GO
Loading...

Royal Dutch Shell PLC

More

  • NEW YORK, Nov 28- Crude oil tumbled on Friday, knocking down both energy-related shares and currencies after OPEC's decision a day earlier not to cut output reinforced prospects of a worldwide oil supply glut. A rout in U.S. and European energy shares weighed on equity markets but other sectors edged higher, lifting Wall Street's Dow industrials and the Nasdaq,...

  • *Asset sales have yielded $150 billion over four years. LONDON, Nov 28- With oil company revenues set to drop on the back of a rout in prices, boards will have to cut investments and increase borrowing to maintain their cherished dividend payouts. The world's top oil companies including BP, Royal Dutch Shell, Total, ExxonMobil and Chevron are already in the midst of a...

  • *Brent crude rebounds after OPEC, but U.S. crude falls further. *Dollar mostly strengthens on OPEC decision, bond yields fall. NEW YORK, Nov 28- Brent crude touched fresh four-year lows on Friday, knocking down both energy-related shares and currencies after OPEC's decision a day earlier not to cut output reinforced prospects of an oil supply glut around the world.

  • *Asset sales have yielded $150 billion over four years. LONDON, Nov 28- With oil company revenues set to drop on the back of a rout in prices, boards will have to cut investments and increase borrowing to maintain their cherished dividend payouts. The world's top oil companies, or majors, including BP, Royal Dutch Shell, Total, ExxonMobil and Chevron are already in the...

  • NUUK/ COPENHAGEN, Nov 28- Greenlanders go to the polls on Friday with hopes for a mineral-rich independence from Denmark foundering on the reality of a tiny, shrinking economy. "Hammond accentuated all the differences between Denmark and Greenland. Greenland, whose capital Nuuk is closer to New York than Copenhagen, became a Danish colony in the early 19th...

  • Stocks mixed in afternoon trading as oil stumbles Friday, 28 Nov 2014 | 12:29 AM ET

    LONDON— Oil stocks weighed on markets around the world Friday as crude prices hovered around four year lows in the wake of OPEC's decision to keep production steady. KEEPING SCORE: In Europe, France's CAC 40 was down 0.3 percent at 4,370 while Germany's DAX fell the same rate to 9,943. The FTSE 100 index of leading British shares was 0.4 percent lower at 6,698. Wall...

  • European shares rise, boosted by Germany's DAX Thursday, 27 Nov 2014 | 7:34 AM ET

    *Energy shares under pressure ahead of OPEC meeting. LONDON, Nov 27- European shares rose on Thursday, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank. At the same time Spanish and Italian stocks rose as expectations mounted that the European Central Bank would buy bonds.

  • *Energy shares under pressure ahead of OPEC meeting. PARIS, Nov 27- European shares inched up in early trade on Thursday, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank. "The results are better-than-expected, thanks to sales from its liquor and spirits division, as well as better...

  • Oil prices tank as OPEC leaves output unchanged Thursday, 27 Nov 2014 | 12:35 AM ET

    LONDON— Oil companies saw their shares take a beating Thursday as crude prices slid to their lowest in over four years in the wake of OPEC's decision to maintain production levels even though prices have fallen sharply in recent weeks. With U.S. markets closed for Thanksgiving, investors around the world were taking their cue from developments in Vienna,...

  • MOSCOW, Nov 22- Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday. The sanctions over Russia's role in the Ukraine crisis have targeted the delivery of oil technology, goods and services,...

  • Shell wins India tax case Tuesday, 18 Nov 2014 | 9:39 AM ET

    MUMBAI, Nov 18- The Bombay High Court on Tuesday ruled in favour of the Indian unit of Royal Dutch Shell Plc in a multi-million dollar tax dispute, the latest verdict against the tax department that has been vigorously pursing claims against foreign firms in India. A rash of high-value tax claims on foreign firms including IBM Corp and Nokia Oyj in the past year has...

  • Canadian crude imports likely to keep falling -NEB Thursday, 13 Nov 2014 | 4:44 PM ET

    Canada has the world's third-largest crude reserves behind Saudi Arabia and Venezuela, most of which are located in the oil sands in northern Alberta. The closure of Shell Canada's Montreal East refinery in Quebec, and Imperial Oil Ltd's refinery in Dartmouth, Nova Scotia, has also reduced demand for imported crude. NEB data showed that the U.S. shale boom has...

  • Europe ends higher, energy stocks under pressure Thursday, 13 Nov 2014 | 11:30 AM ET

    European shares closed higher on Thursday, even as a further fall in oil prices led to heavy selling in the energy sector.

  • MEXICO CITY, Nov 11- Royal Dutch Shell, one of the world's largest oil companies, is most interested in new oil and gas projects in the deep waters of the Gulf of Mexico following a major sector opening finalized earlier this year, a top executive said on Tuesday. In the near term, Shell is eying potential deep water tie-ups with Mexican oil company Pemex in the Trion...

  • Big Oil cutbacks deal supply-chain pain Sunday, 9 Nov 2014 | 3:01 AM ET

    *Fugro stock down over 30 pct since scrapping dividend. LONDON/ PARIS, Nov 9- Belt-tightening by big energy majors faced with plunging oil prices is battering the finances and share prices of their suppliers, as investors reassess the sector's ability to keep gushing cash. Fugro, once seen as a blue-chip on Amsterdam's benchmark index, has had more than 30 percent...

  • 'Small oil' could end up with a big debt problem Friday, 7 Nov 2014 | 2:38 PM ET
    A gas flare is seen at an oil well site outside Williston, North Dakota.

    Small and mid-cap shale oil companies face a decision in the face of low oil prices: Slow production growth or increase their debt loads.s.

  • Forgotten OPEC state gains steam—but not for long Friday, 7 Nov 2014 | 1:34 PM ET
    This Feb. 5, 2008 photo shows shift supervisor Ojerinde Kanoru aboard the FPSO Bonga (Floating, Production, Storage and Offloading) facility 75 miles off the coast of Lagos, Nigeria.

    Oil production is at the highest in a decade in Nigeria, but the surge is not likely to last long.

  • CALGARY, Alberta, Nov 7- Royal Dutch Shell Plc, the lead partner in the consortium planning the LNG Canada facility on British Columbia's remote northern coast, said on Friday the project to liquefy natural gas for export to Asia could cost as much as C $40 billion when fully complete. Shell said it believes the facility will cost between C $25 billion and C $40...

  • Why another Beijing Olympics may not be far off Thursday, 6 Nov 2014 | 2:12 PM ET

    Economic troubles at the only remaining rival bidder for the 2022 Olympics have left an open path for Beijing to host again.

  • TOKYO, Nov 6- Australia's Woodside Petroleum is in talks with East Timor on building an onshore gas plant, potentially removing one of the major barriers to developing gas fields that could provide billions of dollars to one of the world's poorest countries. Another major obstacle is a dispute between East Timor and its wealthy neighbour Australia on sharing...