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Royal Dutch Shell PLC

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  • HOUSTON, Feb 12- The largest U.S. refinery strike since 1980 entered its 12th day on Thursday with no talks scheduled until next week and industry representatives were weighing a union counterproposal, said a labor spokeswoman. Also on Thursday, Tesoro Corp Chief Financial Officer Steven Sterin told analysts during an earnings conference call that...

  • U.S. refinery strike enters 12th day, no talks scheduled Thursday, 12 Feb 2015 | 12:36 PM ET

    HOUSTON, Feb 12- The largest U.S. refinery strike since 1980 entered its 12th day on Thursday with no talks scheduled between union and industry representatives until next week, and at least one refinery will remain out of production for the duration of the work stoppage. Tesoro Corp Chief Financial Officer Steven Sterin told analysts during an earnings...

  • HOUSTON, Feb 12- Tesoro Corp is confident its refineries in California and Washington can operate with non-union workers for a "very long period of time," as refinery strikes across the nation enter a 12th day, Chief Executive Greg Goff told analysts on Thursday. Talks between the United Steelworkers union, which represents the striking workers and those at 52...

  • Total CEO hails Abu Dhabi concession as "blockbuster" Thursday, 12 Feb 2015 | 11:00 AM ET

    PARIS, Feb 12- The chief executive of Total hailed the renewal of its oilfield concession in Abu Dhabi as a "blockbuster" on Thursday and did not deny the French oil major may have coughed up over $2 billion to sign the deal. The Paris- based company raised pressure on its rivals when it became the first oil major to sign a deal on Jan. 29 with the Abu Dhabi National Oil...

  • HOUSTON, Feb 11- A Royal Dutch Shell spokeswoman said on Wednesday that talks with the United Steelworkers union were not broken off on the 11th day of a refinery workers strike, contrary to a media report in the morning. A USW spokeswoman said the union was ready to continue talks with Shell Oil Co, the lead negotiator for U.S. refinery owners. "We're open for...

  • HOUSTON, Feb 10- The United Steelworkers union said little progress was made in talks with oil companies on Tuesday for a new U.S. refinery workers contract as a strike at 11 plants completed its 10th day, according to a text message issued by the union. The USW said lead oil company negotiator Royal Dutch Shell Plc failed to bring experts and information as...

  • Union and Shell talk at length over U.S. refinery pact Tuesday, 10 Feb 2015 | 6:42 PM ET

    HOUSTON, Feb 10- Royal Dutch Shell Plc and the United Steelworkers union negotiated for hours on Tuesday over a new labor contract for U.S. refinery workers, the company said on day 10 of the biggest refinery walkout since 1980.. Over the weekend, walkouts widened to include BP Plc's Whiting, Indiana, refinery and its joint-venture refinery with Husky Energy in...

  • Weaker oil stocks hit European equities, UBS drops Tuesday, 10 Feb 2015 | 4:44 AM ET

    LONDON, Feb 10- European shares fell for a second day on Tuesday, with energy stocks hurt most after crude prices slid again on concerns about oil demand in China. "It's difficult to see a big recovery in oil prices in the near term as the upside is limited in the current environment because of the huge supply glut," Peter Dixon, equity strategist at Commerzbank, said,...

  • HOUSTON, Feb 7- The United Steelworkers union said on Saturday the strike by U.S. refinery workers is expanding to two more plants early on Sunday due to unfair labor practices by oil companies. Walk-outs at BP Plc's Whiting, Indiana, refinery and the company's joint-venture refinery with Husky Energy in Toledo, Ohio, shortly after 12 a.m. local time on Sunday would...

  • HOUSTON, Feb 6- A strike by U.S. refinery workers appears set to widen late Saturday night to 11 plants as walkouts have been scheduled at BP Plc refineries in Indiana and Ohio, a BP spokesman said on Friday night, the sixth day of the strike. Stoppages by hourly workers represented by the United Steelworkers union are scheduled to begin at 11:59 p.m. local time on...

  • Oil climbs, Brent heads for best 2 weeks since 1998 Friday, 6 Feb 2015 | 2:31 PM ET

    Oil rallied again on Friday as falling oil rig counts and violence in producer Libya helped to further stall a selloff that began in June.

  • *Saudi Arabian prices to Asia lowest in over a decade. LONDON, Feb 6- Brent crude oil was on track for the biggest weekly rise since 2011 as fighting in Libya and stronger economic signals from the United States helped futures rebound from near six-year lows. No sustained recovery is expected in the near term amid rising global inventories and steady OPEC supply.

  • *Saudi Arabian prices to Asia lowest in over a decade. LONDON, Feb 6- Brent crude oil traded almost $2 higher on Friday, on track for its second weekly increase, as fighting in Libya and stronger economic signals from the United States helped futures rebound from near-six-year lows. Prices remain roughly 50 percent below their peak from the middle of last year, and no...

  • ABUJA, Nigeria Feb 6- In late 2013, Nigeria's then central bank governor Lamido Sanusi wrote to President Goodluck Jonathan claiming that the state oil company had failed to remit tens of billions of oil revenues it owed the state. Before he was sacked, though, the central banker submitted to Nigeria's parliament more than 300 pages of documentation in support...

  • LONDON, Feb 6- Crude oil traded $2 higher before paring gains on Friday, on track for a second weekly increase, as chaos in Libya and stronger economic signals from the United States helped futures rebound from near-six-year lows. Prices remain roughly 50 percent below their peak from the middle of last year, and no rapid recovery is expected amid rising global...

  • SINGAPORE, Feb 6- Crude oil prices rose more than $1 a barrel on Friday, continuing a rebound from near-six-year lows plumbed last week, although no rapid recovery is expected amid rising global inventories and steady OPEC supply. Benchmark Brent crude futures were $1.30 higher at $57.86 a barrel at 0611 GMT, after closing up $2.41 on Thursday.

  • Shell to use ship named after Nazi war criminal Friday, 6 Feb 2015 | 1:30 AM ET

    Royal Dutch Shell is facing criticism after deciding to bring a ship named after a Nazi war criminal to the U.K. to decommission an oilfield.

  • SINGAPORE, Feb 6- Crude oil prices rose as much as $1 on Friday, continuing a rebound from near six-year lows plumbed last week, but rising global inventories and steady OPEC supply will likely cap gains. Growing numbers of OPEC delegates say they expect no rapid recovery in oil prices, even as the market shows signs of a tentative rally from near six-year lows.

  • SINGAPORE, Feb 6- U.S. crude rose as much as $1 in early Asian trade on Friday, continuing a rebound from near six-year lows plumbed last week, but rising global inventories could cap gains. U.S. crude for March delivery was up 36 cents at $51.84 by 0018 GMT, after trading as much a $1 higher earlier in the session. Top OPEC producer Saudi Arabia cut its monthly oil prices...

  • Crude oil rallies 4%, settles above $50 a barrel Thursday, 5 Feb 2015 | 2:39 PM ET

    Oil rose on Thursday after China took steps to pour liquidity into the world's second-biggest economy.