Tag: Royal Dutch Shell

Shell to slash oil field spending, jobs in the Americas

Shell will slash spending and staff in its oil and gas field operations in the Americas, CEO Ben van Beurden told investors Thursday, largely in response to disappointing results in U.S. shale plays.  More »

Shell recommends science for Arctic headaches

Scientific research has been central to Shell’s now-stalled move into Alaskan Arctic waters, and regulators probably will expect more if Shell resumes its work there, a company scientist told a Houston audience Monday.  More »

Court ruling insulates foes and fans of Arctic drilling

In the heated political battle over drilling in chilly Alaskan seas, a court ruling drilling proponents blame for thwarting the activity provides handy cover for stakeholders from Anchorage to Washington.  More »

Shell’s delay ignites calls for deep freeze on Arctic drilling

Environmentalists celebrated Shell’s decision to put its 2014 Arctic drilling plans on ice, but drilling advocates said they hope it’s just a temporary setback.  More »

Shell puts 2014 Arctic drilling plans on ice after legal challenge

Shell officials on Thursday said the oil company will not resume drilling in Arctic waters north of Alaska this summer, following a federal appeals court decision throwing its offshore leases there into jeopardy.  More »

Houston Auto Show electrifies some before they know it (photos)

As car enthusiasts streamed past sparkling SUVs and sleek coupes at the Houston Auto Show on Wednesday, some found themselves sitting in electric cars without even knowing it.  More »

Shell issues profit warning for fourth quarter

Royal Dutch Shell PLC has issued a profit warning for the fourth quarter, saying results will be worse than most analysts expected due to a mix of lower production, higher costs, and a worse performance by its refining division  More »

Shell boosts gasoline sales, despite falling demand

Royal Dutch Shell says it has actually boosted its domestic gasoline sales over the last five years, despite plummeting demand for the fuel in the United States.  More »

Shell abandons plans for $20B Gulf Coast plant

Royal Dutch Shell said Thursday it is abandoning plans for a massive gas to liquids project envisioned for Louisiana, citing poor economics for the project that was expected to cost more than $20 billion.  More »

Iran plans to meet foreign oil companies to seek investment

Iran plans to meet with international oil companies as soon as March to try to entice investors to its energy industry once world powers lift sanctions, the Persian Gulf state’s oil minister said.  More »

Shell announces return to Arctic in 2014 despite mishaps

Shell officials on Thursday said the oil company plans to make another, dramatically scaled-back bid to find crude in Arctic waters, following a headline-grabbing 2012 season that left the firm with a devastated drilling rig, air pollution fines and embarrassing equipment failures. But there are major hurdles for Shell to restart its Arctic drilling operations in 2014.  More »

Shell biofuels take vehicles back to the future

When Back to the Future moviegoers in the 1980s saw a mad scientist refueling his car with discarded eggs, soda and other garbage, the idea may have seemed a little far-fetched. But Shell scientists are talking up an advanced biofuel that will essentially fuel cars with trash.  More »
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