Following a careful and thorough evaluation of technical challenges and costs, Shell has decided to exit the joint development of the Bab sour gas reservoirs with ADNOC in the emirate of Abu Dhabi, and to stop further joint work on the ...
Tags: exit, Bab sour gas reservoirs
Deal marks progress against divestment target. Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100 percent of its record title interest in Gulf of Mexico Green Canyon ...
Third phase of major deep-water project delivered, optimising production capacity Shell and its joint venture announce the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil's ...
Shell has completed the sale of Dansk Fuels in Denmark to Couche-Tard for approximately $300 million including working capital. Dansk Fuels comprises Shell’s Retail, Commercial Fuels, Commercial Fleet and Aviation businesses, and ...
Royal Dutch Shell (Shell) today announced that after a 34-year career with the company, Unconventional Resources Director and U.S. Country Chair, Marvin Odum, will leave Shell at the end of March, 2016. Concurrent with Marvin’s ...
Shell has reached a conditional agreement with Malaysia Hengyuan International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC) in Malaysia for $66.3 million. It is MHIL’s intention for SRC to ...
Tags: SRC, shareholding, MHIL, conditional agreement
The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2016 interim dividend, which was announced on May 4, 2016 at US$0.47 per A ...
Brazil Route2 gas pipeline, in which Sinopec had a stake, has been put into operation recently. This pipeline is Brazil’s largest submerged gas pipeline, with a length of 401 kilometers and a transportation capacity of 13 million ...
Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe). Further appraisal ...
Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the second quarter interim dividend of 2016, which was announced on July 28, 2016 at $0.47 per A ordinary share (“A ...
Tags: RDS, Reference Share Price, second quarter interim dividend
The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the fourth quarter interim dividend of 2015, which was announced on February 4, 2016 at $0.47 per A ordinary share (“A ...
Tags: RDS, Reference Share Price fourth quarter interim dividend
China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday. The growth rate was faster than the 11-percent increase registered one month ...
The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the first quarter interim dividend of 2016, which was announced on May 4, 2016 at $0.47 per A ordinary share (“A ...
Tags: RDS, Reference Share Price, first quarter interim dividend
Since its launch a month ago, Utilitywise’s FixedFlex contract has taken off, with 700 businesses signing up for it so far. Energy is a major overhead for many companies, especially in manufacturing, but it’s always been ...
Tags: Utilitywise, FixedFlex contract