Engen agrees share swap with Shell's Africa operator

2017-12-04 19:31

Engen and Shell's Africa operator are said to have agreed to a deal worth as much as R3.5bn to combine some of their African fuel-retail assets.

Royal Dutch Shell profit slides on lower oil prices

2016-05-04 16:02

Royal Dutch Shell announced an 89% drop in net profit for the first quarter, blamed on slumping oil prices, adding that investment would be lower than expected.

Shell to pay £55m Nigeria oil settlement

2015-01-07 08:50

Royal Dutch Shell will have to pay out £55m for two oil spills in Nigeria in 2008 after agreeing to the country's largest ever out-of-court oil spill settlement.

Shell cuts spending to lower shale exposure

2014-03-14 10:48

Royal Dutch Shell will cut spending and lay off staff at its American exploration and production business, says the company.

Shell slashes ex-CEO's pay

2014-03-13 16:02

The pay of Royal Dutch Shell's former boss Peter Voser halved to $11.24m, while the base salary of new chief executive Ben van Beurden has been trimmed.

Shell profits below recent levels

2014-01-17 10:22

Royal Dutch Shell says that its fourth-quarter profits were expected to be "significantly lower than recent levels", blaming higher exploration costs.

Shell to negotiate with Nigerians over oil spill

2013-09-09 14:46

Shell officials will begin talks in Nigeria's city of Port Harcourt with representatives for the Bodo community on compensation and cleanup five years after one of the worst oil spills in Nigeria's history.

Shell to develop deepest oil platform

2013-05-09 08:30

Royal Dutch Shell has said it will go ahead with the world's deepest offshore oil and gas production project, nearly 3.2km down in the Gulf of Mexico.

African growth lures trading houses

2013-03-28 18:08

Firms are expanding aggressively in Africa as they look to benefit from a continent achieving some of the highest economic growth rates in the world.

Shell posts a 14%drop in 2012 profits

2013-01-31 14:57

Royal Dutch Shell said its net profits sank 14% last year despite an upbeat final quarter, as the group battled headwinds including volatile oil and gas prices.


Royal Dutch Shell to axe further 2 200 jobs

2016-05-25 13:14

Energy giant Royal Dutch Shell has said it was cutting at least another 2 200 jobs owing to low oil prices and following its takeover of smaller rival BG Group.

US approval moves Shell a step closer to Arctic drilling

2015-04-01 08:24

The US department of the Interior has upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to the Arctic since it suffered accidents in the region in 2012.

Shell profits almost halve

2014-04-30 15:52

Royal Dutch Shell's net profits almost halved in the first quarter on a vast impairment charge on its refineries in Asia and Europe.

Nigerian oil theft costs billions - Shell

2014-03-13 16:21

Shell says it lost nearly $1bn through theft and various disruptions to its Nigerian operations, adding that rampant oil theft is costing the country even more.

Shell cuts American upstream spending

2014-03-13 13:30

Royal Dutch Shell will cut spending in its American exploration and production business by a fifth and could sell more of its shale assets.

Shell: New leaks close major Nigeria oil pipeline

2013-10-11 08:01

Shell Nigeria says new leaks have forced it to close the Trans-Niger Pipeline that carries 150 000 barrels of crude daily, 10 days after the pipeline was reopened.

Shell picks new chief executive

2013-07-09 12:00

Energy giant Royal Dutch Shell has appointed Ben van Beurden as chief executive to replace outgoing head Peter Voser.

Top firms scramble for oil wealth

2013-03-28 19:09

Chevron and Exxon Mobil are among 50 companies participating in a process to win licences for oil and gas work off the Lebanese coast, says the energy ministry.

Shell abandons Alaska drilling

2013-02-28 07:30

Royal Dutch Shell will not be drilling for oil in Alaska's Beaufort and Chukchi Seas this year, following a series of setbacks in the 2012 season.

Shell inches closer to $10bn deal

2013-01-16 20:03

Ukraine took a step closer to a breakthrough shale gas deal with Royal Dutch Shell following the approval of a production sharing agreement.

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