Royal Dutch Shell

Malabu Scandal - Nigeria Allows Continued Operation of Oil Block

Vice President Yemi Osinbajo has again called for intensified global action agains corporate secrecy and hidden ownership. This comes as four senior …

Yemi Osinbajo

Putin-Trump meeting not yet planned for Asia summit: Kremlin

MOSCOW (Reuters) - Russian President Vladimir Putin's diary does not at the moment feature a bilateral meeting with U.S. President Donald Trump at an APEC summit in Vietnam next month, Kremlin spokesman Dmitry Peskov said on Monday.<p>However, Putin's timetable of bilateral meetings at the summit is …

Russia

Tanzania: Natural Gas Plant Project Hangs in Balance

Liquefied natural gas (LNG) plant.<p>Final investment decision on the onshore liquefied natural gas (LNG) export terminal in Lindi Region is subject to …

Oil

The Nest Egg Portfolio: Considering BP As A Dividend Powerhouse

BP's dividend is NOT covered by its free cash flow (but will be covered from next year on.<p>Let's talk about 'risk management' for a minute - should …

Business

Loosening offshore drilling rules is a risky proposal

Arctic oil spill could cause major damage due to lack of resources for cleanup<p>The Trump administration is proposing a bill to roll back restrictions …

Deepwater Horizon

Rio’s doomed coal deal resurfaces

INTERNATIONAL - Rio Tinto Group’s calamitous $3.7billion (R49.5bn) coal deal in Mozambique, involving a plan to barge the fuel hundreds of kilometres …

Corruption

This High-Yield Oil Giant Could Offer Retirees Sustainable Income

Integrated oil and natural gas giant <b>Royal Dutch Shell plc</b> (NYSE: RDS-B) is making impressive progress as it comes back from the worst of the oil downturn that started in mid-2014. It's not only making notable progress on the balance sheet, but it's also improving the returns it's getting on its …

Stocks

Company seeks to build island off Alaska for Arctic drilling

ANCHORAGE, Alaska — America within a few years could be extracting oil from federal waters in the Arctic Ocean, but it won’t be from a remote …

Oil

WSJ City PM: EU Leaders Signal Willingness to Advance on Talks, Will Short Volatility Trigger Next Black Monday?

Good afternoon from the WSJ City desks in London. WSJ City is the app that delivers fast, smart news on mobile for London. Download for iPhone or Android. Here's essential reading on today's developments.<p>MUST READS FROM WSJ CITY<p>European Union leaders signalled willingness to advance to the next …

Economy

South African court revokes shale gas regulations -AgriSA

CAPE TOWN, Oct 19 (Reuters) - South Africa's High Court has quashed regulations governing proposed shale gas fracking, farmers lobby AgriSA said on …

Oil

Oil falls on pressure from larger-than-expected U.S. inventories

Oil prices fell more than 1 per cent on Thursday, breaking four days of gains, pressured by larger-than-expected product inventories in the United …

Oil

Woodside narrows full-year guidance after late Wheatstone start-up

by James Thomson<p>Woodside has trimmed the upper end of its production forecast for 2017 due to the late start up of the giant Wheatsone LNG project in …

Australian News

Shell launches fast-charging stations for electric vehicles

Royal Dutch Shell has launched a fast-charging service for electric vehicles at three Shell service stations near London and in northern England, the …

Electric Vehicles

Shell opens its first UK electric vehicle charging points

Royal Dutch Shell has opened its first charging points for electric vehicles at UK filling stations in a further sign of the Anglo-Dutch group’s …

Electric Vehicles

Rio Tinto -4% as African scandal continues to bite

Rio Tinto (RIO -3.8%) plunges nearly 4% as the SEC charged that the miner and its former CEO and CFO tried to hide a multibillion-dollar business …

Business

U.S. policy on Iran won't harm its oil industry: minister

LONDON (Reuters) - U.S. President Donald Trump’s revised hardline policy towards Iran will have little impact on Tehran’s ambition to develop its vital oil industry and attract foreign investment, a senior Iranian official said on Tuesday.<p>The Islamic Republic hopes to signs 10 new deals with …

Iran

Europe's largest oil company buys Europe's largest electric vehicle charging network

<b>As electric vehicles begin to threaten market share, expect to see more such announcements in the future.</b><p>When the UK mandated that all gas stations …

Electric Vehicles

US shale to help power Shell’s multi-billion dollar chemicals drive

Royal Dutch Shell will begin construction of a new $10bn petrochemicals site in the gas-rich Marcellus shale basin in the US within the next ten weeks as part of a radical growth plan for its petrochemicals business.<p>The oil major told investors that global demand for petrochemicals - which are used …

Oil

Shell Vs. Exxon: Which One Is The Better Buy?

The energy sector is doing increasingly well, creating opportunities for investors.<p>Both companies are bound to benefit from rising prices, but one …

Stocks

Dems slam Arctic drilling plan as 'polar payout' to Big Oil

WASHINGTON (AP) — Democrats and environmental groups on Tuesday denounced a Republican plan to allow oil and gas drilling in Alaska's Arctic National Wildlife Refuge, saying it would defile a crown jewel of U.S. wilderness to promote oil exports to China and other nations.<p>Sen. Edward Markey, …

Business

Nigeria:Malabu Scandal - Italian Prosecutors File Charges Against Shell Executives

(Photo: Vanguard)Top officials at Royal Dutch Shell have been charged in Italy for their alleged roles in the $1.3 billion Malabu Oil scandal, …

Corruption

Building A Clean Energy Portfolio; The Time Is At Hand

The International Energy Agency continues to say that clean renewable energy is growing fast, faster than expected, and faster than dirty fossil …

Business

Boom in American Liquified Natural Gas Is Shaking Up the Energy World

HOUSTON — A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, taking the country a giant leap toward the goal of energy independence declared by presidents for half a century.<p>Now the upheaval of the domestic energy sector is going global. …

Oil

3 Great Stocks for Your Roth IRA

If you're lucky enough to have a Roth IRA, take advantage of the tax benefits and stuff these high yielders in it<p>One of the benefits of a Roth IRA is …

Stocks

One factor that could crash oil prices

The rapid adoption of electric vehicles could cause oil prices to fall to $10 per barrel in less than a decade, according to the CEO of Longview Economics.<p>EVs are gaining traction, and although they still only make up a small fraction of the auto market, more and more analysts are starting to buy …

Oil

Global gas producers turn to new challenge: finding buyers

• After spending hundreds of billions of dollars to transform themselves into global natural gas giants, energy companies including Royal Dutch Shell …

Stock Markets

Where's the money? oil traders ask as peak demand looms

LONDON (Reuters) - For major trading houses that ship millions of barrels of oil every day, the prospect of diminishing fuel demand and a shift to …

Oil

Royal Dutch Shell To Acquire NewMotion For EV Charging

Global energy producer and distributor Royal Dutch Shell has acquired NewMotion for an undisclosed sum.<p>NewMotion has built Europe's largest network …

Business

Oil price nears six-month high as Iraq clashes threaten supply

Clashes between Iraqi and Kurdish troops inflamed tensions in the Middle East today, pushing the oil price close to six-month highs.

Oil

BP launches IPO for new Houston business

British oil and gas giant BP said Monday that it has launched the planned initial public offering for its Houston-based pipeline spinoff, BP …

Oil