|Bid||2,330.00 x 216300|
|Ask||2,370.00 x 249300|
|Day's Range||2,325.00 - 2,363.00|
|52 Week Range||1,982.50 - 2,516.32|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Traditional employers like General Electric are using artificial intelligence and other elements of the work-on-demand business model to manage traditional full-time workforces.
Energy firm Eni aims to express an interest in bidding for an Italian bioplastics business in a move that underlines a longer-term desire to hedge its exposure to oil and gas, financial sources said. Eni wants to revive its chemicals, retail and refining businesses to offset volatility in oil prices and regain favour with investors after its shares underperformed those of industry rivals in the past three years, the sources said. The state-controlled major is looking at the Italian assets of bioplastics multinational Mossi Ghisolfi, which has been put under creditor protection, two banking sources said.
With the growing inclination towards the use of cleaner and environment-friendly sources of energy, natural gas has emerged as a preferred choice of fuel worldwide.
The usual suspects — like Facebook, Bain & Co. and Boston Consulting Group — top Glassdoor’s 2018 Best Places to Work Employees’ Choice awards . Insperity Inc. (NSP) in Kingwood and Shell Oil Co. are the only locally based companies to make the large companies list, taking the Nos. Shell is also the only energy company on that top-100 list of companies with a 1,000 employees or more.
Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income from operations in the country, a report from the tax office showed on Thursday. Exxon Mobil, which has oil and gas production in the Bass Strait and a stake in the giant Gorgon LNG project among other assets in Australia, reported A$6.7 billion ($5.0 billion) in income, but it reported a loss for taxable income and paid no tax, similar to the previous two years. Exxon said it had no taxable income as it has invested nearly A$18 billion over the past few years on major projects including Gorgon and the Kipper Tuna Turrum field.
Exxon Mobil Corp and Chevron Corp paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income from operations in the country, a report from the tax office showed on Thursday. Exxon Mobil, which has oil and gas production in the Bass Strait and a stake in the giant Gorgon LNG project among other assets in Australia, reported A$6.7 billion ($5.0 billion) in income, but it reported a loss for taxable income and paid no tax, similar to the previous two years. Exxon said it had no taxable income as it has invested nearly A$18 billion over the past few years on major projects including Gorgon and the Kipper Tuna Turrum field.
ExxonMobil (XOM) has decided to combine its refining and marketing units, while Royal Dutch Shell (RDS.A) restored its full-cash dividend after more than two years.
A Dutch law firm has asked the public prosecutor in the Netherlands to file a case against Royal Dutch Shell, its CEO and former executives of over what it says were criminal actions relating to a 2011 oilfield purchase in Nigeria. The Dutch authorities are already investigating the oilfield deal, alongside Italian prosecutors, who want to take Shell and Italy's Eni to trial over alleged corruption on the same oilfield. Shell and Eni have denied any wrongdoing.
Two of Royal Dutch Shell plc's (RDS.A) Australian focused joint-ventures have recently entered into an agreement to address the energy crisis in Australia.
Kespry, the industrial drone startup, announced a fresh infusion of cash today in the form of a $33M Series C. It brings the total raised to over $61M across the the three rounds.
With New Year's right around the corner, analysts and industry observers expect the energy sector to rebound as OPEC countries agreed to extend production cuts through the end of 2018, limiting a supply glut that's plagued oil prices since they began their steep descent in 2014. With that in mind, a handful of stocks are poised to outperform, ranging from mainstream oil majors to small-cap diamonds in the rough yielding as much as 9 percent a year. Royal Dutch Shell, one of the world's largest integrated oil and natural gas companies, is a solid pick for energy investors seeking an established name with low volatility.
Currently, ~50% of Wall Street analysts rate Cenovus Energy (CVE) a “strong buy” or "buy," and ~43% rate it a "hold."
Petroliam Nasional Bhd’s South African unit, Engen, and Vivo Energy Holding BV agreed to a deal worth as much as 3.5 billion rand ($256 million) to combine some of their African fuel-retail assets, according ...
Royal Dutch Shell has moved to unleash a massive natural-gas resource buried in coal deposits in eastern Australia in a development that will see fuel flow to its majority owned liquefied natural gas venture ...
European stocks, which were recovering from early losses and set to finish the first trading day of December in positive territory, fell suddenly after ex-U.S. national security adviser Michael Flynn pleaded guilty to lying to the FBI. U.S. stocks and the dollar fell as ABC News reported that Flynn was prepared to testify that President Donald Trump directed him to make contact with the Russians. "The old chatter from the summer about President Trump being impeached has surfaced again", David Madden, an analyst at CMC Markets commented.
Oil and gas companies' rigid structures are putting them at a disadvantage to other industries, according to at McKinsey study, threatening to knock recruitment, worker retention and returns to investors. In a survey of "organisational health" - a kind of stress test for company resilience and workforce well-being - the management consultants found that oil and gas companies scored worryingly below the global median average. Unless oil and gas companies adapt, "they're going to find it increasingly hard to compete, both in performance and the war for talent," said Christopher Handscomb, a McKinsey partner.
In the week starting November 27, 2017, Royal Dutch Shell (RDS.A) (RDS.B) is at the top of the list of gainers from the integrated energy group.
Royal Dutch Shell (RDSa.L) and PetroChina have taken a big step towards a long awaited gas development in Australia, signing a 27-year deal to supply Shell's Queensland Curtis Liquefied Natural Gas (QCLNG) project. The deal would bring to market about 5 trillion cubic feet of gas held by Shell and PetroChina's Arrow Energy in the state of Queensland, Arrow said. Arrow's Surat Basin gas is among the biggest undeveloped resources in eastern Australia but the project has been stuck on the drawing board since getting state and federal approvals in 2013 due to high costs and weak gas prices.
There has been plenty of doubt in the market about the ability of U.S. shale to maintain its production growth, but new innovations are sure to do just that
European shares fell back on Thursday and marked their biggest monthly fall since June as profit taking kicked in after stellar gains this year. Financial stocks weighed on the last day of November, although Credit Suisse (CSGN.S) rose after promising improved returns and Italian banks were supported by hopes of delays in bad loan rules. The pan-European STOXX 600 (.STOXX) fell 0.3 percent on the day, and was down 2.2 percent for November, while euro zone blue chips fell 0.6 percent on the day and 2.8 percent this month.