Royal Dutch Shell

Top Oil-and-Gas Lobbyist Exits

WASHINGTON—The top lobbyist for the U.S. oil-and-gas industry is stepping down after 10 years on the job.<p>Jack Gerard, the president and CEO of the American Petroleum Institute, sent an email to his staff on Wednesday morning saying that he decided not to seek another five-year contract with the …

U.S. Politics

Can Big Oil Be Sued for Causing Global Warming?

<i>This article first appeared on the Hoover Institution site.</i><p>New York City and a number of California municipalities, including San Francisco and …

Climate

Chief of top US oil industry group to step down

After a decade at the helm of the leading US oil and gas industry group, American Petroleum Institute president Jack Gerard will step down when his …

Oil

NYC Mayor Announces Cause of 'Tragedy Wrought' by Hurricane Sandy and Now He's Suing...Oil Companies?

New York's mayor apparently believes he can sue hurricanes out of existence.<p>What is normally to be considered an “act of God” is now an actionable …

Conservative View

Norway awards record 75 oil exploration licenses, led by Statoil's 31

Norway awards a record 75 offshore oil exploration licenses - the most ever awarded in a licensing round on the Norwegian continental shelf - to …

Business

BP: asymptotic

BP and British Rail have much in common. The state-owned railway company was “getting there”, according to its slogan — just too slowly to please …

Oil

Should I buy more Shell shares for the 5.7% dividend

I have 100 shares in Royal Dutch Shell and have recently been given the opportunity to buy more.<p>What should I do?<p>And what is the difference between …

Stocks

UPDATE 1-UK Stocks-Factors to watch on Jan 16

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

Markets

News Highlights: Top Company News of the Day

BP to Book $1.7 Billion Charge for Deepwater Horizon Claims<p>BP said it would take a $1.7 billion charge in its fourth-quarter earnings because of settlement claims related to the 2010 disaster in the Gulf of Mexico.<p>Warburg Pincus Leads $621 Million Fundraising Round in China's Ziroom<p>Sequoia Capital, …

Tom Enders

After Carillion how many firms can the pensions lifeboat rescue?

The Pension Protection Fund can absorb the firm’s liabilities but the spotlight is now on others with big pension deficits<p>The pensions lifeboat that comes to the rescue when firms go bust is about to get a lot more crowded following the collapse of Carillion.<p>The sprawling construction and …

BAE Systems

News Highlights: Top Energy News of the Day

BP to Book $1.7 Billion Charge for Deepwater Horizon Claims<p>BP's fourth-quarter profits are under threat from multibillion-dollar charges related to the company's fatal blowout in the Gulf of Mexico eight years ago and changes to the U.S. corporate tax rate.<p>Shell Bids a Long Goodbye to Middle …

Oil

Another Day of Reckoning for Big Oil’s Role in Climate Change

Mayor Bill de Blasio’s recent declaration of war on Big Oil for its contribution to climate change inspired, as is often the case with this mayor, some skepticism that he was once again seizing a big issue to propel himself into the national spotlight. Some also suggested that if he truly cared …

Climate

Euromoney’s RISI unit raided by EU antitrust authorities

European Commission regulators have raided publisher Euromoney’s newly-acquired specialist unit covering the paper industry as part of an …

Antitrust Laws

WSJ City: The Dollar's Decline Has a Flipside, Airbus Takes Aim At Trump's Trade Stance

Good morning from the WSJ City desks in London. WSJ City is the app that delivers concise, smart news on business and finance for mobile. Download for iPhone or Android. Here's essential reading on today's developments.<p>MUST READS FROM WSJ CITY<p>It isn’t a happy new year for dollar bulls. The US …

Business

Total boosts Brazil production with transfer of sub-salt fields

Total (TOT -0.9%) boosts its Brazil oil production following the conclusion of a $1.95B deal with Petrobras (PBR +1.9%) that distinguishes the French …

Business

US tax cuts give unfair windfall for CEO bonuses

For politicians, cutting taxes is like cutting cake: the knife slides easily downward. Sharing out the sweet stuff is more complex. US tax reforms …

Oil & Gas Industry

Bredesen’s solar company lands $217M investment from global energy giant

Silicon Ranch, the Nashville-based solar company launched by former Gov. Phil Bredesen and other members of his administration, has landed a major …

Nashville

What's News: Business & Finance -- WSJ

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (January 16, 2018).<p>Banks working on Spotify's unusual public share listing stand to collect a fraction of the fees underwriters typically …

Tencent Holdings

Shell OKs first UK North Sea project in six years

LONDON (Reuters) - Royal Dutch Shell (RDSa.L) gave the green light on Monday for an expansion of the Penguins oil and gas field in the UK North Sea, its first major new project in the ageing basin in six years.<p>Shell said the development, which includes the construction of a floating production, …

Oil

Shell invests in solar, but still plowing money into oil

Shell Oil Co. plans to plow around $200 million into a Tennessee solar company, the latest deal that finds a major oil company investing in renewable …

Oil

Singapore files more charges against Shell oil theft suspects

Author: REUTERSMon, 2018-01-15 12:42ID: 1516011774400117300SINGAPORE: A Singapore court on Monday filed additional charges against nine men accused …

Singapore

Shell agrees to sell its stake in Iraq’s West Qurna 1 oilfield to Japan's Itochu

DUBAI (Reuters) - Royal Dutch Shell has agreed to sell its stake in Iraq’s West Qurna 1 oilfield to Japan’s Itochu, a Shell spokesman said on Monday.<p>“Itochu and Shell have reached agreement on the sale of Shell’s interest in the West Qurna 1 oilfield and are now working to secure all the necessary …

Oil

FTSE edges down, rivals rise after Carillion's collapse

© Reuters. FILE PHOTO - People walk past the London Stock Exchange Group offices in the City of London, Britain<p>By Julien Ponthus<p>LONDON (Reuters) - UK …

Markets

Shell makes first North Sea oil and gas commitment in decades

Jan. 15 (UPI) -- As the industry focuses on decommissioning, Shell said Monday it made a final investment decision on the first manned installation …

Oil

Shell buys into U.S. solar business

Royal Dutch Shell has agreed to acquire a 44% stake in Nashville-based solar energy company Silicon Ranch.<p>Why it matters: This is part of Shell’s …

Business

Carillion collapse weighs heavily on UK and European equities

Ireland’s benchmark Iseq index bucked the trend to close marginally ahead<p>16 minutes ago<p>On the first day of a new trading week US markets were closed …

Markets

Shell to invest in North Sea for the first time in six years

Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years to increase its UK oil production by a third.<p>The oil major gave the go-ahead to expansion plans for the Penguins oil field in the Northern North Sea, which will use a floating storage and …

Oil

L.A. lawmakers look to sue big oil companies over climate change — and the costs that stem from it

Two members of the Los Angeles City Council called Friday for legal action against an array of petroleum companies, saying fossil fuel emissions have contributed to natural disasters and “abnormally intense weather patterns” that are proving costly for taxpayers.<p>The push for financial reimbursement …

Climate

LA Leaders Want To Sue Oil Companies For Climate Change

Four Los Angeles City Council members said Friday they want to join other cities in suing companies like ExxonMobil for global warming.<p>LOS ANGELES, …

Climate

New York City's suit against oil companies sparks mixed reaction - Xinhua

NEW YORK, Jan. 13 (Xinhua) -- With New York City filing a lawsuit against some oil companies for allegedly contributing to global warming, some …

News (China)