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China's Apparent Oil Demand up 5.3% in 2017

Apr 8, 2017

China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...

Tags: oil demand, Oil products

China to Restrict Oil Product Exports in H1 2017

Mar 31, 2017

China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...

Tags: Oil Product, Crude Oil

China Suspends Oil Price Adjustment

Mar 1, 2017

China's top economic planner will not adjust domestic retail oil prices as global prices have stayed below the official pricing mechanism, according to an announcement on Tuesday. Under the current mechanism, prices of refined oil ...

Tags: oil prices, refined oil

Sinopec Starts to Supply Beijing ViI Standard Oil Product

Jan 16, 2017

An operator of Shilihe filling station was refuelling a car on December 30, 2016.(Photo/Hu Qingming) Sinopec announced on December 30, 2016 that it started to supply cleaner oil products meeting Beijing VI standards for pollution ...

Tags: Sinopec, Oil Product

Third Quarter 2011 Results and Interim Dividend Announcement

Dec 10, 2016

Royal Dutch Shell Chief Executive Officer Peter Voser commented: “We continue to make good progress with our strategy; improving our competitive performance, delivering a new wave of production growth, and maturing the next ...

Tags: Royal Dutch Shell, Peter Voser

Second Quarter and Half Year 2011 Results and Interim Dividend Announcement

Dec 10, 2016

Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Our second quarter 2011 earnings were higher than year-ago levels, driven by increased energy prices and Shell’s operating performance. Shell reinvests its ...

Tags: Royal Dutch Shell, Shell

Shell, Vitol and Helios Reach Agreement on African Downstream Businesses

Dec 10, 2016

“This is a good deal for our customers as well as for Shell,” said Mark Williams, Royal Dutch Shell’s Downstream Director. “We will significantly reduce our capital exposure in line with our strategy to concentrate ...

Tags: Shell, Vitol, Helios

Major Milestone: First Gas Flows From Offshore Into The Pearl GTL Plant in Qatar

Dec 10, 2016

Shell, which is the operator of the Pearl GTL plant developed under a Production and Sharing Agreement with QP, has opened natural gas wells offshore allowing the first sour gas to flow through a subsea pipeline into the giant GTL plant ...

Tags: First Gas, Pearl GTL Plant

Third Quarter 2012 Results and Interim Dividend Announcement

Dec 9, 2016

Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Shell is driving a long-term and consistent strategy, against a backdrop of volatile energy markets. Our profits pay for substantial investments in new energy ...

Tags: Shell, strategy, oil and gas

Royal Dutch Shell PLC Second Quarter 2014 Results Announcement

Dec 8, 2016

Second quarter 2014 summary of unaudited results Royal Dutch Shell’s second quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note 2), were $5.1 billion compared with $2.4 billion for the same quarter a year ago. ...

Tags: Shell, earnings, CCS

New Shell CEO Ben Van Beurden Sets Agenda for Sharper Performance and Rigorous Capital Discipline

Dec 8, 2016

Van Beurden, who became the new CEO of Royal Dutch Shell plc (“Shell”) on 1 January 2014, said Shell’s strategy overall is sound. The company has a high quality portfolio and key strengths in technology and project ...

Tags: Shell, technology, project delivery

Beijing Expected to End Oil Product Export Quotas

Dec 7, 2016

China's independent refineries likely have to rely on state-owned trading companies to export oil products in 2017 as Beijing is likely to stop awarding them quotas to export directly, informed sources said Friday. "It [stopping awarding ...

Tags: Oil Product, Refiners

Shell Launches Smarter Energy Collaboration to Help Further Develop More and Cleaner Energy Solutions for Communities

Oct 13, 2016

#makethefuture campaign highlights how cooperation between Shell and entrepreneurs is helping the development of more and cleaner energy ideas International musicians including Oscar-winner Jennifer Hudson, Luan Santana and Pixie Lott ...

Tags: #makethefuture, global collaboration

Capital Markets Day 2016: Re-Shaping Shell to Create a World Class Investment Case

Sep 28, 2016

Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...

Tags: Capital Markets Day 2016, World Class Investment Case

Sinopec Sales Company Signs Agreement with Yanchang Petroleum

Sep 28, 2016

Sinopec Sales Company signed a cooperation agreement with Yanchang Petroleum (Group) Co. Ltd. on April 1. Under the agreement, Sinopec and Yanchang Petroleum will strengthen their cooperation in the purchase and sales of oil products as ...

Tags: Sinopec Sales Company, cooperation agreement, Yanchang Petroleum

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