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Royal Dutch Shell News

11 Jan 2018

New York City sues oil companies over climate change

The city alleges the fossil fuel industry was aware for decades that burning fuel was impacting climate change.

Royal Dutch Shell

31 Aug 2017

Royal Dutch Shell eyes 1,500 petrol pumps in 10 years in India

Royal Dutch Shell on Thursday said it plans to scale up number of petrol pumps in the country to 1,500 in next 10 years as the company looks to expand in world's third largest oil consuming nation.nn

Royal Dutch Shell

25 Jul 2017

Shell, SoftBank among potential suitors for $5 bn renewable energy firm Equis

Royal Dutch Shell and SoftBank are among several global groups considering bidding for Equis Energy, Asia`s largest independent renewable energy producer valued at up to $5 billion, sources familiar with the matter said.

Royal Dutch Shell

07 Jun 2016

Shell says could exit 10 countries

London: Energy giant Royal Dutch Shell on Tuesday said it could exit up to 10 countries under a previously announced plan to sell oil and gas assets over two years.

Royal Dutch Shell

08 Jan 2016

Shell's BG bid dealt blow with first shareholder dissent

Royal Dutch Shell`s bid to acquire BG Group was dealt a blow on Friday.

Business News 2015

17 Dec 2015

Major International biz events

Here are the major International biz events of 2015

Royal Dutch Shell

03 Dec 2015

Shell wins Australian clearance for BG takeover

The European Commission and Brazil`s competition authority have already cleared the way for the tie-up.

Royal Dutch Shell

28 Sep 2015

Shell halts controversial oil exploration in Alaska

Royal Dutch Shell began drilling there in July, two months after US President Barack Obama approved Arctic drilling, despite opposition from environmentalists.

European Commission

02 Sep 2015

European Commission approves Shell's purchase of BG Group

The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.

29 Aug 2015

Barack Obama defends Shell Arctic drilling decision

Two days before heading to Alaska to raise climate change awareness, US President Barack Obama on Saturday defended his controversial decision to allow Shell to drill in the Arctic`s Chukchi Sea.

18 Aug 2015

US gives Shell final nod to drill for oil in Arctic

The Obama administration granted Royal Dutch Shell final clearance on Monday to resume drilling for oil and gas in the environmentally fragile Arctic Ocean for the first time since 2012, a move green groups vowed to fight.

Royal Dutch Shell

30 Jul 2015

Shell to cut jobs to cope with long period of cheap oil

Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.

Royal Dutch Shell

30 Jul 2015

Shell Q2 net profit drops 37%, to cut 6,500 jobs this year

Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.

The Carlyle Group

22 Jun 2015

Carlyle Group to invest $500 mn in Magna Energy

US-based private equity firm Carlyle Group Monday said it will invest USD 500 million in Magna Energy Ltd, an India-focused oil firm founded by Mike Watts, the man who saw oil in Rajasthan's Thar desert where global giant Royal Dutch Shell saw none.

28 Apr 2015

Shell to raise Hazira LNG plant capacity by 50% in 2016/17

Hazira LNG Ltd will expand the capacity of its liquefied natural gas (LNG) terminal on the west coast by 50 percent to 7.5 million tonnes per annum (mtpa) in the fiscal year to March 2017, a government panel report said.

Royal Dutch Shell

09 Apr 2015

Shell-BG deal could face bumpy ride from partner rights

Royal Dutch Shell Plc`s agreed $70 billion takeover of rival BG Group could trigger pre-emption rights in key oil and gas fields that would erode the potential benefits of the deal for the Anglo-Dutch oil giant.

Royal Dutch Shell

08 Apr 2015

Royal Dutch Shell acquires BG Group for $70 bn

In the biggest oil and gas deal in a decade, Royal Dutch Shell on Wednesday announced acquisition of smaller British rival BG Group Plc for about USD 70 billion to create the world's largest independent producer of LNG.

Royal Dutch Shell

08 Apr 2015

Royal Dutch Shell buys BG Group for £47 billion

Royal Dutch Shell on Wednesday announced a mega takeover of British rival BG Group worth £47 billion ($95 billion, 64 billion euros).

01 Mar 2015

Bells toll for Europe's largest gas field

Dutch church bells that for centuries have tolled to warn of floods across the low-lying countryside are sounding the alarm for a new threat: earthquakes linked to Europe`s largest natural gas field.

oil price slide

23 Feb 2015

Oil prices extend slide

Oil prices slid Monday, extending last week`s sharp decline as the dollar strengthens on eurozone strains and record supplies in the United States add further downward pressure.

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