Posts filtered by tags: Royal Dutch Shell[x]


 

Shell CEO's pay more than doubles to $22.8 million in 2018

Royal Dutch Shell Chief Executive Ben van Beurden saw his pay package more than double to 20.1 million euros ($22.8 million) in 2018, mainly thanks to a bonus and an incentive plan for delivering on targets, the oil company said on Thursday.
Tags: Money, businessNews, Royal Dutch Shell, Shell, Ben van Beurden


Shell is recruiting science graduates to build blockchain use cases for oil and gas

The world’s fifth largest oil and gas producer in the world, Royal Dutch Shell, is getting further into the blockchain game, and is looking to train the next generation of blockchain industry execs. Shell is looking for “blockchain analysts” as part of its Information Technology (IT) graduate programme, according to a job listing on its graduate careers website. The job role has seemingly flown under the radar for the last four months after being posted to LinkedIn. According to the job specific...
Tags: Startups, Royal Dutch Shell, Shell, Cryptocurrency, Blockchain, Hard Fork


Shell urges Trump White House to tighten methane leak rules

Royal Dutch Shell urged U.S. President Donald Trump's administration on Tuesday to tighten restrictions on greenhouse gas emissions from oil and gas production, instead of weakening them as planned. Breaking from a decades-old tradition of avoiding criticism of U.S. government policies, Shell's U.S. Country Chair Gretchen Watkins called on the U.S. Environmental Protection Agency (EPA) to tighten rules to plug methane leaks, a potent greenhouse gas.
Tags: Science, Royal Dutch Shell, Donald Trump, Shell, Trump White House, U S Environmental Protection Agency EPA, Shell s U S Country Chair, Gretchen Watkins


World’s top sovereign wealth fund to dump oil and gas shares

STAVANGER, Norway (AP) — Norway’s $1 trillion wealth fund will begin dumping its shares in oil and gas companies, paving the way for a huge divestment in the likes of Royal Dutch Shell and Exxon Mobil. The Norwegian fund, the biggest of its kind in the world, derives its income from the country’s own oil […]
Tags: Business, News, Exxon Mobil, Nation, Royal Dutch Shell, Norway, Stavanger, Norway AP


Dutch prosecutors target Shell over Nigeria oil deal

Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over its $1.3 billion acquisition of Nigerian offshore oilfield OPL 245 in 2011.
Tags: Money, Nigeria, businessNews, Royal Dutch Shell, Shell


Future of Innovation is Highlighted By These Two Amazingly Simple Products

All too often, we ignore the most obvious and valuable ideas because of this. If you’re a Shark Tank junkie, like I am, you’ve probably noticed that some of the best ideas the sharks invest in are pretty mundane and straight-forward. Take the for example the ridiculously popular Scrub Daddy sponge. To date it has ...
Tags: Coffee, Entrepreneurship, Sustainability, Innovation, Royal Dutch Shell, Shell, Biodiesel, Scrub Daddy


Shell, PetroChina spat holds up biggest Australian coal seam gas project

Royal Dutch Shell and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia's biggest coal seam gas resource, three industry sources said.
Tags: Money, Australia, businessNews, Royal Dutch Shell, PetroChina, Shell PetroChina, Arrow Energy


Shell, PetroChina spat holds up Australia's biggest coal seam gas project

Royal Dutch Shell and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia's biggest coal seam gas resource, three industry sources said.
Tags: Money, Australia, businessNews, Royal Dutch Shell, PetroChina, Shell PetroChina, Arrow Energy


North Sea producer Verus Petroleum goes up for sale, say sources: Reuters

Private equity firm HitecVision is seeking to sell its British North Sea oil and gas production unit Verus Petroleum, which last year completed a string of large acquisitions ramping up its output, industry and banking sources said. The sale process is being run by investment bank Jefferies and could fetch $500 million, according to the sources. HitecVision and Verus Petroleum did not respond to requests for comment. A Jefferies spokeswoman declined to comment. Aberdeen-based Verus Petroleum out...
Tags: Trends, Aberdeen, Royal Dutch Shell, Bp, Jefferies, North Sea, Premier Oil, Reuters, Alba, Babbage, Cieco, Itochu, PE Deals, Equinor, Energy/Power, Verus Petroleum


Shell teams up with Repsol to explore for oil and gas off Bulgarian coast

Bulgaria has given permission to Royal Dutch Shell to transfer 20 percent of the rights to explore a block off its Black Sea coastline for gas and oil to Spain's Repsol, the government said on Wednesday.
Tags: Money, Spain, businessNews, Royal Dutch Shell, Bulgaria, Black Sea, Shell, Repsol


Shell buys German battery maker Sonnen

Anglo-Dutch oil giant Royal Dutch Shell agreed Friday to buy German rechargeable battery maker Sonnen, as the sector eyes growing demand for cleaner energy. Shell, which already invested in the German start-up in May 2018, revealed in a statement that it will buy 100 percent of Sonnen for an undisclosed amount. Sonnen, which makes lithium-ion batteries for storing wind and solar power, was founded in 2010 and has since grown rapidly to become a dominant player in Europe.
Tags: News, Royal Dutch Shell, Shell, Sonnen


Shell takes on Tesla with batteries for homes

Royal Dutch Shell is making a bet on home battery storage as it tries to boost its sustainable energy business.
Tags: News, Tesla, Stories, Royal Dutch Shell, Shell


Shell is taking on Tesla with batteries for homes

Royal Dutch Shell has purchased German home battery startup Sonnen for an undisclosed amount.
Tags: Tesla, Cnn, Royal Dutch Shell, Shell, Sonnen


Shell buys German solar battery maker sonnen

Royal Dutch Shell has agreed to buy German residential solar battery maker sonnen, as the oil and gas major expands its electricity business in its bid for a bigger role in the global transition to low-carbon energy.
Tags: Money, businessNews, Royal Dutch Shell, Shell


Ogoni widows testify at The Hague over Shell's alleged complicity in killings

Four Nigerian women bring landmark case over state executions of nine activists in a military courtFour Nigerian women at the centre of a long-running legal battle against oil giant Royal Dutch Shell saw their historic case reach the Hague on Tuesday.The company is accused of complicity in the state execution of nine Ogoni protesters and human right abuses dating back to 1993. The allegations concern the 1990s violent government crackdown in Ogoniland, in the oil-rich Niger delta region, where o...
Tags: Royal Dutch Shell, Shell, Niger, The Hague, Hague, Ogoni, Ogoniland


Climate groups threaten Shell with lawsuit

Climate activists are preparing legal action aimed at forcing Royal Dutch Shell to exit the oil business.
Tags: News, Stories, Royal Dutch Shell, Shell


Climate groups threaten lawsuit to force Shell to ditch oil

Climate activists are preparing legal action aimed at forcing Royal Dutch Shell to exit the oil business.
Tags: Cnn, Royal Dutch Shell, Shell


Shell leads cash race but Exxon catching up

Royal Dutch Shell widened its lead over Exxon Mobil as king of cash among the world's top oil and gas companies last year but its U.S. rival could catch up with its investment drive in new production.
Tags: Science, Exxon Mobil, Royal Dutch Shell, Shell, Exxon


Testing Our Assumption: Challenging Fossil Fuel Companies Helps Solve Climate Change

A growing number of communities, and lawyers, around the world are focusing their attention on global fossil fuel companies, arguing that they are legally liable for their products’ contribution to climate change and at least partially responsible for resulting climate-related costs. Other legal investigations and cases emphasize that the companies misled the public and their shareholders about the global risks of fossil fuel use, and that these actions have slowed progress on climate policies a...
Tags: Law, Germany, San Francisco, ExxonMobil, Canada, Philippines, Commission, Royal Dutch Shell, ALEC, Victoria, Map, Whistler, Oakland, Shell, Chevron, Rhode Island


In squeezed oil industry, some rethink hunt for new barrels

New partnerships are emerging in the global hunt for oil discoveries, with some explorers essentially offering an outsourcing service for the riskiest part of the energy business. Central to this new strategy are efforts to find an ally earlier in the process of discovering new fields, and on a larger scale, in order to save money as budgets remain tight after the oil price slump of 2014. While giants such as Total and Eni revamp exploration in-house, BP and Royal Dutch Shell have been more op...
Tags: Science, Royal Dutch Shell, Bp, Eni


Shell subsidiary to pay $2.2M fine for 2016 Gulf oil spill

NEW ORLEANS (AP) — A subsidiary of Royal Dutch Shell has agreed to pay a $2.2 million civil fine to the federal government to settle charges that the company violated the Clean Water Act by spilling 1,900 barrels of oil into the Gulf of Mexico in May 2016 when a subsea pipeline cracked at the […]
Tags: Business, News, Ap, Nation, Royal Dutch Shell, New Orleans, Shell, Gulf of Mexico


Oaktree-backed NorthStar names Hummel as CEO

NorthStar Midstream, a midstream services company backed by Oaktree Capital Management LP, has named Mac Hummel as CEO. Previously, he was executive vice president and president of EnLink Midstream‘s liquids business unit. PRESS RELEASE THE WOODLANDS, Texas–(BUSINESS WIRE)–NorthStar Midstream (“NorthStar” or the “Company”), a diversified midstream services company majority owned by funds managed by Oaktree Capital Management, L.P. (“Oaktree”) announced today that Mac Hummel has been named Chief ...
Tags: Florida, Mac, US, Trends, People, Williams, Royal Dutch Shell, Louisiana, Shell, Delaware, Jacksonville, Alexander, Company, Houston TX, Tim, Royal Dutch Shell Plc


Shell sticking with spending discipline as 2018 profits soar

Royal Dutch Shell said it would stick to spending discipline this year after 2018 profits jumped by more than a third to $21.4 billion, their highest since 2014.
Tags: Money, businessNews, Royal Dutch Shell, Shell


Shell's 2018 profits soar to four-year high

Royal Dutch Shell's profits jumped by more than a third in 2018 to $21.4 billion, the highest since 2014, as the oil and gas producer vowed to stick to spending discipline.
Tags: Money, businessNews, Royal Dutch Shell, Shell


Shell vows spending discipline even as 2018 profits soar

Royal Dutch Shell vowed to stick to spending discipline this year even as 2018 profits jumped by more than a third to their highest since 2014 at $21.4 billion. The Anglo-Dutch oil company also reported a sharp rise in cash generation, in a further sign that cost savings since the 2014 oil market downturn are filtering into its operations. A strong performance in the fourth quarter was driven by higher oil and gas prices, year-on-year, as well as a stronger contribution from crude oil and liqu...
Tags: Science, Royal Dutch Shell, Shell


With its Greenlots acquisition, Shell is moving from gas stations to charging stations

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots, a Los Angeles-based developer of electric vehicle charging and energy management technologies. Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused investment firm. “As our customers’ needs evolve, we will increasingly offer a range of alternative energy sources, supported b...
Tags: Energy, TC, Electric Vehicle, UK, New York, Technology, California, US, America, Los Angeles, Chief executive officer, Tech, Tesla, Ceo, Software, United States


Industry alliance sets out $1bn to tackle oceans' plastic waste

Greenpeace sceptical about corporate polluters as alliance launched to reduce wasteThe scourge of plastic waste in the world’s oceans is the target of a new global alliance of businesses which says it will try to reduce the amount of plastic waste produced and improve recycling.The Alliance to End Plastic Waste, launched on Wednesday, includes companies producing consumer goods and plastic, as well as waste management and recycling firms. Among more than 25 companies joining the effort are house...
Tags: Business, Environment, ExxonMobil, Wildlife, Marine Life, Oceans, Royal Dutch Shell, Procter & Gamble, Recycling, Greenpeace, Waste, Manufacturing sector, Plastics, Alliance to End Plastic Waste, Procter Gamble Shell BASF, ExxonMobil Continue


Shell and PGGM aim to bid for Dutch energy company Eneco: Reuters

Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco [ENECO.UL]. The 53 municipalities that currently own Eneco, estimated by analysts to be worth about 3 billion euros ($3.4 billion), in December said they will sell the company through an auction later this year.
Tags: Trends, Royal Dutch Shell, Shell, Reuters, PGGM, Eneco, PE Deals


World's largest floating LNG platform starts production in Australia

Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade.
Tags: Money, Australia, businessNews, Royal Dutch Shell


World's largest floating LNG platform starts production in Australia | Reuters

World's largest floating LNG platform starts production in Australia | Reuters:Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade.Though the project started up later and cost more than originally estimated, it is expected to further cement Australia’s lead as the world’s biggest LN...
Tags: Travel, Australia, Royal Dutch Shell, Shell, Broome, Reuters, Rupert Neil Bumfrey