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Royal Dutch Shell PLC

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  • NEW YORK/ LONDON, June 29- Mergers and acquisitions worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share. These include Royal Dutch Shell Plc's $70 billion acquisition of British rival BG Group Plc, cable...

  • *Bulk of U.S. oil heads to Europe. NEW YORK, June 29- U.S. exports of ultra-light crude, also known as condensate, have doubled since the start of the year, with most shipments headed to Europe, according to traders familiar with the deals and data from an energy consultant. "One of the main surprises is that the majority of the exports have been to Europe rather than...

  • ANCHORAGE, Alaska— One Royal Dutch Shell offshore drill rig is headed to Alaska and a second is poised to leave, despite lacking final federal permits that would allow exploratory drilling and possible confirmation of rich oil reserves under the Chukchi Sea. A spokesman for Royal Dutch Shell PLC said that's routine. The U.S. Geological Survey estimates there...

  • WASHINGTON, June 23- Green groups urged the U.S. Department of Interior on Tuesday to revoke the agency's conditional approval of Royal Dutch Shell's 2015 Arctic oil exploration plan, saying it runs counter to established protections for walruses. A 2013 rule implemented by the Fish and Wildlife Service, a bureau of the Interior Department, prevents energy...

  • WASHINGTON, June 23- Green groups urged the U.S. Department of Interior on Tuesday to revoke the agency's conditional approval of Royal Dutch Shell's 2015 Arctic oil exploration plan, saying it runs counter to established protections for walruses. A 2013 rule implemented by the Fish and Wildlife Service, a bureau of the Interior Department, prevents energy...

  • The lawsuit filed in U.S. District Court in Seattle on Thursday by Anita Hanks said Shell and its contractor maintained dangerous work conditions on the Arctic Challenger as it prepared to drill in the Arctic in 2012. The oil spill containment vessel is part of Shell's drilling fleet. It was docked in Bellingham at the time of an accident. According to the...

  • ST PETERSBURG, Russia, June 19- Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters. Gazprom, the world's top gas producer, said on Thursday that Shell and its long-time gas buyers in Europe- Germany's E.ON and...

  • Gazprom, Shell agree to expand Sakhalin-2 project Thursday, 18 Jun 2015 | 8:04 AM ET

    ST PETERSBURG, Russia, June 18- Russian gas producer Gazprom and Royal Dutch Shell have signed an agreement to expand the Sakhalin-2 LNG project. Officials from both companies signed the agreement at an economic forum in Russia's second city of St Petersburg on Thursday. The Sakhalin-2 project, Russia's sole LNG plant, has a current annual capacity of around 10...

  • VANCOUVER, June 17- Canada's environment ministry said on Wednesday it approved a Royal Dutch Shell Plc- led liquefied natural gas export terminal on British Columbia's coast, contingent on the project meeting 50 environmental, social and operational conditions. The province of British Columbia also issued an environmental certificate for the export...

  • VANCOUVER, June 17- Canada's environment ministry said on Wednesday it has approved a Royal Dutch Shell- led liquefied natural gas export terminal proposed for British Columbia's Pacific Coast, contingent on the project meeting 50 conditions on monitoring its impact. Shell's LNG Canada project, which is expected to have cost as much as C $40 billion when...

  • RIO DE JANEIRO, June 16- Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when the government plans to announce a rescue program for the industry. However, executives at Petroleo Brasileiro SA, as Petrobras is formally known, have run into internal and...

  • US crude ends up as Texas braces for tropical storm Tuesday, 16 Jun 2015 | 2:56 PM ET

    U.S. crude oil prices edged up Tuesday on warnings a tropical storm was about to hit the coast of the oil-producing state of Texas.

  • *Varo Energy seeking to expand its northern Europe turf. LONDON, June 16- A fast-growing European oil venture between the world's top energy trader Vitol and private equity firm Carlyle Group is attempting to cash in where the industry's biggest companies have struggled for years. The merged company controls businesses from oil production to refineries to...

  • Low oil price hits $200 billion in mega-projects Tuesday, 16 Jun 2015 | 10:34 AM ET

    LONDON, June 16- Deepwater oil projects and complex gas facilities worth around $200 billion have been canceled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young said on Tuesday. "A total of $200 billion of oil and gas projects have been deferred or canceled," said Brogan, global oil and gas...

  • HOUSTON, June 16- Tropical Storm Bill hurtled toward the Texas coast from the Gulf of Mexico early on Tuesday with heavy rains and strong winds, the National Weather Service said, weeks after floods killed about 30 people in the state. Flash flood watches were in effect for central Texas and the Houston area, regions where floods last month swallowed thousands of...

  • LONDON, June 16- U.S. crude oil prices edged up on Tuesday, supported by warnings that a tropical storm threatened to hit the coast of the oil-producing state of Texas, but oversupply weighed on Brent. U.S. crude, also known as West Texas Intermediate, was up 34 cents at $59.86 a barrel at 1044 GMT, staying within a range of $57- $62 per barrel that has been in place since the...

  • Tropical Storm Bill bears down on Texas coast Tuesday, 16 Jun 2015 | 5:08 AM ET

    HOUSTON, June 16- Tropical Storm Bill hurtled toward the Texas coast from the Gulf of Mexico early on Tuesday with heavy rains and strong winds, the National Weather Service said, weeks after floods killed about 30 people in the state. Flash flood watches were in effect for central Texas and the Houston area, regions where floods last month swallowed thousands of...

  • RIO DE JANEIRO, June 15- Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when the government plans to announce a rescue program for the industry. However, executives at Petroleo Brasileiro SA, as Petrobras is formally known, have run into internal and...

  • SEATTLE, June 15- A Royal Dutch Shell PLC drilling rig that will search for oil in the Arctic pulled out of its temporary base in Seattle on Monday for the trip north to Alaska as dozens of activists in kayaks tried to stop its movement, authorities said. Greenpeace USA said the kayaks had slowed the rig's progress and that 13 protesters had been detained by the Coast...

  • HOUSTON, June 15- A tropical disturbance packing heavy rains in the Gulf of Mexico was slated to drench the coast of Texas just weeks after floods killed about 30 people in the state, the National Weather Service said. Flash flood watches were in effect for central Texas and in the Houston area, regions where flooding last month turned streets into rivers,...