Environmental activists chanting 'keep it in the ground' blocked the entrance to Shell's headquarters in The Hague on Friday, protesting at the energy company's role in climate change, until police dragged them away, detaining 30.Some of the…
Royal Dutch Shell is cutting the pace of its vast $25 billion share buyback program after lower oil and natural gas prices halved its profit in the last three months of 2019, sending its shares to their lowest since July 2017. While the Anglo…
Shares of London-listed Egdon Resources jumped on Tuesday following news that oil giant Shell farmed into Egdon's UK offshore licenses P1929 and P2304.Under the agreement, Shell will become the operator and will acquire a 70% interest in both blocks…
Oil giant Shell has made a decision to invest in the second phase of its Malikai deepwater development offshore Malaysia.In an announcement on Monday, Shell's Malaysian subsidiary Sabah Shell Petroleum Company, the operator of the Malikai Tension-Leg Platform (TLP) located offshore Sabah…
Shell announced a 'significant' gas and condensate discovery in the Browse Basin off the northwest coast of Western Australia, unlocking potential to develop a tieback to Shell's mega Prelude floating liquefied natural gas (FLNG) facility.Drilling of the Bratwurst -1 exploration well…
Royal Dutch Shell won the rights to market Guyana's first cargoes of crude oil, the government said on Tuesday, just days after oil production began and launched the impoverished South American country into the ranks of world suppliers.An ExxonMobil-led consortium…
Royal Dutch Shell is buying French renewable power company EOLFI as part of its plans to ramp up the oil major's electricity business.EOLFI has largely focused on solar and wind projects, including offshore wind farms. Offshore wind is one of the fastest growing renewables markets…
Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest against plans to leave parts of the giant structures in place after production shuts down.Pictures provided by Greenpeace show two people in yellow hats scaling one of giant two large…
Royal Dutch Shell has pulled out of the Khazar offshore project next to the giant Kashagan field in Kazakhstan and a multinational consortium including Shell is also dropping plans for the adjoining Kalamkas block, officials said on Monday.'The…
Royal Dutch Shell and Exxon Mobil have paid $1.7 million to Somalia to lease offshore blocks for 30 years, the country's state news agency reported on Friday.'Shell/Exxon Mobil have paid $1.7 million to Somalia as the preliminary rent for 30 years…
Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said.Shell won three oil and two gas concessions in Egypt in February.Eni, BP and ExxonMobil also won some of a total…
Operator Shell and its partner Ithaca Energy have taken final investment decision (FID) to upgrade the Pierce oilfield in the UK North Sea so that it can produce natural gas, Shell said on Thursday.The depressurization project involves modifying the existing floating production…
Fugro said it has completed several deepwater geophysical surveys in the Gulf of Mexico for Shell.The project required data collection over multiple deepwater lease blocks in the greater Perdido and Mars development areas to support clearance of potential environmental…
Royal Dutch Shell said on Wednesday that it had been informed by the U.S. Department of Justice that it had closed its inquiry into Shell over the 2011 $1.3 billion acquisition of a Nigerian offshore oilfield.Shell and Italy's Eni are both currently…
Subsea monitoring specialist Sonardyne International said its long-endurance sensors will be used by Shell during a 10-year seabed subsidence monitoring campaign at Norway’s second largest gas field. the Ormen Lange .Setting out to continuously…
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