|Bid||2,332.50 x 216300|
|Ask||2,333.00 x 249300|
|Day's Range||2,331.00 - 2,342.50|
|52 Week Range||1,929.50 - 2,516.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Curbing Methane Emission has been prioritized by investors and environmentalists lately and hence, several global energy majors are teaming up to solve this issue.
Royal Dutch Shell (RDS-A), ExxonMobil Corp. (XOM) and several other multinational energy corporations have signed on to a proposal to reduce methane emissions from natural gas production. The Guiding Principles on Reducing Methane Emissions Across the Natural Gas Value Chain is a four-page document between the companies, nongovernmental organizations and environmental groups to increase monitoring and reduction of methane from the natural gas process. Methane, a greenhouse gas , is a byproduct of fossil fuels including natural gas, oil and coal.
By Ron Bousso LONDON (Reuters) - Exxon Mobil (XOM.N) joined European peers including Royal Dutch Shell (RDSa.L) and Total (TOTF.PA) in a new initiative to find ways to reduce potent emissions in their ...
DUBAI/TOKYO/LONDON (Reuters) - Iraq has hired Japan's Toyo Engineering to help build a gas pipeline to Kuwait and a related petrochemical plant as Baghdad looks to reduce flaring and finish paying reparations owed for its 1990 invasion of its neighbour. The project, details of which have not been reported before, would allow Kuwait to diversify its gas imports in the wake a political crisis between Gulf states and major supplier Qatar. It would also deal a blow to Royal Dutch Shell, which aimed to be the dominant gas player in Iraq before relations with Baghdad soured following Shell's exit from large oil projects.
Bolivia's government on Tuesday signed natural gas development deals with Spain's Repsol (REP.MC), Brazil's Petrobras, Royal Dutch Shell (RDSa.L) and Pan American Energy that are expected to draw $1.6 billion (£1.21 billion) in investment and boost output. Repsol, Shell and Pan American Energy will participate in the Iniguazu consortium, while Petrobras will be a partner in the other two.
Some of Britain's biggest companies are considering wiping millions or even billions of pounds from their pension deficits by changing a couple of key assumptions, including when staff are expected to die. Retailer Tesco (TSCO.L) paved the way last month by slicing more than three billion pounds from the pensions deficit in its accounts, citing data showing slower rises in life expectancy as well as predictions of higher interest rates. "A lot of other companies will be asking to do something similar," said Martin Hunter, principal at investment consultants Punter Southall.
A new biofuel, which contains part coffee oil, is being added to the London bus fuel supply chain where it can be used without the need for modification, the companies said in a statement. Bio-bean and partner Argent Energy have so far produced enough coffee oil to power one bus for a year, if used as a pure-blend for the 20 percent bio component and mixed with mineral diesel to form a B20 fuel, they said. Transport for London has been turning to biofuels to curb carbon emissions, trialling a fuel made with used cooking oil from the catering industry, the transport operator said on its website.
Royal Dutch Shell plc and Bio-Bean team up to help power London buses with a biofuel made partly from waste coffee grounds.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Royal Dutch Shell Plc with the following peers – BP p.l.c., Frontera Resources Corporation, Tethys Petroleum Limited., Total SA Sponsored ADR Class B, Repsol SA and Statoil ASA (BP-GB, FRR-GB, 0ROT-GB, TOTA-DE, REP-ES and STL-NO). Royal Dutch Shell Plc’s dividend yield is 6.22 percent and ... Read more (Read more...)
One of the world's most powerful crude oil traders, Royal Dutch Shell veteran Mike Muller, is leaving the company after 29 years, according to an internal announcement seen by the Financial Times. Mr Muller ...
The world's most powerful crude oil trader, Royal Dutch Shell's (RDSa.L) head of oil trading Mike Muller, has stepped down after 29 years with the company, an internal announcement reviewed by Reuters on Friday showed. Muller, whose desk trades more oil than any rival, has relinquished his role with immediate effect and will leave at the end of the year "to pursue interests outside of Shell". Mark Quartermain, currently head of refined products trading, has been appointed Vice President Trading and Supply Crude with effect from Dec. 1.
The Norwegian sovereign wealth fund's proposal to ditch its oil and gas shares, though hugely symbolic in the battle against climate change, is unlikely to cause a rush to the exit by major investors in the sector in the short term. The move by the $1 trillion fund, the world's largest, rattled stock markets, exposing what is seen as one of the biggest threats to companies such as Royal Dutch Shell, Exxon Mobil and BP as the world shifts towards renewable energy such as wind and solar. The European oil and gas index (.SXEP) fell on Friday to its lowest since late September, extending declines following the Norwegian fund's announcement.
MELBOURNE/SINGAPORE (Reuters) - Takeover interest in Australia's Santos (STO.AX), a company that not long ago was drowning in debt, shines a spotlight on a burgeoning hotspot for oil and gas producers: Papua New Guinea. The South Pacific nation, one of the world's least explored countries but known for corruption and violence, has become a key source of growth for two of the world's biggest energy companies - ExxonMobil Corp (XOM.N) and Total SA (TOTF.PA) - looking to expand their liquefied natural gas (LNG) businesses. With oil (LCOc1) and gas (LNG-AS) prices recovering this year and LNG demand especially in China skyrocketing, investors are scouring the globe for juicy investments, and Papua New Guinea has landed on their radar.
Takeover interest in Australia's Santos, a company that not long ago was drowning in debt, shines a spotlight on a burgeoning hotspot for oil and gas producers: Papua New Guinea. The South Pacific nation, ...
The UK's top share index shrugged off weakness from oil stocks on Thursday as a handful of earnings updates were in focus, though GKN (GKN.L) plunged on uncertainty following the ditching of its CEO designate. The FTSE was up 0.2 percent at 7,386.94 points at its close, with gains in the healthcare and consumer sectors offsetting weaker commodity stocks. Oil stocks were among the top fallers on the FTSE, hit after Reuters reported that Norway's trillion-dollar wealth fund proposed to drop oil and gas companies from its benchmark index.
Norway's trillion-dollar (£758 billion) sovereign wealth fund is proposing to drop oil and gas companies from its benchmark index, which would mean cutting its investments in those companies, the deputy central bank chief supervising the fund told Reuters, sending energy stocks lower. If adopted by parliament, the fund would over time divest billions of dollars from oil and gas stocks, which now represent 6 percent - or around $37 billion - of the fund's benchmark equity index. The aim is to make the Norwegian government's wealth less vulnerable to a permanent drop in oil prices.
Eni SpA and Royal Dutch Shell Plc led shares of major energy companies lower as Norway’s $1 trillion sovereign wealth fund proposed dumping about $35 billion in oil and gas stocks.
Australian gas producer Santos Ltd (STO.AX) said on Thursday it rejected a A$9.5 billion (5.48 billion pounds) takeover approach in August, sending its shares up 13 percent on speculation another offer was likely to emerge. Santos, with stakes in three liquefied natural gas (LNG) projects in a region where gas demand is soaring, said it rebuffed the approach from private equity-backed Harbour Energy as too cheap and has not received a further proposal. It revealed the August approach after a newspaper reported that U.S.-based Harbour, led by a former executive director of Royal Dutch Shell Plc (RDSa.L), Linda Cook, was set to make a bid worth around A$11 billion.
Dutch Prime Minister Mark Rutte on Wednesday returned to parliament for the second time in a week to defend a tax cut that benefits Anglo-Dutch multinationals and British equity investors in general. Rutte's unexpected decision to scrap the 15 percent dividend withholding tax has fed into a mood of public resentment at large companies widely perceived as being taxed too lightly. Populist lawmaker Geert Wilders loudly questioned why the Dutch should approve a measure that benefits foreigners.
By Bryan Sims HOUSTON (Reuters) - A combined 75,206 barrels per day (bpd) of oil and 215,122 million cubic feet per day of natural gas production are shut-in at four platforms in the wake of a Nov. 8 fire ...
By Danilo Masoni and Helen Reid MILAN/LONDON (Reuters) - A fall in commodity stocks and sustained profit-taking sent European shares to an eight-week low and their seventh straight session of losses on ...
Nov.14 -- Big oil is getting back into shale. The goal: To leverage money, expertise and technology to unlock more shale. But are they too late? Bloomberg's Alix Steel visits Shell's shale assets in the Permian Basin.