Royal Dutch Shell | Egypt Oil & Gas - Part 7
Shell-BG Merger Likely to Get Clearances
Shell’s gigantic takeover of BG worth £55b, planned before the end of 2015, is likely to secure clearances from the remaining Chinese and Australian regulators, Forbes reported. The merger will create UK’...
Oil Companies Call for PSAs, Contract Incentives in Iraq
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, reported Bl...
BG Acquisition Still Good Sense, Despite Low Oil Price, says Shell
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, reports Reuters. Shell told jour...
Shell Looks to Leave Ukraine Amid Continued Violence
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 f...
US Companies With Low Cost Oil Set to Become Main Focus
“When something on this scale happens, every board asks: ‘What do we do?’ And they call in their M&A advisers and ask them the same question.” According to one senior oil executive, Royal Dutch Shell’s £55bn offer...
Shell and Total Delay West Africa Projects Due to Oil Prices
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. Shell has p...
Shell Cancels Australia LNG Project
Royal Dutch Shell has abandoned its plans for what would have been a fourth coal seam gas-LNG project at Gladstone in Queensland. Shell Chief Executive Officer Ben van Beurden said during a presentation of its fourth-...
Shell Slashes Spending for 2015-2017
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,” the...
