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Royal Dutch Shell PLC

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  • NEW YORK, May 13- Royal Dutch Shell Plc will consider small additions to its North America oil and gas business, despite ruling out large acquisitions after its deal to buy BG Group Plc, Marvin Odum, director of Shell's Americas exploration and production business, said in an interview Wednesday. Still, the London- based major will consider smaller deals in North...

  • ABU DHABI/ SEOUL May 13- State-run Abu Dhabi National Oil Company has signed a 40- year deal with GS Energy, selling the South Korean firm a 3 percent stake in an onshore oil concession to develop the United Arab Emirates' biggest oilfields. GS Energy joins Japan's Inpex Corp and France's Total in winning contracts so far to develop the oilfields, which produce 1.6...

  • SEATTLE— Royal Dutch Shell is forging ahead with plans to park two Arctic oil drilling rigs in Seattle, despite the city saying it could issue fines in the case and port commissioners asking Shell to wait. Shell's plan to move the two rigs to Seattle in coming days sets up a showdown between environmentalists and oil exploration advocates and touches off a wider...

  • WASHINGTON, April 1- For a leader who has made fighting climate change a priority, President Barack Obama's decision to approve Royal Dutch Shell's return to oil and gas exploration off Alaska was seen by many environmentalists as a contradiction. But Shell, which has already spent about $6 billion exploring the Arctic, expects to return to polar waters this...

  • SEATTLE— Despite a Seattle port commission request that Royal Dutch Shell delay any moorage of oil exploration vessels in the city pending further legal review, a Shell spokesman said Tuesday his company will bring its rigs to a terminal as planned to prepare for exploratory drilling in Arctic waters. Also on Tuesday evening, a small group of activists in...

  • SINGAPORE, May 12- Kenya is set to import record volumes of oil products in May as its economy gathers steam, soaking up some of Asia's excess supply and helping put a floor under refining margins. Industrial expansion and a growing fleet of automobiles in a region that lacks refining capacity have stoked East African appetite for oil product imports, with...

  • ANCHORAGE, Alaska— Royal Dutch Shell's Arctic drilling program has cleared a major bureaucratic hurdle to begin drilling for oil and gas off Alaska's northwestern coast this summer. The Bureau of Ocean Energy Management on Monday approved the multi-year exploration plan in the Chukchi Sea for Shell after reviewing thousands of comments from the public,...

  • SEATTLE— A giant floating oil rig currently anchored off Port Angeles, Washington, will be towed to Seattle this week despite the Seattle mayor's assertion that the Port of Seattle can't host the rig until it gets a new land-use permit, a Royal Dutch Shell spokesman said Monday. Seattle Mayor Ed Murray has urged the port to reconsider its two-year, $13 million...

  • The Department of Interior conditionally approved Shell's plan to explore for oil in the Chukchi Sea off Alaska. Shell has already spent about $6 billion on exploration in the Arctic. "We have taken a thoughtful approach to carefully considering potential exploration in the Chukchi Sea," said Abigail Ross Harper, the director of the Bureau of Ocean Energy...

  • ANCHORAGE, Alaska— Royal Dutch Shell's Arctic drilling program has cleared a major bureaucratic hurdle to begin drilling for oil and gas off Alaska's northwestern coast this summer. The Bureau of Ocean Energy Management on Monday approved the multi-year exploration plan in the Chukchi Sea for Shell after reviewing thousands of comments from the public,...

  • *China imported 7.4 mln bpd in April, U.S. about 7.2 mln bpd. *China is already world's biggest energy, raw material importer. SINGAPORE, May 11- China overtook the United States as the world's top importer of crude oil for the first time in April, and its purchases are expected to remain strong despite a slowing economy, with far-reaching consequences for global oil...

  • Judge orders Greenpeace to stay away from drill ships Saturday, 9 May 2015 | 5:18 AM ET

    ANCHORAGE, Alaska— A federal judge has ordered Greenpeace protesters to stay away from Royal Dutch Shell PLC ships. U.S. District Court Judge Sharon Gleason on Friday also prohibited Greenpeace from flying unmanned vehicles over the offshore Arctic area where Shell plans to drill. Shell Offshore Inc. sued on April 7, one day after six Greenpeace protesters...

  • NEW YORK, May 6- Stocks on major world markets fell on Wednesday, as European borrowing costs reached their highest level this year, while the U.S. dollar slumped against major currencies after weak American economic data. The uncertainty is that these are pretty significant moves, "said Chuck Carlson, chief executive officer at Horizon Investment Services in...

  • *Treasuries compete with $18 bln of Apple, Shell deals. NEW YORK, May 6- U.S. Treasuries fell on Wednesday, weighed down by a global slide in government bond markets that pushed yields to 2015 peaks and large bond sales by Apple Inc and Royal Dutch Shell.

  • *Treasuries compete with $18 bln of Apple, Shell deals. NEW YORK, May 6- U.S. Treasuries fell on Wednesday, weighed down by a global slide in government bond markets that pushed yields to 2015 peaks and large bond sales by Apple Inc and Royal Dutch Shell.

  • SINGAPORE, May 6- Jorge Montepeque, inventor of the modern system of setting world oil prices, is leaving reporting agency Platts after three decades of tussles with oil traders and attention from regulators. Critics have drawn attention to its dominance, and its role in the fabric of oil trade was of interest to regulators in the United States and Europe when...

  • May 4- Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the city's...

  • Shell's Arctic return faces hurdle at Seattle port Monday, 4 May 2015 | 4:49 PM ET

    May 4- Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the city's...

  • YANGON, May 3- Myanmar has awarded contracts to international oil majors Statoil and ConocoPhillips for oil and gas exploration in a deepwater offshore block, the official Kyemon Daily said on Sunday. The Myanmar newspaper said the two companies' regional subsidiaries- Singapore-registered Statoil Myanmar Private Ltd and ConocoPhillips Myanmar E&P Pte....

  • May 1- TransCanada Corp, Canada's second largest pipeline operator, reported a 10 percent rise in comparable earnings, helped by the positive impact of a stronger U.S. dollar on its U.S. pipeline operations and profits at its power businesses. TransCanada, the company behind the C $8 billion Keystone XL and C $12 billion Energy East pipelines, also said demand for...