Latest news
Shell abandons innovative Norwegian Subsea gas project
Royal Dutch Shell has abandoned one of Norway's major and most modern industrial projects because of increasing costs and intricacy, facing a blow to equipment expected to develop offshore production.
read more... 14/04/2014
Myanmar Oil gas blocks to be explored by Shell, Statoil, Total and others
The most important international oil companies, such as Statoil, Conoco Phillips, Royal Dutch Shell and Total, have been awarded with the rights to perform explorations for oil and gas off Myanmar, as stated by the Ministry of Energy in the Southeast Asian country.
read more... 27/03/2014
Shell vends Australian assets to Swiss Vitol for $2.9 billion
Oil major company Shell has vended Australian Geelong oil refinery, located south of Melbourne, and 870 filling stations to Swiss top global oil trader Vitol for $2.9 billion.
read more... 24/02/2014
US authorises limited crude oil exports to Europe
The U.S. government has approved some new licenses to export crude oil to Europe for the first time after the country banned crude exports following the oil shocks of the 1970s. In December last year, Exxon Mobil Corp. joined Royal Dutch Shell and ConocoPhillips in publicly urging a repeal of the 1970s era federal law that strictly limits exports of domestic oil.
read more... 05/02/2014
The Royal Dutch Shell group is passing through a difficult period
ROYAL Dutch Shell chief executive Peter Voser, has declared yesterday that it will take longer than expected for Europe to obtain benefits from its shale gas projects. He explicated that Shell’s shale gas projects are not as successful as formerly though.
read more... 16/10/2013