiliate company in relation to an exit from the Mongolian Block IV and V Production Sharing Contracts.
RMT, Unite Begin 48-Hour Strike on North Sea Shell Platforms
Thursday, August 04, 2016 UK RMT and Unite union members have begun a 48-hour strike on Shell platforms in the North Sea as disputes between workers and Wood Group rumble on over pay and working conditions.
Shell CEO Says Interested In Yuzhno-Kirinskoye Field
Monday, July 11, 2016 Royal Dutch Shell is interested to take part in developing Russia's Yuzhno-Kirinskoye field, Chief Executive Ben van Beurden told Russia's Vedomosti daily newspaper in an interview.
Indonesia's Upstream Investment Appeal Fades
Monday, June 20, 2016 Indonesia's efforts to boost upstream petroleum investments to mitigate falling production have not made much headway in recent years, further entrenching its reliance on imports.
Niger Delta Militants Reject Offer Of Talks, Blow Up Chevron Well
Wednesday, June 08, 2016 The Niger Delta Avengers reject an offer for talks with the government to end a series of attacks on oil facilities in the Delta.
Unite to Ballot Over 200 North Sea Workers for Strike Action
Wednesday, June 08, 2016 Unite will ballot more than 200 North Sea oil rig workers for strike action in a dispute with Wood Group over a 30% pay cut.
First Post-BG Shell Update Likely to be 'Short on Specifics'
Friday, June 03, 2016 Shell's first strategic update after its $55 billion acquisition of BG Group "is likely to be long on thematics and short on specifics," according to oil and gas analysts at Jefferies.
Industry Optimistic about Iraq's Petroleum Future
Tuesday, May 24, 2016 Oil and gas officials optimistic about Iraq's petroleum future, despite evident challenges, at the 10th Iraq Petroleum Conference, held in London.
Nigerian Oil Workers Union: 'Any Reasonable Company' Should Evacuate Staff
Tuesday, May 10, 2016 Oil companies operating in Nigeria should evacuate their staff from the southern Niger Delta after several attacks on oil facilities, says a senior oil workers' union official.
ITF JIP Enters Trial Phase with Support from Total, BP, Shell, Chevron
Wednesday, April 20, 2016 A joint industry project established through The Industry Technology Facilitator (ITF) has entered a trial phase with the support of oil and gas operators.
Shell Says Theft from its Nigerian Oil Pipeline Network Fell in 2015
Monday, April 18, 2016 Theft of crude oil from the pipeline network of Shell's Nigerian subsidiary fell to 25,000 barrels per day in 2015, roughly 32% less than the previous year.
Indonesia's Small-Scale LNG Plans Face Several Challenges
Friday, April 15, 2016 Some analysts say small-scale LNG could be best for Indonesia, but one observer says it's more sensible to reform the gas sector.
Maersk Oil Threatens to Shut Down Tyra Field in 2018
Monday, April 04, 2016 Maersk Oil announces that production from Tyra East and Tyra West in the Danish North Sea will cease on October 1, 2018, if an "economically viable solution" for continued operations is not identified during 2016.