Tag: Royal Dutch Shell

Shell, Exxon Mobil employees aboard downed flight

Employees of Royal Dutch Shell and Exxon Mobil Corp. were aboard the Maylasia Airlines flight that crashed in eastern Ukraine Thursday.  More »

Shell announces new Gulf of Mexico discovery

Shell Oil Co. today announced an offshore discovery in the Gulf of Mexico it believes contains 100 million barrels of oil equivalent.  More »

Fortune Global 500 list heavy on oil

Wal-Mart took the No. 1 spot on Fortune’s Gobal 500 ranking of the world’s largest companies based on revenue, but the top of the list was sloshing with oil.  More »

Shell to sell shares in US pipeline unit amid energy boom

Royal Dutch Shell Plc will sell shares in a U.S. pipeline business in the second half of this year as Europe’s largest oil company takes advantage of investor appetite for North America’s energy infrastructure.  More »

Shell launching search for new chairman

Royal Dutch Shell Plc, Europe’s largest oil company, has started a search for a new chairman because Jorma Ollila is approaching nine years on the board, the maximum recommended for non-executives in the U.K., a person familiar with the process said.  More »

Shell may boost internal carbon price as emission rules tighten

Royal Dutch Shell Plc may boost the internal carbon emissions price it uses for planning new projects if governments tighten climate rules, according to an executive in its emissions unit.  More »

CEO discusses key behind Sanchez Energy’s rapid growth

Sanchez Energy’s massive planned Eagle Ford Shale buy announced Wednesday is the latest in a string of acquisitions that the three-year-old company believes will push its revenue to more than $1 billion next year.  More »

Sanchez to buy Shell’s Eagle Ford assets in $639M deal

Sanchez Energy Corp. announced Wednesday a $639 million deal to purchase 106,000 of net acres from Shell subsidiaries in the Eagle Ford Shale.  More »

Shell considers retiring California coker amid shale boom

Royal Dutch Shell Plc, Europe’s biggest oil company, is considering retiring one of two coking units at its only refinery in California as the company seeks to run lighter crude at the plant.  More »

Failure marked Shell’s Gulf quest before massive discovery

A decade before Royal Dutch Shell fired up production at the largest offshore facility in the world, it drilled an expensive dry hole.  More »

Exxon Mobil earnings dip as refining markets weaken

Exxon Mobil Corp.’s earnings dipped 4 percent in the first quarter as both its U.S. and international refining earnings were nearly cut in half by sinking demand for petroleum products.  More »

Shell profits drop amid challenges in refining markets

Royal Dutch Shell’s first-quarter profit fell 44 percent as it revalued billions of dollars worth of refining assets in Asia and Europe.  More »
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