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Shell to sign 10 billion dollars deal with Ukraine

On Wednesday, Royal Dutch Shell and Ukraine approved the plans for Shell to develop the country’s huge shale reserves under a production sharing contract.

read more... 18/01/2013

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Shell expects demand for natural gas to double by 2050

Royal Dutch Shell Plc, Europe’s biggest oil producer, has predicted that global natural gas demand will double by 2050 in comparison with 2010 levels, driven mostly by demand from Asian countries in front with Japan, China and South Korea.

read more... 06/12/2012

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Shell intends to invest 1 billion dollars annually in China gas projects

Royal Dutch Shell Plc, Europe's largest oil company, is set to invest about 1 billion dollars per year in its upstream businesses in China starting from this year, as a response to the country’s surging natural gas consumption, which is expected to rise to 230 billion cubic meters by 2015, announced on Tuesday Peter Voser, the company's chief executive officer.

read more... 21/11/2012

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Royal Dutch Shell: 15% drop in Q3 profits on lower oil prices

World No.2 oil company Royal Dutch Shell registered a 15 per cent decline in current cost of supply profits in the third quarter, dragged down by lower crude prices, a fall in output and special charges outweighed stronger margins in refining.

read more... 05/11/2012

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Shell and Exxon Mobil to develop a huge North Sea field

The two oil giants, including Shell and Exxon Mobil, have received the final approval from the Department of Energy and Climate Change (DECC) for the development of a huge project in the North Sea, involving the development of Fram oil and gas field, 136 miles east of Aberdeen, which was described as one of the most significant central North Sea developments for more than a decade and among the largest planned for UK waters.

read more... 23/10/2012

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