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Leading oil companies ready to spend money in Gulf of Mexico bidding
European Royal Dutch Shell plc, American Chevron Corp and Exxon Mobil Corp have announced the oil industry's return to the Gulf of Mexico's deep waters with greater bids in a government auction up 76 % over a year ago.
read more... 23/03/2017
Shell to exit from Danish offshore joint venture
Royal Dutch Shell is reportedly eying the exit from the Danish Underground Consortium (DUC), an offshore oil and gas joint venture, according to three banking sources.
read more... 07/02/2017
Shell to divest its assets in North Sea for $3.8 bln
Oil major Royal Dutch Shell unveiled the sale of its North Sea oil and gas assets fields to private equity-backed Chrysaor for $3.8 billion in its first major exit from the basin in 45 years.
read more... 31/01/2017
Shell to purchase 100% of electricity from its own Dutch offshore windfarm
Shell Energy Europe Ltd, which is a subsidiary of oil and gas giant Royal Dutch Shell, has signed an offtake deal for 100% of the electricity generated by the 108-MW Egmond aan Zee offshore wind farm in Dutch waters.
read more... 16/12/2016
Centrica decided to vend Trinidad and Tobago gas assets to Shell
British utility Centrica declared on Wednesday it has settled to vend its gas assets in Trindad and Tobago for $30 million to Royal Dutch Shell.
read more... 01/12/2016