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Royal Dutch Shell

(Paul O'Driscoll/Bloomberg News)

Shell agrees to sell its French LPG business

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Shell, which is increasingly focusing on oil and liquefied natural gas with its planned acquisition of BG Group, said it is in exclusive talks to sell its subsidiary, France-based Butagaz LPG, to Ireland-based DCC Group, which largely focuses on LPG distribution throughout Europe.
Greenpeace activists held a banner that said 'The People vs. Shell' as they scaled the Polar Pioneer drill rig in the Pacific Ocean. (Photo: Greenpeace)

More Arctic drilling protests planned in Seattle

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Hundreds of protesters in kayaks and other vessels turned out on Saturday for a protest dubbed the “Paddle in Seattle,” and on Monday, organizer say they expect hundreds to flood the Port of Seattle’s Terminal 5 and Harbor Island.
BHP Chief Executive Officer Andrew Mackenzie speaks during a news conference in Sydney, Australia. (Ian Waldie/Bloomberg)

BHP lowers priority of Australian LNG project with Exxon

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A plunge in oil has forced companies from Royal Dutch Shell Plc to Chevron Corp. to cut or delay spending on projects that supply super-cooled gas linked to the price of crude.
Energy executives discussed how to develop the right portfolio of oil and gas assets at an Offshore Technology Conference panel.

Oil producers shouldn’t shun their global assets during a downturn, Woodside Petroleum exec says at OTC

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Oil and gas production companies need to “knee-jerk reactions” to investor activism and other short-term concerns, the executive said.
(AP Photo/ Louis Lanzano)

Wall Street models fail as Big Oil crushes estimates

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Exxon Mobil Corp., BP Plc and other major oil producers beat analysts’ profit estimates by an average of 46 percent for the first quarter, according to data compiled by Bloomberg
(Photographer: Andrey Rudakov/Bloomberg)

Shell profit falls by more than half, but beats analyst estimates

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Shell is cutting investment after oil’s slump over the past year forced producers to defer projects to strengthen their balance sheets.
Protesters in kayaks paddle out to meet the Arctic offshore oil rig Polar Pioneer piggybacked atop the cargo deck vessel Blue Marlin as it arrives at Port Angeles, Wash., on  April 17.  (Keith Thorpe/The Peninsula Daily News via AP)

Activists in kayaks on horizon as Shell’s Arctic rig arrives at Washington port

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Activists opposed to Arctic drilling are preparing to greet the rig when it makes it to Emerald City, with some threatening a flotilla of kayaks to box the ship in.
Shell CEO Ben van Beurden (AFP PHOTO/ROYAL DUTCH SHELL/REINIER GERRITSEN)

Oil CEO wages immune to price slump as shareholders vote on pay

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“The only people not hit by the drop in oil price are the CEOs running the companies,” said Gregory Elders, a London-based analyst at Bloomberg Intelligence.
(Photographer: Andrey Rudakov/Bloomberg)

Shell deal brings relief to Dutch companies used to being prey

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Ten benchmark Dutch stocks, or just under half the 25 spots that make up the Amsterdam Exchanges Index, have been acquired since 2007, when ABN Amro Holding NV was snapped up for $100 billion by a consortium led by Royal Bank of Scotland Plc.
BG Group CEO Helge Lund (Andrey Rudakov/Bloomberg)

The CEO of BG just arrived in February, and could walk with $43 million

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Lund, who joined BG on Feb. 9 after heading Norway’s Statoil ASA, is entitled to liquidated damages equal to a year’s gross salary and 30 percent of base pay, the Reading, England-based company’s annual report showed.