Oil majors trim everything but dividends» Read More
Shell CEO Peter Voser told CNBC he doesn't expect a major recovery in natural gas prices in the U.S., after the Nymex-traded futures contract rebounded 24 percent from a year ago to $3.23 per million British thermal units.
Peter Voser, CEO of Royal Dutch Shell, tells CNBC that they are on track for their four year plan to deliver a thirty to fifty percent cash flow growth.
Earnings season is shifting into high gear in the final week of January, with six Dow Jones components, and more than a fifth of the S&P 500 companies reporting.
Peter Voser, CEO of Royal Dutch Shell, tells CNBC about a ten billion dollar shale gas deal signed with Ukraine.
Shell may have moved an oil rig that ran aground off Alaska last week partly to avoid millions of dollars in taxes, U.S. Rep. Ed Markey said, raising even more questions about the oil company's decision on the timing of the move.
Chevron said it expects fourth-quarter earnings to be "notably higher" than in the third quarter.
A cyclone approaching Australia's northwest coast that forced miners to shut down key iron ore export terminals and offshore oilfields has intensified into a category four storm, the second-highest level, and will strengthen over the weekend.
Australia's first cyclone of the storm season is intensifying off the country's northwest and is expected to start affecting coastal areas in mining powerhouse Western Australia state as soon as Friday, the Australian Bureau of Meteorology said.
Working in extreme Arctic conditions brings its own set of technical hazards, highlighted by the grounding of Royal Dutch Shell’s Kulluk rig on the rocks off Sitkalidak Island, after being battered by a northern Pacific gale. These problems may become more frequent.
European shares extended gains to set a new 22-month high on Friday, after a better-than-expected U.S. jobs data.
Some of the names on the move ahead of the open.
A Shell oil drilling rig grounded off an Alaska island since a New Years Eve storm has suffered damage from waves and flooding but has spilled none of the 155,000 gallons of fuel and other oil products aboard, officials managing the incident said on Thursday.
European shares finished mixed Thursday, while the Swiss SMI index soared over 2 percent, catching up on gains following the U.S. "fiscal cliff" deal.
An oil drilling rig owned by Royal Dutch Shell ran aground in Alaska after drifting in stormy weather, highlighting the serious risks of working in an offshore region where some in the industry see huge potential.
China National Petroleum Corp (CNPC) has emerged as the frontrunner to take over Iraq's West Qurna-1 oilfield from Exxon Mobil, a move that would diminish Western oil influence in Iraq a decade after the U.S.-led invasion.
As the end of the holiday shopping season quickly approaches, procrastinators may be scrambling for gift ideas that don't scream 'I bought this an hour ago.' We found 13 gift ideas that may save the day.
Solar technology can use heat from the sun to extract heavy crude from aging fields — an idea that is gaining ground with Big Oil companies.
Investors should be careful because the quality of corporate bonds has peaked, experts say.
Peter Voser, Royal Dutch Shell CEO, talks with CNBC's Sharon Epperson, about developing and investing in natural gas projects in the United States.
Henry Dixon, fund manager at Matterley Asset Management, tells CNBC why he would rather invest in BP than Shell.