Tag: Royal Dutch Shell

Friday, June 26th 2020 - 08:19 UTC
District of Columbia files lawsuit against oil majors for “misleading” consumers con climate change

The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil, BP, Chevron and Royal Dutch Shell for “systematically and intentionally misleading” consumers about the role their products play in causing climate change, the latest action by a US attorney general against the oil and gas industry.
Wednesday, October 3rd 2018 - 08:17 UTC
Canada's largest private sector project: US$ 32bn LNG export terminal

A major US$ 31.9bn liquefied natural gas (LNG) project in Canada has received the go-ahead from its partners. The project is a joint venture between Royal Dutch Shell, Malaysia's Petronas, PetroChina, Korea Gas Corporation, and Japan's Mitsubishi Corporation. It is the single largest private sector investment project in Canada's history.
Wednesday, April 25th 2018 - 08:59 UTC
Brazilian company buys Shell downstream assets in Argentina

Brazil’s Raizen Combustiveis SA agreed to buy downstream assets in Argentina from Royal Dutch Shell for US$ 950 million, according to a securities filing on Tuesday. Raízen Combustiveis, a joint venture between Brazil´s Cosan SA Indústria e Comércio and Shell, will have a 20% market share in fuel distribution in Argentina.
Tuesday, October 31st 2017 - 08:30 UTC
Brazil: the return of deepwater oil

By Nick Cunningham of Oilprice.com - On a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in the country after a major policy overhaul allowed private investment.
Wednesday, April 12th 2017 - 10:18 UTC
YPF interested in Shell's refinery and network of gasoline stations

Argentina's state-run oil company YPF is among the bidders for Royal Dutch Shell Plc's refinery and network of gasoline stations in Argentina. Other nationally owned oil companies are interested in the assets but YPF is seen as having an edge because of its strong position in Argentina, the reliable industry sources said.
Sunday, February 26th 2017 - 11:21 UTC
YPF and Shell reach deal to develop oil and gas assets in Vaca Muerta shale field

Argentina's state-run oil company YPF said it reached a preliminary deal with Royal Dutch Shell Plc to develop oil and gas assets in the Vaca Muerta shale field, involving a US$300 million investment from Shell.
Saturday, August 8th 2015 - 10:28 UTC
Shell planning to invest billions in Brazil, despite recent purchase of BG group

Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group, even as it prepares to sell huge chunks of its business to pay for the $70bn deal.
Wednesday, February 11th 2015 - 15:31 UTC
Arctic oil on life support

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored.
Thursday, May 2nd 2013 - 06:18 UTC
Petrobras continues divestment program: sells blocks in US Gulf of Mexico

Brazil’s Petrobras is selling its 20% stake in the Gila prospect in the US Gulf of Mexico as part of its ongoing divestment program. The state-owned company said it had signed a sale and purchase agreement for the sale of its equity in exploration blocks KC 49, 50, 92, 93, 94 and 138, which make up the BP-operated asset.
Thursday, February 28th 2013 - 01:27 UTC
Shell suspends offshore drilling program in the Arctic for the rest of 2013

Royal Dutch Shell has said that it will suspend its offshore drilling program in the Arctic for the rest of 2013 in order to give time to ensure safety. The decision to pause drilling for oil in the Chukchi and Beaufort Seas off Alaska was widely expected, following a catalogue of problems last year.