|Bid||2,465.00 x 216300|
|Ask||2,535.00 x 249300|
|Day's Range||2,499.00 - 2,524.00|
|52 Week Range||1,982.50 - 2,579.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SINGAPORE (Reuters) - (In January 13 story, Corrects to show that Sentek Marine & Trading’s managing director issued a note to employees as an internal memo and not a public statement. Also makes clear that Sentek Marine & Trading has not been charged and its name does not appear in court documents. A Singapore court last Saturday charged three men suspected of involvement in large-scale oil theft at Shell's biggest refinery, days after bringing charges against 11 under an extensive probe by authorities in the city state.
Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister. A spokeswoman for JP Morgan dismissed the accusation on Thursday, saying the firm "considers the allegations made in the claim to be unsubstantiated and without merit". The suit filed in British courts relates to a purchase of the offshore OPL 245 oilfield in Nigeria by oil majors Royal Dutch Shell and Eni in 2011.
The divestment is in line with Shell's (RDS.A) strategy to steer clear of debt stemming from its $50-billion acquisition of BG Group.
There is little doubt that China's voracious appetite for liquefied natural gas (LNG) is the prime mover behind the spot price for the fuel reaching its highest in more than three years, but what happens next? The current market view seems to be that China will suck up the super-chilled fuel as it continues efforts to switch to natural gas from coal as part of efforts to lower air pollution. While that's a reasonable assumption, it doesn't answer the question as to how the Asian spot LNG price (LNG-AS) will be affected by the seasonal drop in demand over the northern summer.
An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves siphoned thousands of tonnes of fuel from Shell's biggest refinery is shining a spotlight on an illegal trade worth tens of billions of dollars worldwide. Working routes in a triangle of sea anchored by Thailand, Vietnam and Singapore and encompassing the oil facilities of Malaysia, the smugglers take advantage of a difficult-to-patrol sea and enticing black market prices, experts say. The suspects in the latest case are accused of stealing oil from Royal Dutch Shell's Pulau Bukom refinery, often during business hours, and distributing it around the region.
SINGAPORE (Reuters) - Singapore authorities say they have uncovered a complex, cross-border scheme to steal large quantities of oil from Shell's biggest refinery. Their ongoing investigations into theft ...
Shell Energy Europe and British Solar Renewables (BSR) have agreed on a five-year supply deal for power generated from Britain's second-largest solar power plant in Bradenstoke, BSR said in a statement. On an annual basis, it generates approximately 65 gigawatt-hours of solar energy, saving over 21,000 tonnes of CO2 a year, BSR said. Shell Energy Europe, an energy marketing and trading division of Royal Dutch Shell, is present in 14 European power markets, which includes the offtake of renewable power from wind farms and solar parks in Britain and Europe.
Royal Dutch Shell Plc and BP Plc agreed annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s largest ...
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Apache, Encana, Williams and SM Energy
Muhammad Ali bin Muhammad Nor faces two charges of conspiring with Shell employees as part of a scheme to steal oil from Shell's Palau Bukom industrial site, court documents show.
Royal Dutch Shell (RDS.A) acquired a 43.8% stake in solar energy company Silicon Ranch, while upstream players Apache (APA) and Encana (ECA) provided updates regarding their Q4 production outlook.
The deal will help Shell (RDS.A) leverage its position as one of the top three wholesale power sellers in the United States along with boosting its New Energies division.
The world may never have produced more natural gas, but that’s little comfort for the Dutch government as it seeks to replace flows from Europe’s biggest field.
UK-based quality assurance firm Intertek said on Tuesday that one of its employees had been arrested by Singapore police in connection with an investigation into oil theft at Shell's biggest refinery. Muhammad Ali bin Muhammad Nor faces two charges of conspiring with Shell employees as part of a scheme to steal oil from Shell's Palau Bukom industrial site, court documents show.
Royal Dutch Shell is giving up on its last oil fields in Iraq, leaving the world’s second-biggest oil company with a dwindling footprint in the Middle East—a region it helped build into a petroleum powerhouse....
Airbus was prepared to shut down production of its A380 superjumbo aircraft if it does not resolve its stand-off with the Emirates airline over a $15 billion order for the world's largest passenger jet, according to the company's outgoing sales chief John Leahy. "If we can't work out a deal with Emirates, there is no choice but to shut down the programme," Leahy said. Royal Dutch Shell Plc said it would redevelop the Penguins field northeast of the Shetland Islands, together with its partner Exxon Mobil Corp, in a project expected to cost more than $1 billion, its first major new project in the ageing basin in six years.
Royal Dutch Shell plc's decision to go ahead with the redevelopment of the Penguins oil and gas field marks the end of the cautious North Sea era.
LONDON—Royal Dutch Shell PLC is giving up on its last oil fields in Iraq, leaving the world’s second-biggest oil company with a dwindling footprint in the Middle East—a region it helped build into a petroleum powerhouse. Shell said Monday it is selling for an undisclosed amount a stake in the West Qurna 1 oil field in Iraq to Japan’s Itochu Corp., the latest step in a gradual retreat from the region. The company is also expected to give up its holding in Iraq’s Majnoon oil field later this year, though it will retain its natural-gas interests in the country.
Royal Dutch Shell (RDSa.L) agreed on Monday to acquire a stake in a U.S. solar company, 12 years after exiting the sector, in the latest in a series of deals to grow beyond its core oil and gas business. Shell agreed to buy a 43.86 percent stake in Silicon Ranch Corporation from funds linked to Partners Group for up to $217 million (157.14 million pounds). Nashville, Tennessee-based Silicon Ranch develops, owns and operates solar plants across the United States with a capacity of 880 megawatts.
Royal Dutch Shell Plc is investing in a U.S. solar energy developer, continuing its recent expansion into the electricity business.
(Reuters) - Royal Dutch Shell Plc (RDSa.L) said on Monday it would acquire a 43.8 percent stake in the solar company Silicon Ranch Corp from investment manager Partners Group, as part of its new energies ...
Royal Dutch Shell Plc said on Monday it would acquire a 43.8 percent stake in the solar company Silicon Ranch Corp from investment manager Partners Group, as part of its new energies power portfolio. Shell said it has signed another agreement with the privately held company, which provides it the chance to raise its stake in Silicon Ranch after 2021.