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Nigeria’s ex-oil minister ‘arrested in London’

…one of five people as part of an investigation into suspected bribery and money laundering. $20bn of oil money had gone missing… 2 Oct 2015 Nigeria’s former oil minister Diezani Alison-Madueke has been arrested in London, her family has said. She is believed to be one of five people the UK National Crime Agency said […]

Greenpeace hold Titanic protest over Shell’s Arctic drilling plans

Press Association: 3 August 2015 Environmental campaigners have begun a month of protests over oil giant Shell’s efforts to drill in the Arctic with a Titanic-themed orchestral performance. Greenpeace is holding protests outside Shell’s London headquarters against the company’s attempts to undertake oil drilling in the Arctic, which the campaigners warn could lead to environmental […]

Shell’s former chair calls fossil fuel divestment ‘rational’

Shell’s former chair calls fossil fuel divestment ‘rational’ By Steve Hargreaves: 4 June 2015 The former chairman of Royal Dutch Shell said selling oil stocks is a “rational” response to the failure of the oil industry to take meaningful action on climate change. He is the latest to lend support to the growing campaign for […]

Shell launches agreed £47bn bid for UK gas producer BG Group

Guardian article by Julia Finch published 7 April 2015 Shell launches agreed £47bn bid for UK gas producer BG Group BG confirmed on Wednesday that it was offering a cash and shares deal worth £13.67 a share – a 50% premium on BG’s market value on Tuesday night, when news of the deal first leaked. […]

Oil plunges to a 6-year low. Is $30 a barrel next?

CNNMoney (New York) March 16, 2015: 5:39 PM ET Extremely cheap oil is back, and it may get even cheaper. Crude plunged 4% to as low as $42.85 a barrel on Monday. That’s the lowest price since March 2009 and marks the fifth consecutive day of losses. EXTRACTS A month ago, people were talking about an […]

Esther Kiobel castigates UK and Dutch joint intervention in U.S. Supreme Court Case

Esther Kiobel of Kiobel-v-Shell fame speaking at an Amnesty International Event By John Donovan Amnesty International published an article in April 2014 revealing that the British government had intervened on the side of Royal Dutch Shell in the Kiobel-v-Shell case before the U.S. Supreme Court  and had done so after being lobbied by Shell. A related […]

Shell still No.1 on Fortune Global 500 List 2013

Rank: 1 Previous rank: 1 CEO: Peter R. Voser Employees: 87,000 Last year, Shell held the number one spot on the Fortune Global 500 list and was pushing to drill in the Arctic. This past March, the U.S. government blocked the company from drilling until it can provide a more convincing plan for exploring the […]

BP is still one big toxic mess

With a $130 billion market cap, and billions of dollars in unknown liabilities, BP is still one big toxic mess. Why BP is not a takeover target By Cyrus Sanati: November 26, 2012: 9:35 AM ET FORTUNE — It’s one of the largest companies in the world. Could it really be a takeover target? Some […]

Farmers sue oil giant Shell over Niger Delta pollution

(CNN) — Four Nigerian farmers and the environmental group Friends of the Earth took oil giant Shell to court Thursday in the Netherlands to demand a proper cleanup and compensation for pollution in the Niger Delta. The farmers want the Anglo-Dutch multinational to “clean up the oil pollution in their fields and fishponds” and make […]

Supreme Court holds U.S. rights legacy in the balance

By Vincent Warren, Special to CNN September 27, 2012 — Updated 1834 GMT (0234 HKT) (CNN) — An argument before the Supreme Court on October 1 in Kiobel v. Royal Dutch Petroleum will have enormous significance. The case concerns the torture of Ogoni leaders in Nigeria, but at stake is the future of the law under which […]

Shell settles fraud case for $150M

FROM OUR AUGUST 2004 SHELL NEWS ARCHIVE CNN: Shell settles fraud case for $150M Oil company agrees to pay SEC for overstating reserves, also settles market abuse case in Britain. August 24, 2004 NEW YORK (CNN/Money) – Royal Dutch/Shell has agreed to pay about $150 million to settle charges by U.S. and British regulators that […]

Shell Oil’s multibillion dollar Arctic hoax

Shell Oil’s multibillion dollar Arctic hoax By Travis Nichols, Special to CNN August 1, 2012 — Updated 1911 GMT (0311 HKT) Editor’s note: Travis Nichols is a polar and oceans media officer with Greenpeace USA.  He collaborated with the Yes Lab and Occupy Seattle on the website and the #shellFAIL video campaign.  He is […]

Why we should look to the Arctic

By Bob Reiss, Special to CNN July 16, 2012 — Updated 1717 GMT (0117 HKT) Editor’s note: Bob Reiss, a former reporter at the Chicago Tribune, is the author of 18 books, including the just published, “The Eskimo and the Oil Man.” He can be seen this week on CNN as part of the “Erin […]

Alaska drilling: From ‘hell no!’ to … ‘OK’

By Paul Vercammen and Thom Patterson, CNN July 17, 2012 — Updated 1456 GMT (2256 HKT) Barrow, Alaska (CNN) — Edward Itta, a powerful Eskimo leader, looks out at the icy Arctic Ocean stretched out under a fuzzy orange sun that refuses to set this time of year. “This is our garden,” said the former […]

Oil: Only part of the Arctic’s massive resources

By Steve Hargreaves @CNNMoney July 17, 2012: 5:15 AM ET NEW YORK (CNNMoney) — When Royal Dutch Shell sinks five wells off Alaska — slated for next month — it will be the first drilling in U.S. Arctic waters in decades. Yet it will be just the latest in a slow-moving but steady push to […]

Shell Oil ship slips anchor; incident raises questions about Arctic drilling plan

By Paul Vercammen and Chelsea J. Carter, CNN July 16, 2012 — Updated 0642 GMT (1442 HKT) (CNN) — One of the ships that Shell Oil plans to use to drill in the Arctic slipped its mooring and drifted close to one of Alaska’s Aleutian Islands, the latest in a string of incidents to arise […]

Greenpeace to monitor Shell Arctic drilling with submarines

By Steve Hargreaves @CNNMoney June 8, 2012: 6:47 AM ET NEW YORK (CNNMoney) — Greenpeace plans on deploying two submarines to keep tabs on Royal Dutch Shell when the oil company starts drilling in the Arctic, which could begin as soon as next month. The subs, a two-person and a one-person craft, are currently on […]

Concerns over ‘insanity’ of Shell South Africa fracking plans

Western Cape, South Africa (CNN) — South Africa has an energy deficit on its hands. Too many people want fuel for their cars and electricity for their homes, and the country is struggling to keep up with demand. To help ease this perceived crisis the big companies want to start drilling for natural gas using […]

Big Oil sees energy bonanza ahead

Oil industry executives appearing Tuesday at the World Petroleum Congress in Doha, Qatar. DOHA, Qatar (CNNMoney) — Just three years after fears of an energy supply shortage, executives of the world’s leading oil companies now foresee a bonanza of oil and natural gas on the horizon. In 2008, concern that a rapidly developing world was […]

The end of Big Oil? Not so fast.

BP’s Wytch Farm oil well in Poole, England August 5, 2011: 5:00 AM ET Splitting up energy giants may make sense while oil prices are as high as they are today, but it may not be worth the organizational headache for Big Oil to break apart. By Shelley DuBois, writer-reporter FORTUNE — Big Oil may […]

BP: ‘An accident waiting to happen’

When Tony Hayward took over BP in 2007 – after the oil giant had experienced a series of calamitous accidents – he vowed that safety would be his top priority. So how did he come to preside over one of the worst industrial disasters in history? A Fortune investigation reveals a saga of hubris, ambition, and a safety philosophy that focused too much on spilled coffee and not enough on drilling disasters.

Shell: We’ll produce more gas than oil by 2012

Interview by Shelley DuBois December 15, 2010: 3:25 PM ET FORTUNE — Slowly but surely, the energy landscape in America and around the globe is changing. Crude is still king, but oil and gas companies are increasingly folding in more and different assets. Shell (RDSA), for example, has purchased and developed tons of natural gas […] Wikipedia article December 2007 version

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Death and oil in Niger Delta’s illegal refineries

By Christian Purefoy, CNN// <![CDATA[ // // <![CDATA[ // -1) {document.write(‘August 3, 2010 — Updated 1322 GMT (2122 HKT)’);} else {document.write(‘August 3, 2010 9:22 a.m. EDT’);} // ]]>August 3, 2010 — Updated 1322 GMT (2122 HKT) STORY HIGHLIGHTS Illegal refineries distill diesel from crude oil by heating over naked flames Worker: “I cannot count the […]


Number 1: Wal-Mart Stores Number 2: Royal Dutch Shell Number 3: Exxon Mobil Number 4: BP Number 5: Toyota Motor RANKINGS FOR FIRST 100

Nigerians angry at oil pollution double standards

By Christian Purefoy, CNN// // -1) {document.write(‘June 30, 2010 — Updated 1133 GMT (1933 HKT)’);} else {document.write(‘June 30, 2010 7:33 a.m. EDT’);} // ]]>June 30, 2010 — Updated 1133 GMT (1933 HKT) Niger Delta, Nigeria (CNN) — Nigeria’s Niger Delta is one of the most oil-polluted places on the planet with more than 6,800 recorded […]

BP could be ripe for takeover

By Aaron Smith, staff writerJuly 1, 2010: 12:20 PM ET NEW YORK ( — BP’s stock price has fallen far enough for the oil company to become an attractive takeover target for its biggest rivals, according to industry analysts. BP’s (BP) stock finished at $28.88 Wednesday, a plunge of more than 50% from its […]

Essar Oil hit by a steep fall in crude-oil prices

Essar, which plans to have a refining capacity of one million barrels a day, is in talks to buy three European refineries from Royal Dutch Shell PLC. In July, Essar acquired a 50% stake in 80,000-barrel-a-day Mombasa- based Kenya Petroleum Refineries Ltd. from Shell, Chevron Corp. and BP PLC.

Shell pledges $100,000 to aid Haitians affected by the earthquake

Shell Announces Disaster Relief Support for Haiti January 15, 2010: 06:30 PM ET // HOUSTON, Jan. 15 /PRNewswire-FirstCall/ — Shell Oil Company and Motiva Enterprises, LLC are donating $100,000 to the American Red Cross to aid in disaster relief and recovery efforts in Haiti. “This is a trying time for Haiti and a chance for […]

Shell Withdraws From Sinopec, Kuwait Refinery Project

BEIJING -(Dow Jones)- Royal Dutch Shell (RDSA.LN) is no longer involved in talks on joining China Petroleum and Chemical Corp. (SNP), known as Sinopec, and Kuwait Petroleum Corp. in a major refinery project in China, opening the way to other international oil companies to join the venture.

Meet Shell’s new CEO

CNNMoney/Fortune Magazine Peter Voser, head of the world’s largest oil company, is shaking things up. By Peter Gumbel, Europe editor July 8, 2009: 8:33 AM ET (Fortune Magazine) — Royal Dutch Shell this year has toppled Exxon Mobil from the top of the list of Fortune Global 500 companies, just as the Dutch oil company […]

Why oil is on the rise again

Oil shot past $70 a barrel last week, meaning the cost per barrel has doubled since hitting a low in mid-February. And the swiftness of that move has plenty of observers wondering if we’re headed toward another period of even more dramatic price gains. Among the oil insiders worried about such a scenario is Royal Dutch Shell CEO Jeroen van der Veer, a 38-year veteran of the energy giant, who is scheduled to retire June 30…

Sakhalin Energy Halts 09 Seismic Work To Protect Whales – WWF

April 24, 2009: 11:50 AM ET LONDON -(Dow Jones)- Sakhalin Energy, which recently started a large liquefied natural gas plant in Russia’s far east, has canceled all planned 2009 seismic surveys following pressure from environmental groups and scientists seeking to protect the habitat of the Western Gray Whale, the Russian branch of the World Wildlife Fund […]

Shell To Pay $10 Bln Of Dividends; Production Not Replaced

Separately, Shell in a 20-F filing said Van Der Veer’s total pay, including salary and bonus, was $8.34 million in 2008. Brinded earned $4.14 million, Cook earned $3.87 million, the retiring Rob Routs earned $5.16 million and CFO Peter Voser earned $3.59 million.

Low Oil Price, Econ Crisis May Cut Kashagan Costs – Shell

March 10, 2009: 07:12 AM ET ALMATY, Kazakhstan -(Dow Jones)- Low oil prices and the economic crisis may cut costs of development at Kazakhstan’s largest oil field Kashagan, Royal Dutch Shell PLC’s (RDSA) general manager for the Caspian region said Tuesday. “The economic situation and low oil prices should allow us to bring the cost down,” Campbell Keir […]

Shell Halts Some Nigeria Oil Shipments After Attack

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA) Monday said a recent militant attack on a Nigeria oil pipeline had forced it to halt deliveries to many customers, in an indication of the worsening security situation in one of Shell’s most important markets.

Athabasca Oil Sands Expansion Costs Jump To $13.7 Billion

OTTAWA -(Dow Jones)- Project costs for a 100,000-barrel-a-day expansion at Royal Dutch Shell PLC’s (RDSA) Athabasca Oil Sands Project have climbed to $13.7 billion, partner Chevron Corp.(CVX) said in a filing with the SEC.

Shell CEO: Projects Profitable At Current Energy Prices

“Nearly all of our projects will be profitable at present energy prices,” Chief Executive Jeroen van der Veer told an audience at the Cambridge Energy Research Associates’ annual energy conference.

Will 100 yrs of ruthless rivalry end with ExxonMobil buying Shell?

The military tone of articles published 90 years ago in the New York Times provide insight into the depth of intense rivalry between the oil giants which sometimes descended into open warfare. The opening salvo was fired in an article published on 16 January 1928 under the dramatic headline: “N.Y. STANDARD OIL DECLARES WAR UPON DUTCH SHELL GROUP“.

Exxon: Waiting for the tiger to pounce

Is Shell in Exxon’s sights? A deal with Shell might be particularly sweet for Exxon’s ego. The two firms have been archrivals since the early days of the oil barons, with the Anglo-Dutch Shell and John D. Rockefeller’s Standard Oil, which spawned Exxon, going head to head in markets around the globe.