Shell | Egypt Oil & Gas - Part 39
Nigerian Youths Close Down OML 29 in Nembe
Nigerian youths shut down crude oil production at two flow stations of the OML 29 (oil mining licence) oil block near Nembe in Bayelsa state at around 10 a.m. (0900 GMT) on Friday. The protesters, who oppose the sale ...
European Oil Companies to Develop Strategy on Climate Change
Europe’s largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they’ll be ignored as the world works toward a historic deal limiting greenhouse gases. Royal...
Shell Gets Approval to Drill in Arctic Ocean
The Obama administration gave conditional approval on Monday to allow Shell Gulf of Mexico Inc. to start drilling for oil and gas in the Arctic Ocean this summer. The approval is a major victory for Shell and the rest...
Shell Declares Force Majeure on Nigeria’s Forcados Crude Exports
Shell has declared force majeure on exports of Nigeria’s Forcados crude oil stream, a spokesman for the company said on Wednesday. It declared force majeure on the evening on May 5 following “a series of l...
Oil Majors Shell and Total Cut Costs by Integrating Refinery Units
Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into the...
Petroleum Ministry: BG’s Egypt Projects Not Affected by Shell Buyout
In an exclusive with Youm7; informed sources at the Ministry of Petroleum and Mineral Resources said that Royal Dutch Shell’s purchase of the BG Group will have no impact whatsoever on BG’s projects and investments. T...
Shell and Exxon Beat Earnings Expectations Amid Low-Price Environment
The low oil prices that have been dogging the energy industry led to dramatically lower quarterly earnings for Royal Dutch Shell and Exxon Mobil, but the two giant companies did better than analysts had expected. Rela... Shell and Total Streamline, Regroup to Overcome Oil Prices
Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into the...
