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Shell, Nigerian Agree to Reopen Oil Flow Station

Jul 02, 2019

International oil major Shell and Nigerian stakeholder communities agreed to reopen the flow station for the Oil Mining Licence 25, the regional Rivers state governor said.Shell also agreed in the memorandum of understanding to pay money owed to the communities…

Shell Sees More FLNG Opportunities

Jun 19, 2019

Royal Dutch Shell sees more opportunities for floating liquefied natural gas projects, but not necessarily like its $17 billion Prelude operation off Australia, which shipped its first cargo last week, over two years behind schedule.Shell Australia…

Dutch Court Orders Shell to Pay $2.8 mln Fine for 2014 Plant Blast

Jun 17, 2019

A Dutch court on Monday ordered Royal Dutch Shell to pay a 2.5 million euro ($2.8 million) fine for failing to prevent an explosion at its Moerdijk facility in 2014 and for breaching emissions limits at the plant.The district court in Den Bosch…

Shell Pursues Exit from Indonesia LNG Project

May 03, 2019

Royal Dutch Shell is moving to sell its stake in Indonesia's $15 billion Abadi liquefied natural gas (LNG) project, industry and banking sources said, following on from an asset disposal program that has raised more than $30 billion.Shell, the world's largest buyer and seller of LNG…

Shell Outperforms Rivals in Q1

May 02, 2019

Royal Dutch Shell reported on Thursday a small drop in first quarter profit to $5.4 billion, but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings.Shell's results outshone those of rivals Exxon Mobil…

Shell to Exit Baltic LNG Oroject

Apr 10, 2019

Royal Dutch Shell has decided to exit the Baltic liquefied natural gas (LNG) project led by Russian gas producer Gazprom in the Leningrad region, the chairman of Shell's Russian unit said on Wednesday.'Following Gazprom's announcement on March…

NextDecade, Shell Seal Rio Grande LNG Deal

Apr 03, 2019

The liquefied natural gas arm of oil giant Shell has become the first customer at U.S. company NextDecade Corp 's proposed $15 billion Rio Grande LNG export terminal at the Port of Brownsville.NextDecade signed a 20-year binding sales and purchase…

Shell Starts Exploratory Drilling off Bulgaria

Mar 26, 2019

Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas.Shell has teamed up with Spain's Repsol and Australia's Woodside Energy after sealing a contract…

Shell: Nigeria Tax Claim May Delay Offshore Field

Feb 26, 2019

Shell upstream boss Brown sees 'no merit' in tax claim. Separately, Shell to fast track Whale development in Gulf of Mexico.Royal Dutch Shell said on Tuesday that Nigeria's claims that it was owed billions in taxes could delay the development…

Environmental Concerns to Lift LNG Demand

Feb 25, 2019

China LNG demand soars amid push to reduce pollution; LNG demand to reach 384 mln tonnes in 2020 -Shell.Global liquefied natural gas (LNG) trade is set to rise 11 percent this year as China leads a global drive to reduce pollution and tackle carbon emissions…

Shell Appoints Sawan as Upstream Boss

Jan 17, 2019

Royal Dutch Shell has appointed Wael Sawan to head its oil and gas production division, replacing Andy Brown who will step down after 35 years at the Anglo-Dutch company.Sawan, 44, a Canadian citizen of Lebanese origin, currently heads Shell's deepwater operations…

Petrofac Secures Brunei Contract

Jan 11, 2019

Oilfield services provider Petrofac and its partner Serikandi Oilfield and Services Sdn Bhd, have secured a multi-annual Engineering Design Services contract to support Brunei Shell Petroleum (BSP) and Brunei LNG (BLNG) in Brunei.Petrofac and…

Shell Acquires 26% Stake in Hazira LNG

Jan 10, 2019

Royal Dutch Shell announced that it has completed the acquisition of French oil major Total SA's 26 percent stake in the company that operates 5 million tonnes per annum-Hazira LNG terminal in Gujarat, India.'Shell Gas, a subsidiary of Royal Dutch Shell plc…

OMV Buys Shell's NZ Assets

Dec 28, 2018

Royal Dutch Shell plc announced Friday it has completed the sale of its New Zealand upstream oil and gas assets, marking the supermajor's exit from the Oceania country.The $578 million sale to Austrian integrated oil and gas company OMV includes the Māui…

Shell to Go Ahead with Shearwater Gas Expansion

Dec 10, 2018

Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the ageing basin this year.The project, a joint venture with Exxon Mobil and BP, will include a modification…

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