|Bid||2,198.00 x 216300|
|Ask||2,198.50 x 249300|
|Day's Range||2,185.00 - 2,210.00|
|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|
Royal Dutch Shell (RDSa.L) is placing a big bet on petrol stations and convenience stores in China, India and Mexico as it looks to shore up profits during the electric car revolution. By 2025, the oil and gas giant plans to grow its global network of roadside stations by nearly a quarter to 55,000, targeting 40 million daily customers, Shell said in a statement on Wednesday. Shell, as well as rivals such as BP (BP.L), sees retail as a way to secure demand for the fuels it refines, as consumption could peak as early as by the end of the next decade due to the growth in electric vehicles.
Mubadala Petroleum, Petronas and Royal Dutch Shell will spend more than $1 billion to develop Malaysia's Pegaga gas field, aiming to produce gas by the third quarter of 2021, Abu Dhabi-based Mubadala said on Wednesday. The project in Block SK320, located in the Central Luconia province, offshore the East Malaysian state of Sarawak, will now proceed to the construction and installation stage, the company said in a statement. Mubadala is the operator of the block with a 55 percent share while Petronas Carigali holds a 25 percent interest and Sarawak Shell holds 20 percent.
Royal Dutch Shell said its transforming downstream business is driving a profitable growth outlook for the company and forecast organic free-cash-flow in the division in a range of between $6 billion and ...
Exxon Mobil's (XOM) diversified operations, strong balance sheet, and healthy free cash flow make the stock a must have in your portfolio.
RIO DE JANEIRO (Reuters) - Anglo-American oil giant Royal Dutch Shell (RDSa.L) is interested in new natural gas projects in Brazil, the company's chief executive for Brazil said at an event in Rio de Janeiro ...
Anglo-American oil giant Royal Dutch Shell is interested in new natural gas projects in Brazil, the company's chief executive for Brazil said at an event in Rio de Janeiro on Tuesday. Natural gas is strategic for the company," Andre Araujo said.
Swedish utility Vattenfall has won the right to build a 700 megawatt (MW) subsidy-free wind farm in the Dutch part of the North Sea, the Dutch Ministry of Economic Affairs said on Monday. The Netherlands' government is among the first to offer a so-called zero subsidy tender for wind power, in which only bids that required no government support could compete for the two 350 MW slots known as Hollandse Kust I and II. Vattenfall beat Norway's Statoil and Germany's Innogy in the tender.
Management thinks the things it has done in recent years will set it up to deliver huge returns for shareholders.
LONDON/MILAN, March 16 (Reuters) - Italian oil major Eni hiked its dividend on Friday and held out the prospect of a share buyback after promising higher growth in production and more cash. Eni was the first oil major to cut its dividend three years ago after a steep decline in the oil price forced the industry to tighten its belt.
The Netherlands-based Royal Dutch Shell PLC (NYSE: RDS-A, RDS-B), which has its U.S. arm in Houston, announced March 15 that it’s exiting New Zealand in a $578 million deal. OMV, an international integrated oil and gas company based in Vienna, will buy Shell’s interests in its upstream New Zealand entities . The Financial Times reports that Shell has been operating in New Zealand for more than a century.
Royal Dutch Shell has called it quits in New Zealand after more than a century operating in the country. The oil giant has agreed to sell its interests in New Zealand to Austrian group OMV for $578m. The ...
Amnesty International on Friday accused international oil majors Shell and Eni of negligence when addressing spills in Nigeria. Describing their actions as "serious negligence", Amnesty said the companies were "taking weeks to respond to reports of spills and publishing misleading information about the cause and severity of spills, which may result in communities not receiving compensation". A Shell spokesman said Amnesty's allegations "are false, without merit and fail to recognise the complex environment in which the company operates".
Amnesty International on Friday accused international oil majors Shell (RDSa.L) and Eni (ENI.MI) of negligence when addressing spills in Nigeria. Describing their actions as "serious negligence", Amnesty said the companies were "taking weeks to respond to reports of spills and publishing misleading information about the cause and severity of spills, which may result in communities not receiving compensation". A Shell spokesman said Amnesty's allegations "are false, without merit and fail to recognise the complex environment in which the company operates".
Royal Dutch Shell Plc and Eni SpA may have misled regulators in Nigeria by wrongly attributing oil spills to theft and sabotage in order to avoid paying compensation to affected communities, rights group ...
"Today's announcement is another step towards reshaping and simplifying our company," Shell's Integrated Gas & New Energies Director Maarten Wetselaar said. Thursday's agreement includes the sale of Māui, Pohokura and Tank Farms. After deal closure, Shell Taranaki and Shell New Zealand employees will become a part of OMV New Zealand, Shell said.
Royal Dutch Shell Plc is selling its upstream assets in New Zealand to Austria's OMV AG for $578 million, the companies said on Thursday. "Today's announcement is another step towards reshaping and simplifying our company," Shell's Integrated Gas & New Energies Director Maarten Wetselaar said. Thursday's agreement includes the sale of Māui, Pohokura and Tank Farms.
Royal Dutch Shell Plc is selling stake in its New Zealand entities to OMV AG for $578 million, the company said on Thursday. Shell has sold or agreed to sell over $25 billion of assets as part of a three-year ...
Two of the biggest LNG projects in the world are due to come online this year, and it appears that they will be drilling from the same reservoir
(Adds detail on LNG trade economics, tightening Europe-Asia spread, cargo arrivals) By Oleg Vukmanovic LONDON, March 15 (Reuters) - Falling Asian gas prices are reigniting interest in northwest Europe as a liquefied natural gas (LNG) destination following winter shortages as Russia and the United States step up deliveries. Price swings prompted Royal Dutch Shell on Thursday to divert the first shipment from the new Cove Point export plant in the United States away from Asia to Britain. More supply from Russia's newly built plant in Siberia at Yamal is likely to be absorbed by northwest Europe as arbitrage opportunities with Asia dry up amid a post-winter price slump there, trade sources said.
The U.S. trading arm of Royal Dutch Shell PLC (RDSa.L) urged regulators to stick to their ruling denying Magellan Midstream Partners permission to form a marketing affiliate, saying the move would undercut other oil shippers. The U.S. Federal Energy Regulatory Commission (FERC) in November denied a proposal by Magellan (MMP.N) to create a marketing affiliate to buy, sell and ship crude oil, on grounds it would essentially be offering pipeline space "below cost" which is against the law. The companies contend that the request raised broader issues that could jeopardise the existing structure of oil trading on pipelines.
The first tanker of liquefied natural gas to depart a new facility on the US east coast has changed course mid-Atlantic and is heading for the UK, the day after questions were raised in Westminster about ...