Global oil and gas investments are expected to fall to $522b in 2016, the lowest in six years, and oil companies plan to cut spending, sell assets, shed jobs, delay or resize projects, renegotiate supply contracts, u ...
Shell's gigantic takeover of BG worth $83b (£55b), planned before the end 2015, is likely to secure clearances from the remaining Chinese and Australian regulators.
International oil companies could boost production in Iraq beyond current targets if production contracts were changed to give more incentives for investment, according to BP Plc and Royal Dutch Shell Plc.
Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group still makes financial sense, despite low oil prices, which analysts say are likely to continue for some time.
Royal Dutch Shell has been considering ending its partnership with a Ukrainian energy company in a shale gas exploration venture in eastern Ukraine because of the fighting in the region and prospect of little profit ...
Royal Dutch Shell and France’s Total have delayed multibillion-dollar offshore oil projects in west Africa as part of efforts to rein in costs and shore up cash flow following the collapse in crude prices.
Royal Dutch Shell PLC has curtailed more than $15 billion in potential spending over the next 3 years, but is not “not overreacting to current low oil prices,” and is keeping its “best opportunities on the table,” th ...
Shell Refining Co. (FOM) Bhd. (SRC), a holding of Royal Dutch Shell PLC, is evaluating either the potential divestiture or closure of its 125,000-b/d Port Dickson, Malaysia, refinery.