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Royal Dutch Shell PLC

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  • Exxon shareholders to vote on climate change, fracking Wednesday, 27 May 2015 | 11:07 AM ET

    DALLAS— Shareholders are considering whether Exxon Mobil should put a climate-change expert on its board. That is one of several environmental and company-governance resolutions on the agenda at the oil giant's annual meeting Wednesday in Dallas. Exxon has completed more than a dozen major projects in the past three years and expects an equal number to...

  • HOUSTON, May 27- Progressive shareholders are pushing to add directors with climate change expertise to the boards of Exxon Mobil Corp and Chevron Corp, arguing the largest U.S. oil companies need more depth of knowledge to navigate environmental issues. In January, Europe's Royal Dutch Shell Plc backed a measure from activist investors asking it to be more...

  • Clarification: Arctic Drilling Protests story Tuesday, 26 May 2015 | 1:41 PM ET

    BELLINGHAM, Wash.— In a story May 23, The Associated Press, relying on information from the Backbone Campaign group, reported that an activist chained to a support ship that is part of Royal Dutch Shell's exploratory oil drilling plans was named Chiara Rose.

  • AMSTERDAM, May 26- In handing out lucrative public procurement contracts, Qatar is likely to favor countries whose airports grant take-off and landing slots to state-owned Qatar Airways, its chief executive said on Tuesday. While he later stressed that he had no direct influence over public procurement decisions, he said Qatar offered rich pickings for...

  • LONDON, May 24- For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. The second-year engineering student from Balliol College is not alone. Norway's $900 billion sovereign wealth fund and the Church of England are among recent...

  • SEATTLE— One of two protesters who affixed themselves to an Arctic oil-drilling support ship parked north of Seattle left the vessel Sunday, but the other remained suspended from its anchor chain in an effort to draw attention to climate change and the risks an oil spill could pose in the remote waters off northwestern Alaska. Protester Matt Fuller requested...

  • SEATTLE— One of two protesters who affixed themselves to an Arctic oil-drilling support ship parked north of Seattle left the vessel Sunday, but the other remained suspended from its anchor chain in an effort to draw attention to climate change and the risks an oil spill could pose in the remote waters off northwestern Alaska. Protester Matt Fuller requested...

  • LONDON, May 24- For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. The second-year engineering student from Balliol College is not alone. Norway's $900 billion sovereign wealth fund and the Church of England are among recent...

  • Eric Ross of the Backbone Campaign said on Saturday morning that Matt Fuller joined student activist Chiara Rose in suspending themselves from the anchor chain of the Arctic Challenger, which is in Bellingham Bay. The Coast Guard cutter Osprey spent the night monitoring Rose but took no action, Petty Officer 3rd Class Katelyn Shearer said Saturday morning.

  • WASHINGTON, May 22- A group of 18 mostly Democratic U.S. senators on Friday urged the Obama administration to stop Royal Dutch Shell's preparations for oil exploration in the Arctic, saying the region has a severely limited capacity to respond to accidents. The appeal was spearheaded by Senator Jeff Merkley of Oregon and the letter was signed by other liberals,...

  • AXA axes 500 mln euros of coal investments Friday, 22 May 2015 | 11:43 AM ET

    PARIS, May 22- French insurer AXA said on Friday it was cutting its exposure to the coal industry, pulling out of investments worth 500 million euros. Bank of America said earlier this month it was cutting back its lending to the coal industry, while French bank Societe Generale said it was restricting its exposure to the sector. However oil major Royal Dutch...

  • HOUSTON, May 21- A judge on Thursday denied Royal Dutch Shell's appeal of a ruling that a proposed oil-by-rail project at its Washington state refinery must undergo a full environmental review, just two weeks after a crude train derailment caused a fire in North Dakota. Shell had appealed a February ruling from a Skagit County Office of Land Use Hearings...

  • BUENOS AIRES, May 21- Weatherford Drilling International expects to win contracts in the next two or three months to deploy rigs to Argentina where foreign energy majors are exploring one of the world's largest shale resources, a senior company official said on Thursday. "Over the next five to 10 years, we see only upside in Argentina." Weatherford Drilling...

  • LONDON, May 21- Royal Dutch Shell Chief Executive Ben van Beurden on Thursday slammed as a "red herring" calls for investors to divest from energy companies as part of the fight against climate change. Large investors, including faith groups, university endowments and public pension funds have all in recent months backed fossil fuel divestments ahead of the U.N....

  • BUENOS AIRES, May 19- Labor disputes are on the rise in Argentina and costing foreign energy companies millions of dollars as they explore the country's vast but barely-tapped Vaca Muerta shale oil and gas field, company officials said. Trade Unions are a powerful force in Argentina, Latin America's No. 3 economy, where the frequency of industrial disputes are a...

  • SEATTLE— Seattle officials told Secretary of State John Kerry he'd be better off avoiding the city to deliver a major trade speech because of ongoing protests over Arctic drilling that have drawn hundreds of activists on land and sea. Port of Seattle spokesman Peter McGraw said State Department staffers had been looking at Seattle locations for Kerry to...

  • Shell vows to explore Arctic despite Seattle protests Tuesday, 19 May 2015 | 9:48 AM ET

    LONDON, May 19- Royal Dutch Shell will press on with a campaign to explore the Arctic for oil this summer despite protests in the port city of Seattle, chief executive officer Ben van Beurden said on Tuesday. Hundreds of environmental activists have fanned out across the Seattle Bay in recent days to disrupt the Anglo-Dutch company's rigs from entering the port...

  • SEATTLE— Neither a protest by hundreds of demonstrators nor a permit violation notice from the city will halt Royal Dutch Shell's use of a Seattle seaport terminal as it prepares for exploratory oil drilling in the Arctic Ocean, spokesmen say. "It remains our view that the terms agreed upon by Shell, Foss and the Port of Seattle for use of Terminal 5 are valid, and...

  • *ConocoPhillips CEO says more mega-mergers unlikely. Still, there is unlikely to be a wave of mega mergers like Royal Dutch Shell's buyout of BG Group for $70 billion, which Shell itself has said left it cash-strapped and only able to pursue much smaller deals. "There is less need for mega mergers because of unconventional resources which require a small amount of...

  • --Clyde Russell is a Reuters columnist. The $70 billion buyout of BG Plc by larger rival Royal Dutch Shell is generally viewed by investors and analysts as the first big deal in a likely series of major mergers and acquisitions in the resource sector. Ryan Lance, the chief executive of ConocoPhillips, was adamant that he didn't expect a "big M&A wave any time soon."