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Royal Dutch Shell PLC

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  • India issues fresh tax notice to Vodafone - report Sunday, 19 Apr 2015 | 2:55 AM ET

    MUMBAI, April 19- Indian tax authorities have issued a fresh notice to Vodafone Group Plc seeking re-assessment of tax returns for assessment year 2009-2010, news channel ET Now reported on Saturday citing sources familiar with the development. The government in January said it would not appeal a regional court ruling in favour of Vodafone in a long-running...

  • *Exxon Mobil front-runner for Mozambique LNG stake-sources. MILAN/ LONDON/ SINGAPORE, April 16- Anadarko Petroleum is considering selling its multi-billion dollar stake in Mozambique's giant gas reserves, with Exxon Mobil and Qatar Petroleum both showing interest, banking and industry sources said. The world's largest oil firm has been expected to follow...

  • Protesters meet Arctic drill rig in Washington harbor Friday, 17 Apr 2015 | 10:36 AM ET

    PORT ANGELES, Wash.— Protesters in kayaks greeted a rig that could be used for oil drilling in the Arctic as it arrived Friday in Washington state following a journey across the Pacific that included being boarded by Greenpeace activists. Eric Ross of Shell No Action Coalition says kayakers are training for a "festival of resistance" in Seattle on May 16-18.

  • SAO PAULO, April 15- Cosan Ltd, the holding company that controls Brazil's No. 1 sugar and ethanol producer, is looking for opportunities to invest in the country's energy and infrastructure sectors, Chief Financial Officer Marcelo Martins said on Wednesday. An economic downturn and rising borrowing costs in Brazil have forced Cosan to build up cash, which now...

  • Nokia, miners help European shares reach new 14-year high Wednesday, 15 Apr 2015 | 5:27 AM ET

    *Nokia gains after deal, Alcatel-Lucent slips. LONDON, April 15- European shares touched a new 14- year high on Wednesday, with Nokia gaining after agreeing to buy rival telecom equipment maker Alcatel-Lucent, and firmer oil and metals prices boosting energy and mining stocks. Shares in Royal Dutch Shell, Tullow Oil and BP rose 0.8 to 2.4 percent.

  • OSLO, April 15- Norway's oil fund, the world's biggest sovereign wealth fund, said on Wednesday it would back a proposal from shareholders of BP and Royal Dutch Shell for further information from the companies on risks and opportunities associated with climate change. The $885 billion Fund, which invests revenues from Norway's offshore oil and gas production,...

  • AMSTERDAM, April 14- The Dutch government said it would immediately implement a court order to halt production in part of Europe's largest gas field after a ruling that raised industry concerns of further output curbs because of safety fears over earthquakes. In a preliminary ruling on Tuesday, the Council of State ordered the government to a halt production...

  • AMSTERDAM, April 14- A Dutch court halted production in part of Europe's largest gas field in the province of Groningen, raising industry concerns that further curbs could be ordered because of safety fears over earthquakes. In a preliminary ruling on Tuesday, the Council of State said it would order a halt to production around the village of Loppersum in the...

  • *Lukoil involved in Empty Quarter gas search. KHOBAR, Saudi Arabia/ MOSCOW, April 13- Lukoil will likely pull out from Saudi Arabia where the economics of its search for gas have been crushed by the collapse of the oil price, three industry sources said. Lukoil was the last company left active in the consortia of international oil firms Saudi Arabia invited in...

  • LONDON, April 13- The drop in big oil companies' profits in the past eight months isn't just a function of lower crude prices- it also reflects strategic choices. A Reuters examination of corporate filings by some of the biggest players in the industry, including BP, Shell and France's Total, shows the sensitivity of these companies' earnings to changes in oil prices...

  • WASHINGTON, April 13- As the United States and Iran come closer to a historic nuclear deal, many U.S. states are likely to stick with their own sanctions on Iran that could complicate any warming of relations between the long-time foes. In more than half those states, the restrictions expire only if Iran is no longer designated to be supporting terrorism or if all...

  • Cramer game plan: Getting in on Buffett's top bank Friday, 10 Apr 2015 | 6:07 PM ET
    Warren Buffett

    In Jim Cramer's game plan for next week, he has an opportunity for investors to grab Warren Buffett's favorite bank stock.

  • ANCHORAGE, Alaska— The federal government began the review process Friday on Royal Dutch Shell's plans to continue a drilling program it halted in 2012 in Arctic waters off Alaska's northern shore. The public will have until April 20 to comment on environmental aspects and until May 1 to comment on the overall revised plan, submitted by the subsidiary, Shell...

  • WASHINGTON, April 10- The U.S. Interior Department said on Friday it has received a plan by Royal Dutch Shell PLC to explore drilling opportunities in the Arctic. The company's plan envisions "exploration drilling in the shallow waters of the Chukchi Sea Outer Continental Shelf, off the northwest coast of Alaska." The Interior Department will now consider the...

  • LONDON, April 10- When it comes to forecasting the oil price, big companies play their cards very close to their chests. Analysts from Barclays agreed that because the BG deal brings Shell rich reserves and production outlook in Brazil, it hoped it would prompt the company to slow down or relinquish less competitive assets. "This includes high breakeven projects...

  • Prices of the steel-making ingredient for immediate delivery have slumped 60 percent over the past year as demand particularly from China slowed rapidly. A combination of factors brought about the recent capitulation in forward prices, most notably news that China plans to subsidize its iron ore sector to protect its flagging steel industry.

  • JUNEAU, Alaska— If officials in Washington state wind up not allowing Royal Dutch Shell to base its Arctic drilling fleet in Seattle over environmental concerns, members of the Alaska Legislature suggest another business decision for its neighbor to the south. A resolution, from Alaska House Speaker Mike Chenault, a Republican, suggests public officials in...

  • Iron ore in fresh crisis as forward prices crumble Thursday, 9 Apr 2015 | 5:00 PM ET

    Prices of the steel-making ingredient for immediate delivery have slumped 60 percent over the past year as demand particularly from China slowed rapidly. A combination of factors brought about the recent capitulation in forward prices, most notably news that China plans to subsidise its iron ore sector to protect its flagging steel industry.

  • US crude ends up 0.73% on German data, Iran Thursday, 9 Apr 2015 | 2:37 PM ET
    Oil fracking

    Oil prices rallied on Thursday as strong German economic data and continued uncertainty about an agreement on Iran's nuclear program provided lift.

  • Britain's FTSE buoyed by Burberry, emerging markets Thursday, 9 Apr 2015 | 12:29 PM ET

    *Burberry gains on bid speculation. LONDON, April 9- Britain's FTSE 100 rose on Thursday, as a recovery in emerging market-exposed stocks and gains in Burberry driven by bid speculation kept the index near all-time highs. "I have been buying up Burberry shares but I don't think I'll go back in for more ahead of Burberry's numbers later this month," Securequity sales...