Tag: Royal Dutch Shell

Shell Nigeria denies it lied to Dutch court

The multinational company, half owned by Nigeria’s government and with significant Dutch shareholding, says sabotage, not negligence, caused spills in 2004 along the Trans-Niger pipeline that destroyed several hectares of mangrove forests and the livelihoods of residents of Goi village.  More »

Halliburton-Baker Hughes deal would rank among top 20 energy deals of last 20 years

Data shows that the 20 biggest oil and gas deals of the last century have all been announced since 1998.  More »

Statoil suspends two North Sea oil rigs

Statoil won’t use the Transocean Spitsbergen and Songa Trym rigs from mid-November through at least the year-end because of overcapacity.  More »

Shell says lower oil prices could affect pace in Permian

European oil giant Royal Dutch Shell saw its profits slide 4.6 percent in the third quarter as it began to feel the dip in crude oil prices.  More »

Shell Midstream surges in early trading

Shell’s midstream initial public offering took flight early Wednesday, gaining more than 40 percent shortly after trading started.  More »

Shell seeks five more years for Arctic oil-drilling drive

Shell, which has spent eight years and $6 billion to explore the Arctic’s Beaufort and Chukchi seas, said in letter to the Interior Department that “prudent” exploration before leases expire is now “severely challenged.”  More »

Shell makes deepwater gas discovery in Gabon

Royal Dutch Shell today announced a discover off the coast of Gabon but says it will need to conduct further analysis to determine just go much gas is present.  More »

Shell Midstream launches IPO

Royal Dutch Shell’s midstream partnership launched its initial public offering in New York Monday, the company announced Monday.  More »

Oil slump means canceled projects as investment declines

With oil approaching a four-year low, producers will be cautious about sanctioning investment, according to some experts.  More »

Shell Pipeline begins second open season for Westward Ho pipeline

The line will accommodate an anticipated increase in U.S. Gulf of Mexico crude oil coming into Louisiana.  More »

Ethanol companies raided in EU benchmarks antitrust case

The European Union rekindled a probe into possible rigging of fuel-price benchmarks, raiding ethanol companies in the bloc 17 months after officials inspected three oil producers and industry publisher Platts.  More »

Lego to scrap Shell deal after Arctic protest

Environmental activists Greenpeace launched in July a video showing an Arctic landscape with a Shell drilling platform made of Lego bricks covered in oil.  More »

Shell begins production from its first deepwater Malaysia project

The project could eventually lead to peak production of 135,000 barrels of oil per day for a joint venture including ConocoPhillips and Shell.  More »

Deals bring in $2.1 billion, additional acreage to Shell Oil Co.

Shell Oil Co. today announced a pair of deals Thursday morning in which it will give up onshore gas operations in Wyoming’s Pinedale and Louisiana’s Haynesville fields in exchange for $2.1 billion and additional acreage in Pennsylvania.  More »

Shell keeps Arctic drilling on table for 2015

The future of oil exploration in some U.S. Arctic waters may rest with federal courts, but Royal Dutch Shell’s CEO said Thursday the company is undaunted by the legal logjam.  More »
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