Saturday 25 October 2014
 
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Royal Dutch Shell

Shell drops big Norway gas project

Royal Dutch Shell has dropped one of Norway's biggest and most innovative industrial projects due to rising costs and complexity, dealing a blow to a technology that some hope could revolutionise offshore production. Shell yes

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Shell planning sale of North Sea assets

Royal Dutch Shell plans to put three oil and gas assets in the North Sea up for sale, as it seeks to ramp up disposals and focus on improving shareholder returns after a shock profit warning. Like its industry peers, Shell has bee

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Shell warns of significant profit miss

Royal Dutch Shell issued a "significant" profit warning on Friday, detailing across-the-board problems and the extent of the challenges facing the oil major's new boss Ben van Beurden, who took over two weeks ago. Th

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Shell to sell $15bn of assets in two years

Royal Dutch Shell could look to sell $15 billion worth of assets over the next two years including some North Sea fields, said a media report on Tuesday, expanding on its existing guidance that divestments would accelerate this year.

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Shell Australian unit stake likely to be split

Royal Dutch Shell's 23.1 per cent stake in Australian oil and gas group Woodside Petroleum is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said.

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Shell sees Iraq Majnoon output at 200,000bpd

Iraq's Majnoon oilfield, operated by Royal Dutch Shell, is expected to hit output above 200,000 barrels per day (bpd) in the third quarter of 2013 - above the level needed to start recovering costs, Shell's programme for Majnoon said.

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Shell Q1 profit rises on higher oil

Royal Dutch Shell beat forecasts with an 11 per cent rise in fourth-quarter profit, as higher oil prices outweighed the impact of lower US gas prices.       Europe's largest oil company by market capitalisati

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Shell scrambles to pay huge bill for Iran oil

Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and US financial sanctions now make it almost impossible to process payments, industry sources said.     

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Shell to halt operations in Syria

Royal Dutch Shell is to cease operations in Syria because of ongoing unrest there and in line with EU sanctions, the oil giant said, while France's Total said it was staying on. 'Shell will cease its activities in compliance with s

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Qatar, Shell ink China petrochemical JV

Qatar Petroleum International and Royal Dutch Shell have signed a framework deal with China National Petroleum Corp (CNPC) to build a joint refining and petrochemical complex in China. The agreement is a step forward for the major project

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