|Bid||2,300.00 x 216300|
|Ask||2,337.00 x 249300|
|Day's Range||2,307.00 - 2,322.50|
|52 Week Range||1,922.50 - 2,322.50|
|PE Ratio (TTM)||-7,535.83|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
BAGHDAD (Reuters) - Iraq may offer Chevron (CVX.N) and Total (TOTF.PA) terms to develop the Majnoon oilfield different from those it had given to Royal Dutch Shell (RDSa.L), Iraqi Oil Minister Jabar al-Luaibi ...
Iraqi oil minister Jabar al-Luaibi said he had sought clarifications from Russia's biggest oil company Rosneft (ROSN.MM) about contracts it signed with the semi-autonomous Kurdistan region. Rosneft "assured that the contracts are preliminary and not ready for implementation," the minister told reporters in Baghdad, giving no further details. Rosneft agreed on Thursday to take control of Iraqi Kurdistan's main oil pipeline, boosting its investment in the autonomous region to $3.5 billion.
South Africa's mineral resources minister said on Thursday the government remains committed to shale gas exploration despite a court order revoking fracking regulations that pushes back plans to award the first exploration licenses by 2019. Farmers lobby AgriSA had said earlier that the High Court had issued an order quashing regulations governing proposed shale gas fracking in the Eastern Cape, one of the main areas where proposed shale gas exploration could take place.
South Africa remains committed to shale gas exploration and was studying a court order revoking fracking regulations as it pushes to award the first exploration licenses by 2019, the mineral resources ...
LONDON (AP) — Shell opened its first electric vehicle recharging points at three gas stations in Britain on Wednesday, part of the oil giant's efforts to respond to a global push toward zero-emission vehicles.
Vivo Energy Investments, a major Shell licensee in Africa, is eyeing an initial public offering over the coming months that could value the petrol company at more than $3 billion.
BP (BP.L) is targeting smaller and wider-ranging investments in renewable energy to avoid large losses in the sector like those it suffered earlier in the decade, Chief Executive Bob Dudley said on Wednesday. BP and peers including Royal Dutch Shell (RDSa.L) and Total (TOTF.PA) have recognised the need to reduce carbon emissions in the fight against global warming, but their investment in renewables remains tiny compared to oil and gas. "We're making smarter, in many cases, smaller bets, and making more of them across a wider range of technologies and business models," Dudley said in a speech at the Oil & Money conference.
The service, which charges most electric vehicle batteries from zero to 80 percent within half an hour, is the oil major's first foray into fast-charging electric vehicles, whose use is set to grow with consumers' demand for cleaner cars. Shell will expand the service further in Britain and into the Netherlands and the Philippines, the company said. The launch comes a week after Shell announced the acquisition of NewMotion, one of Europe's largest electric- vehicle charging networks.
Royal Dutch Shell has opened its first charging points for electric vehicles at UK filling stations in a further sign of the Anglo-Dutch group's diversification beyond fossil fuels. Drivers will be able ...
Royal Dutch Shell Plc opened its first rapid charging point for electric cars at gasoline stations in the U.K., the latest sign that oil majors are waking up to the disruption plug-in vehicles could have ...
One telecom and three energy stocks are my highest-yield investments. You might be surprised to learn why I own them.
For major trading houses that ship millions of barrels of oil every day, the prospect of diminishing fuel demand and a shift to renewable power poses a brain-racking challenge with few obvious solutions. "It is a very fair question - what the hell are we going to do?" said Ian Taylor, chief executive of the world's top oil trader Vitol, which trades seven percent of the world's oil. Vitol, as well as rivals including Glencore (GLEN.L) and Gunvor, sees many growth opportunities in the bread-and-butter business of oil trading as economies in Asia, Latin America and Africa grow producing demand for oil.
After spending hundreds of billions of dollars to transform themselves into global natural-gas giants, big energy companies face a new challenge: generating more demand as supplies threaten to balloon ...
Western firms have piled into Iran since world powers agreed to lift sanctions. Now, as Donald Trump deals a blow to that deal, executives must decide whether to stay course.
Nearly 2,000 Zambians can sue Vedanta Resources (VED.L) in the English courts over alleged pollution of their village after an appeal court on Friday threw out the miner's attempt to block their legal action. The judgment by London's Court of Appeal could pave the way for other London-listed multinationals to be held liable in the English courts for the actions of their subsidiaries abroad. Vedanta said in a statement it would seek the right to appeal to the Supreme Court, the highest in the English legal system.
With this deal, Shell (RDS.A) wants to cash in on the wide acceptance of the electric cars and thereby increase its customer base and revenues.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Morgan Stanley, Aetna, Johnson Controls International and LyondellBasell Industries
Royal Dutch Shell announced Thursday that it bought New Motion, an electric vehicle charging company, as oil companies prepare for a future without crude.
Royal Dutch Shell (RDSa.L) has agreed to buy Dutch-based NewMotion, the owner of one of Europe's largest electric vehicle charging networks, marking the company's first deal in electric mobility as demand for cleaner vehicles is expected to soar. Shell said NewMotion, which manages over 30,000 charging points for electric vehicles in Western Europe and offers access to thousands more, will operate in parallel to Shell's programme of rolling out fast charging points at its forecourts.