Royal Dutch Shell Plc announced that it will not continue construction of its 80,000 b/d Carmon Creek thermal oil sands project in northern Alberta because of the lack of infrastructure to move Canadian crude to marke...
Shell has renewed its annual partnership with the Emirates Foundation, reported Trade Arabia. Shell will be actively supporting the foundation’s various initiatives, particularly in the areas of science, technology en...
Asian liquefied natural gas (LNG) prices for December delivery rose this week as traders and energy companies moved to fill slots awarded to Egypt recently, reported Egypt Independent. The price rose to $7.10 mmBtu, i...
Petrofac has won a multi-million dollar technical training contract with Shell Iraq, reported Trade Arabia. Petrofac Training Services (PTS) will manage and operate Shell’s Majnoon training centre in the Majnoon oil f...
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project. Andrew Brown, Shell’s Upstream International Director, said: “This new start up is...
Officials in Tehran announced on Friday that Shell would be allowed to build 100 petrol stations in Iran, reported The Guardian. Nonetheless, a Shell spokesman in London said: “We have not sought, or been granted, any...
British-based BG announced their partial acquisition of three exploration blocks off the coast of Newfoundland, CBC reported. The blocks are about 200 km east of Saint John’s, the national capital. Spain’s Repsol sold...
In a surprise move, Royal Dutch Shell is abandoning its Arctic drilling plans, reported the BBC. The company has maintained one of the largest, and most high profile, commitment to the region. It has so far invested r...
The ninth International Petroleum Technology Conference (IPTC) is scheduled to take place in Doha, Qatar from December 7 to 9 this year, announced Trade Arabia. The event will be held at the Qatar National Convention ...
There are serious obstacles still confronting Arctic drilling, stated The New York Times in a recent expose. The article mentioned multiple issues, not the least of which are persistently low oil prices. While the Arc...