Search Results for: Royal Dutch Shell
Shell stops Arctic activity after ‘disappointing’ tests
September 28th, 2015
Royal Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after “disappointing” results from a key well in the Chukchi Sea. In a surprise announcement (read below the announcement), the company said it would ...
Gazprom building global alliance with expanded Shell
June 23rd, 2015
Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters. Gazprom, the world’s top gas producer, ...
Shell Expects Oil Rebound as Shale Fails to Fill Supply Gap
June 4th, 2015
Royal Dutch Shell Plc sees oil prices rising because supply from shale drilling in the U.S. won’t be enough to satisfy growing global demand. The industry needs to find an extra 4 million barrels to 5 million barrels a ...
Shell ditches $6.5bn Qatari petrochemicals project
January 14th, 2015
Royal Dutch Shell has scrapped plans for a $6.5bn petrochemicals project with Qatar Petroleum, citing “the current economic climate prevailing in the energy industry”, the oil major said on Wednesday. The Al Karaana petchems project, an 80:20 joint venture of ...
Shell CEO says U.S. should export oil to stabilize global markets
September 3rd, 2014
U.S. policymakers should gradually lift the country’s decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc (RDSa.L) said on Tuesday. ...
Shell Submits a Plan for New Exploration of Alaskan Arctic Oil
August 29th, 2014
Royal Dutch Shell submitted a plan to the federal government on Thursday to try once again to explore for oil in the Alaskan Arctic, following years of legal and logistical setbacks as well as dogged opposition from environmentalists. Over ...
Here’s what to watch in European stocks this morning
October 30th, 2018
Trade Talk Stocks gained in Asia after Donald Trump said he’s aiming for a “great” deal on trade with China. U.S. equities had declined earlier after a report saying the White House is preparing to impose more tariffs on ...
Oil, the petrodollar, and the next emerging market crisis
June 21st, 2018
Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because ...
Europe: Oil stocks buoy European shares as US pulls out of Iran deal
May 10th, 2018
European shares were supported on Wednesday by strength in oil stocks after US President Donald Trump pulled the United States out of Iran’s nuclear agreement, boosting crude prices. While some solid earnings updates also provided support, shares in companies ...
Here are some important events coming up this week affecting investors around the world
April 23rd, 2018
Asian stocks were mixed with investors continuing to assess the outlook for trade discussions and geopolitical tensions. The dollar held last week’s advance and the 10-year Treasury yield climbed above 2.97 percent. The MSCI Asia Pacific Index of stocks ...
