10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Shell sells partial stake in asset off Mauritania

    6 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shell has entered into an agreement with QatarEnergy to sell a partial interest in a block located off the coast of Mauritania.

  • Shell and Showa Shell Sekiyu Donates USD 2M to Provide Disaster Relief Assistance in Japan

    22 March 2011
    Business & Finance, Operations & Maintenance, Research & Development

      Showa Shell Sekiyu K.K. and Shell said today they would make a combined donation of US $2 million to the Japanese Red Cross Society to provide disaster relief assistance in response to the catastrophic earthquake and tsunami in Japan. The Shell Group, in addition to this, has implemented a worldwide employee donation program to […]

  • Australia: Shell Approves Prelude FLNG

    20 May 2011
    Business & Finance

    The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to sea, some 200 kilometres from the nearest land in Australia, the FLNG facility will produce gas from offshore […]

  • Shell Reduces its Interest in Woodside (Australia)

    8 November 2010

    Royal Dutch Shell plc (“Shell”) announces an agreement to sell part of its stake in Woodside Petroleum Limited (“Woodside”) to equity investors. Shell’s subsidiary, Shell Energy Holdings Australia Limited (“SEHAL”), has entered into an underwriting agreement with UBS AG, for the sale of 78.34 million shares in Woodside, representing 29.18% of its interest in Woodside […]

  • Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar

    15 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The latest action the United States (U.S.) has taken to unlock its energy dominance, encapsulated in a new tax reconciliation bill, which President Donald J. Trump signed into law, has set the stage for an uptick in domestic energy to drive down costs by inciting new investments across all energy domains, encompassing oil, gas, liquefied natural gas (LNG), renewables, and other low-carbon and clean energy plays.

  • BREAKING: Shell-BG merger approved

    28 January 2016

    BG Group’s shareholders on Thursday approved the multi-billion merger with Hague-based energy giant Shell, creating the world’s largest LNG company. This is Shell’s biggest ever acquisition and the largest oil and gas deal since Exxon bought Mobil in 1999. According to a statement by BG, 99.53 percent of shareholders of the UK-based company voted in […]

  • Shell to Acquire Interests in Beryl Area Fields, UK

    25 October 2012

    Shell said that it has signed a deal with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System, for US$ 525 million. The Beryl Area includes 12 fields located on the UK Continental Shelf. The fields are operated by Apache and with the acquisition Shell’s interest […]

  • Shell sells stake in deepwater block off Indonesia

    25 July 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell has inked a sale and purchase agreements with Petronas and Pertamina to divest its entire stake in a deepwater block off Indonesia.

  • Shell sells off Gibraltar superyacht fuel depot

    12 July 2010

    Oil giant Shell has put its Gibraltar branch up for sale. Part of a global strategy to focus on ‘upstream’ business and emerging markets, the sell-off package includes two petrol stations — and a major superyacht fuel supply outlet. “We believe that this package offers an attractive opportunity for an investor looking to purchase an […]

  • Australia clears Shell-BG merger

    3 December 2015

    Shell’s $70 billion acquisition of UK’s BG Group is moving a step forward after BG on Thursday said that Shell’s recommended offer had received approval from the Australian Treasurer through the Foreign Investment Review Board. The approval comes two weeks following the unconditional approval by the Australian Competition and Consumer Commission (“ACCC“) and completes the […]

  • Centrica sells its Trinidad gas assets to Shell

    30 November 2016
    Project & Tenders

    UK’s Centrica on Wednesday informed it has agreed to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell Exploration and Production for an initial cash consideration of US$30 million (£24 million).

  • Shell considering selling its Iraq oil assets

    29 November 2016

    By Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion (24.18 billion pound) asset disposal programme, industry sources said on Monday. Shell is seeking to slim down its vast oil and gas portfolio following the $54 […]

  • Australia: No Indication Shell is Selling its Woodside Stake

    26 October 2011
    Business & Finance

    Royal Dutch Shell , the biggest shareholder in Woodside Energy , has given no indication that it is in any hurry to sell its 24 percent stak… By Rebekah Kebede (Reuters) [mappress] Source: Reuters, October 26, 2011

  • Shell opens Amsterdam LNG station

    29 September 2015

    Gas and oil giant Shell said it has opened its third liquefied natural gas truck refuelling station in the Netherlands. The station is located in Amsterdam in the western port area. This follows closely after the official opening of Shell’s first two stations in the country in March and April this year in Rotterdam and […]

  • Sovcomflot and Shell in LNG alliance

    30 June 2009

    Shell and Russian Sovcomflot has signed a General Cooperation Agreement – the two companies will cooperate in potential LNG shipping projects in Russia, including the Arctic region. The agreement includes, among other things, development of joint shipping solutions for natural gas fields on Yamal Peninsula and further improvement of LNG shipping technologies, including in difficult […]

  • UK: Shell Acquires Interests in Beryl Area Fields

    25 October 2012

    Shell announced today the signing of an agreement with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System (“SAGE”), for US$ 525 million. The Beryl Area includes 12 fields located on the UK Continental Shelf. The fields are operated by Apache and with the acquisition Shell’s […]

  • Shell shareholders approve merger with BG

    27 January 2016

    The Hague-based Royal Dutch Shell on Wednesday revealed its shareholders voted in favor of the merger with BG Group, opening the door for the creation of one of the biggest LNG players in the world.

  • Shell to Splash Millions on New Technologies

    2 April 2013
    Business & Finance, Equipment

      Shell is ready to invest several hundred million dollars in emerging technology companies, with the aim to accelerate the deployment of  innovations that add value to the company’s operations. From smarter exploration processes to enhanced extraction techniques, Shell’s corporate venturing arm Shell Technology Ventures will make investments over the next six to eight years. […]

  • Shell busy with fleet updates

    28 August 2007

    Bob Salmon moved to Houston two years ago to become general manager of shipping for Shell Trading U.S., which provides various hydrocarbon products and services, including shipping. A native of Wales, he joined the Shell organization in 1971 as a deck cadet on the vessel Hindsia in the Far East.

  • Shell cuts Gulf of Mexico jobs

    25 July 2016

    Oil major Royal Dutch Shell is implementing structural changes and reducing its workforce in the deep water Gulf of Mexico offshore organization. Specifically, Shell said that the new organization will require approximately 25% fewer offshore employee and contractor positions. Shell has about 770 people employed in the Gulf deep waters. A Shell spokesman said: “We […]

  • Shell appoints new gas chief

    3 November 2015

    Royal Dutch Shell appointed Maarten Wetselaar Integrated Gas director with effect from January 1st, 2016.

  • Shell elects new Chairman

    30 October 2014
    Business & Finance

    Royal Dutch Shell plc has appointed Charles O. Holliday as Chairman with effect from the conclusion of the 2015 Annual General Meeting, subject to his re-appointment as a Director of the Company by shareholders at the AGM. Holliday will succeed Jorma Ollila who will step down from the Board with effect from the conclusion of […]

  • Shell to slash costs and reduce spending

    23 March 2020

    The Hague-based LNG giant Shell said on Monday it plans to heavily reduce operating costs and spending to help mitigate the impact of the coronavirus outbreak and tumbling oil prices. Shell said in a statement it would reduce 2020 cash capital expenditure to $20 billion or below from a planned level of around $25 billion. […]

  • Shell 3Q Earnings Drop

    31 October 2013
    Business & Finance

    Royal Dutch Shell’s third quarter 2013 earnings, on a current cost of supplies (CCS) basis, were $4.2 billion compared with $6.2 billion in the same quarter a year ago. Third quarter 2013 CCS earnings excluding identified items were $4.5 billion compared with $6.6 billion in the third quarter of 2012. Compared with the third quarter […]

  • Shell: Australian downstream sale will not affect upstream operations

    21 February 2014
    Business & Finance

    Shell today announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 billion). The sale covers Shell’s Geelong Refinery and 870-site retail business – along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in […]