Shell Company News
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Shell to Divest Pennsylvania Assets
Tuesday, May 05, 2020Shell has agreed to sell its Appalachia shale gas position to National Fuel Gas Co. for $541 million.
Shell Bows Out of Russian JV With Gazprom
Wednesday, April 15, 2020The estimated total resources of the fields included in Meretoyakhaneftegaz are over 8 billion barrels of oil.
Shell Wins $340MM in Floater Dispute Arbitration
Tuesday, April 14, 2020Sabah Shell Petroleum won the sum following an arbitration with a subsidiary of MISC Berhad.
Saudi-Russia Oil Embargo Plea Looms Large
Friday, March 27, 2020Check out Rigzone's most-viewed articles from the past week that relate to the downstream sector.
$131B Less Could Go to New Upstream Projects This Year
Tuesday, March 24, 2020Before the pandemic and the oil and gas demand slump, Rystad had forecast a $2 billion year-on-year decrease in E&P project sanctioning.
Shell Puts Two US Refineries up for Sale
Monday, March 09, 2020The move is in line with the company's plans to reshape its global refining portfolio.
Equinor, Partners Complete North Sea Well
Friday, March 06, 2020If the Northern Lights project is sanctioned, the well will be used for injection and storage of CO2.
Shell, Exxon Team up on Offshore Exploration in Somalia
Thursday, March 05, 2020Somalia has reached an initial roadmap with a Shell and ExxonMobil joint venture on offshore exploration.
Ecopetrol, Shell Team Up in Deepwater JV
Monday, February 10, 2020Shell plans to drill an appraisal well in the area by the end of 2021.
Shell Divests California Refinery
Tuesday, February 04, 2020PBF acquired the Bay Area refinery and inventory for $1.2 billion.
Oil Industry Climate Suits Have Poor Track Record
Friday, January 24, 2020Attempts to make Big Oil pay for climate change may be impossible.
New Gas Finds Creating Opportunity in West Africa
Wednesday, January 15, 2020It is expected that many of the gas discoveries will help displace oil as a source of more sustainable fuel in the regional mix.
Gulf of Mexico Oil Output Targeting Record Year
Friday, December 27, 20192020 is expected to be another record year for the region with average production above 1.9 million barrels per day.
The 2019 Downstream Countdown: 15 to 11
Thursday, December 26, 2019This segment of articles in Rigzone's Top 20 downstream recap focus on contaminated crude oil and new construction projects.
The 2019 Downstream Countdown: 20 to 16
Monday, December 23, 2019Here's a recap of the top downstream articles on Rigzone since Jan. 1, 2019, starting with numbers 20 through 16.
Brazil Aiming to Double its Oil Production
Friday, November 29, 2019Future expansion depends on access to capital, high-end tech from foreign investors and big oil companies with deepwater and pre-salt expertise.
Oil Majors' Carbon, Portfolio Changes Offer Long-Term Positives
Wednesday, November 13, 2019Both BP and Royal Dutch Shell recently shared downbeat financials but their long-term objectives are a silver lining.
TechnipFMC Wins Shell Perdido Contract
Tuesday, October 22, 2019Shell has awarded TechnipFMC an iEPCI contract for its Perdido Phase 2 development in the US Gulf of Mexico.
Deepwater Transformation Sparking New Interest
Thursday, October 17, 2019Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.
Argentina Primed for Great Natural Gas Rise
Wednesday, October 16, 2019There are interesting opportunities for shale development in Argentina, and they're pretty promising for natural gas.
Shell Contracts Dolphin Semisub
Thursday, October 03, 2019AS Norske Shell has contracted the Borgland Dolphin for the drilling and completion of a gas producer well on the Knarr field.
West Virginia Emerging as a Natural Gas Powerhouse
Monday, September 23, 2019West Virginia's gas production has reached a record for 10 straight years and now accounts for 5-6 percent of total U.S. output.
FPSO Design Contract Goes to Sembcorp
Thursday, August 29, 2019Siccar Point and Shell aim to sanction Cambio in 2020.
Trump Admin Methane Proposal Spurs Mixed Industry Response
Thursday, August 29, 2019EPA Administrator Andrew Wheeler said the proposal "removes unnecessary and duplicative regulatory burdens from the oil and gas industry."
Rigzone's Survey Spotlights the Top Oil, Gas Company to Work For
Monday, August 12, 2019Discover which company ranked No. 1 with professionals around the world.
Oil Workers Evacuate GOM Rigs as Storm Strengthens
Wednesday, July 10, 2019Oil and natural gas producers in the U.S. Gulf of Mexico began evacuating workers and shutting in output as a storm gathers strength off the coast of Florida.
Cost Overruns Threaten Offshore Development
Monday, July 01, 2019Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.
Shell Powers Chem Plant with Solar Energy
Friday, June 21, 2019Wood reported Thursday that it has completed work on Shell's first solar photovoltaic plant.
Shell FLNG Facility Ships Maiden Cargo
Tuesday, June 11, 2019Prelude FLNG personnel wave from the facility's helideck, with the Valencia Knutsen berthed alongside. PHOTO: Shell
Halliburton Wins Offshore Brazil Contract
Thursday, April 18, 2019The three-year contract includes a two-year extension.
Shell Breaks Market Mold With LNG Deal
Friday, April 05, 2019Royal Dutch Shell will sell LNG to a Japanese utility using the latest innovation in the LNG market that helps buyers diversify risk.
$200B+ Could Be Invested in US Petchems
Thursday, March 28, 2019Investment amount projected for 15-year period.
Shell and Energy Transfer to Seek Bids for Louisiana Project
Tuesday, March 26, 2019The project would convert Energy Transfer's LNG import and regasification terminal to an export facility.
$5B Louisiana LNG Project to Break Ground Immediately
Friday, February 22, 2019After receiving approvals from FERC, Venture Global LNG said it will start construction immediately on its Calcasieu Pass export terminal.
Shell's GHG Targets Reflect Key Realization
Monday, February 18, 2019Shell has set targets to reduce greenhouse-gas emissions from its operations and the products it sells.
GOM Subsea Contract Goes to McDermott
Tuesday, November 27, 2018McDermott will install new subsea umbilical and flowline at the Great White Frio development.
Shell Exec Says Canada Pipeline Debacle Won't Affect LNG Decision
Monday, September 24, 2018Shell-led LNG Canada proposes to export as much as 26 million tons per year to Asia.
Silvertip Subsea Contract Goes to McDermott
Tuesday, August 07, 2018Silvertip is one of three fields – the others being Great White and Tobago – in Shell's Perdido development.
Canada Crude Differential Seen Staying High As Refiners Take Downtime
Friday, August 03, 2018The discount on Canada's heavy crude, which reached a nearly five-year high this week, looks to remain elevated.
Saipem-led JV Wins Contract for LNG Project in Nigeria
Friday, July 13, 2018Nigeria LNG is a venture including Nigerian National Petroleum Corporation and oil majors Royal Dutch Shell, Total and Eni.
Weak Start for Vitol's Viva Energy on Australian Bourse
Friday, July 13, 2018Vitol and its unnamed partners built Viva Energy after buying Shell's former refinery in Geelong near Melbourne and its petrol stations in Australia for $2.6 billion in 2014.
Kremlin Accuses Trump of Trying to Bully Europe into Buying US LNG
Thursday, July 12, 2018The Kremlin on Thursday rejected U.S. President Donald Trump's description of Germany as a "captive" of Russia.
LNG Canada Ticking the Boxes Toward Approval, Servicers Say
Thursday, July 12, 2018A flurry of activity this year in the remote Pacific town of Kitimat, where the facility would be located, has raised optimism that the project will be built.
Dangote Readies $10 Billion Nigerian Oil Refinery for 2020
Friday, July 06, 2018Despite being Africa's biggest crude producer and an OPEC member, Nigeria ships in almost all its gasoline and diesel from abroad.
Nord Stream 2 Gas Pipe Partners Rapped by Polish Regulator
Wednesday, May 09, 2018Poland opposes the expansion of the major gas link directly from Russia to Germany.
Shell's Climate Push Fails to Cut Emissions as US Plants Added
Monday, April 09, 2018Shell 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, 2018Japan'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, 2018The 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, 2018Muhammad 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, 2017Shell has in recent years transformed its downstream business.