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Pension funds at risk as BP and Shell’s near £10bn profits slump sparks dividend payouts fears

By JON REES FOR THE MAIL ON SUNDAY: 31 January 2016 Britain’s biggest oil groups will this week report a near £10billion slump in profits as the calamitous effect of the low oil price takes its toll on the blue chip giants. Both BP and Shell are expected to see their full-year profits for 2015 slashed […]

Final approval for Shell mega-merger as BG Group shareholders vote in favour of the £36bn deal

By LAURA CHESTERS FOR THE DAILY MAIL: 29 JAN 2016 One of the largest takeovers in history finally got the go-ahead yesterday after BG Group shareholders followed those at Royal Dutch Shell in approving the £36billion deal. At a meeting in London, 99.53 per cent of BG shareholders voted in favour, a day after 83 […]

Shell gets green light for merger with BG Group to create world’s biggest liquefied gas trader

By LAURA CHESTERS FOR DAILY MAIL: 28 JAN 2016 Royal Dutch Shell’s mega-merger with gas giant BG Group looked set to be approved yesterday, creating the world’s biggest liquefied gas trader and boosting bankers’ bonuses. The £35billion deal got the go-ahead from Shell investors yesterday with 83 per cent of those voting backing the deal. […]

Oil price falls again as Shell shareholders prepare to vote on mega-merger with BG Group

The price tumbled as much as 3 per cent during trading yesterday when it emerged Iraq had produced a record high of oil and may even raise output further. The news comes as the market is already braced for more supply from Iran after sanctions were lifted.  Tankers have begun to leave Iran’s ports and […]

BG investors should approve the Shell takeover even as the oil price languishes

By Joanne Hart for The Mail on Sunday: 24 JAN 2016 It is crunch time for investors in BG Group. Last April, it unveiled a recommended £47billion takeover by Royal Dutch Shell. This week, more than nine months later, both firms are asking shareholders to approve the deal. It has been an eventful gestation period. […]

Hedge funds bet that shares in Shell and Sainsbury’s will fall further as both firms suffer disastrous starts to 2016

By City & Finance Reporter for the Daily Mail: 22 JAN 2016 Hedge funds are taking bets that shares in Royal Dutch Shell and Sainsbury’s will fall further. Shell, which is down nearly 15 per cent so far this year and is hoping to buy gas giant BG Group in a £36billion deal next month, […]

Shell reveals that profits have nearly halved but receives major backing for its deal with BG Group

By LAURA CHESTERS FOR THE DAILY MAIL: 21 JAN 2016 Royal Dutch Shell revealed quarterly profits had nearly halved yesterday but received major backing for its deal with BG Group. Shell said its fourth-quarter profit will be down by around 40 per cent to between £1.1bn and £1.3bn and its full- year earnings could drop […]

Shell dividend could be under threat over audacious takeover of gas specialist BG Group

By LAURA CHESTERS FOR THE DAILY MAIL: 16 JAN 2016 The last time Royal Dutch Shell cut its dividend was in 1945 when the Netherlands had just endured the ‘Hunger winter’ under Nazi occupation before the end of the Second World War. Now investors are worrying their treasured dividend could be under threat again. Shell […]

A £36bn deal of a lifetime: Shell boss vows to protect dividends as he defends merger with BG Group 

By ALEX BRUMMER FOR THE DAILY MAIL: 15 JAN 2016 The stone-faced Shell building overlooking the Thames at dawn is the grand dame of the London skyline predating the towers of Canary Wharf and the London Eye. It is from here, in a relatively modest, plainly decorated 24th floor office, with almost no personal touches, […]

Shell’s key shareholder advisory group gives support for BG Group bid as oil giant predicts oil price will double

By EMILY DAVIES FOR DAILY MAIL: 11 January 2016 Shell’s mega bid for rival BG Group has received crucial backing in the US as the oil giant’s boss predicts the price of oil could double. Glass Lewis, which gives guidance to US investors, has said it supports the £36billion offer that Royal Dutch Shell made […]

Shell upbeat on BG buyout even as oil price falls as shareholder advisory group Glass Lewis is said to be in favour of the deal

But some investors are concerned over the plunging oil price and late last week Standard Life Investments said it would be voting against the deal. By JON REES, FINANCIAL MAIL ON SUNDAY: 10 JAN 2016 Shell’s £36billion offer for rival BG Group has received a boost after shareholder advisory group Glass Lewis is understood to […]

Royal Dutch Shell receives backing from influential shareholder group for £36bn BG deal

By City & Finance Reporter for the Daily Mail: 8 JAN 2016 An influential shareholder group is expected to support oil giant Royal Dutch Shell’s £36billion bid for gas specialist BG Group. Shell needs more than 50 per cent of its investors and 75 per cent of BG’s to give the thumbs up for the […]

ALEX BRUMMER: Oil pressure surges at Shell as it determinedly presses ahead with its bid for BG Group

By ALEX BRUMMER FOR THE DAILY MAIL: 7 JAN 2016 The price of Brent crude oil continues its relentless slide on global markets and is now at its lowest level for 12-years, and there is no reason at all to think that it has hit rock bottom. This has serious implications for Shell as it […]

Shell’s finance chief tries to persuade investors into £36bn BG merger deal despite oil prices plunge

By LAURA CHESTERS FOR THE DAILY MAIL: 5 JAN 2016 Royal Dutch Shell’s finance boss Simon Henry has just returned from the ski slopes. The first week back after New Year is usually slow as people readjust to the office. But for Henry and chief executive Ben van Beurden there is no time to waste. […]

Shell warns that oil could hit $20 a barrel – but defends £36bn takeover of BG as a long-term deal over 15-year period

By LAURA CHESTERS FOR THE DAILY MAIL: 5 JAN 2016 The finance boss of Shell has warned the price of oil could fall to $20 a barrel within weeks but has defended its £36billion takeover of BG Group as a long-term deal. Simon Henry said Goldman Sachs’ prediction that Brent crude oil could fall to […]

ALEX BRUMMER: Shell-BG deal no longer makes economic or industrial sense and should be rejected by long term investors

ALEX BRUMMER FOR THE DAILY MAIL: 26 December 2015  Unlike the Kraft Cadbury takeover in 2010-11, which stretched over the Christmas holiday, the Shell bid for BG is unlikely to have families choking on their ‘Fruit & Nut’ bars. Indeed, many people won’t even have a clue as to what BG Group – once the exploration […]

£106m fees bonanza from Shell’s £36bn takeover of BG Group

David Cumming, head of equities at Standard Life Investments, has criticised the deal and urged Shell chief executive Ben van Beurden to pay the £500million break fee to scrap it or renegotiate terms.  By LAURA CHESTERS FOR THE DAILY MAIL: Wed 23 Dec 2015 Investment bankers and advisers will cash in on a multi-million-pound fee […]

Shell’s £40bn takeover of BG Group edges closer despite tumbling oil price and shareholder discontent

By CITY & FINANCE REPORTER FOR THE DAILY MAIL: PUBLISHED: 21:55, 21 December 2015 Tumbling oil prices and shareholder discontent have not prevented Royal Dutch Shell’s £40billion takeover of BG Group entering the final stages. The deal could complete in February after BG applied to the High Court to hold the shareholder meetings to vote on […]

Oil majors BP and Royal Dutch Shell spring a leak after Middle East oil cartel Opec fails to slash production

By PHILIP WALLER FOR THE DAILY MAIL PUBLISHED: 21:50, 4 December 2015 Oil majors sprang a leak but airlines flew higher after Middle East oil cartel Opec failed to slash production. Shares in BP fell 8.85p to 359.7p and Royal Dutch Shell surrendered 29.5p to 1599.5p as the oil-producing club opted to keep pumping near-record […]

Questor delivers a damning verdict of the proposed Shell BG merger

An Opec meeting on December 5 could send oil price even lower and sound the ‘death knell’ for the deal. ‘If oil prices remain at these deeply depressed levels, then it could bring nothing but disaster. The famous Shell dividend could be cut, investors will be diluted and the shares would become a riskier prospect,’ […]

Shell’s boss fights to keep BG deal alive as he attempts to calm jittery investors

By LAURA CHESTERS FOR DAILY MAIL: 3 November 2015 Royal Dutch Shell chief executive Ben van Beurden is the oil industry’s equivalent of a swan – below his calm demeanour he is furiously paddling to keep his planned £40billion mega-deal afloat. Shell is buying rival BG Group and, to get the deal away and for […]

Britain’s oil giants to post worst set of earnings since rout in price of crude began last year

By LAURA CHESTERS FOR THE DAILY MAIL: 25 October 2015 Britain’s oil giants will this week post their worst set of earnings since the rout in the price of crude began last year. Investors will also be looking for any update on Royal Dutch Shell’s £55bn takeover of rival BG Group amid fears Shell is overpaying. […]

Shell may post loss after taking £2.7bn Arctic exploration hit

Shell chief executive Ben van Beurden told The Mail on Sunday just two weeks ago that he was committed to the Arctic By Jon Rees For The Mail On Sunday: 4 Oct 2015 Shell is set to reveal that quitting the Arctic cost it up to $4.1billion (£2.7billion) in its third-quarter results when it unveils […]

Shell pulls plug on Arctic drilling campaign

By ETAIN LAVELLE FOR THE DAILY MAIL: PUBLISHED: 22:22, 28 September 2015 To the delight of eco-warriors worldwide, Shell pulled the plug on its Arctic drilling campaign, taking a £2.7billion hit on the controversial venture that was persistently undermined by the prolonged oil price weakness and fierce opposition from ecological activists. Although an exploratory well showed […]

Why we MUST drill for oil in the Arctic: Shell boss’s message to climate change campaigners and governments

By JON REES, FINANCIAL MAIL ON SUNDAY: 20 Sept 2015 Some green campaigners seem to believe Shell boss Ben van Beurden would be happy dunking polar bears in thick, black crude oil if it helped make the planet even hotter. But van Beurden, the 57-year-old engineer who has run Royal Dutch Shell for nearly two […]

Emma Thompson broke a legal injunction at Shell Centre

The actress broke a legal injunction aimed at stopping Greenpeace activists from crossing a line drawn around the South Bank building  She stuck a giant paw print on the offices with the names of opponents of drilling in the Arctic Shell has been given permission by the US government to drill for oil and gas […]

Charlotte Church joins the campaign trail once again as she performs a requiem in musical protest over Arctic drilling

By REBECCA DAVISON FOR MAILONLINE: 26 August 2015 Singer Charlotte Church joined a protest rally outside the Shell headquarters in London on Wednesday in protest over Arctic drilling on behalf of Greenpeace.  The 29-year-old took to the streets to lead a performance of Requiem for Arctic Ice as well as The Bitter Earth outside the building, […]

Hillary Clinton scuppers Shell’s plan to drill for oil in the Arctic

By CITY & FINANCE REPORTER FOR THE DAILY MAIL PUBLISHED: 19 August 2015 Royal Dutch Shell’s Arctic ambitions have sparked a political row in the US after presidential candidate Hillary Clinton opposed its plans. President Obama’s administration gave Shell the final green light to drill for oil and gas in the Arctic this week – which […]

BG Group Profits Crash By 65%

By LAURA CHESTERS FOR DAILY MAIL The oil price rout found new victims on both sides of the Atlantic yesterday as BG Group and Chevron revealed profits had tanked. BG, which is in the process of being sold to Royal Dutch Shell, reported a 65 per cent fall in second quarter profit to £275.5million, while […]

British energy giants set to axe costs in a bid to cope with falling gas and oil prices

BG could reveal a 75 per cent fall in profit to £200million By LAURA CHESTERS FOR THE DAILY MAIL: 26 July 2015 The falling price of oil and gas continues to take its toll on energy firms as British Gas-owner Centrica, BP and Royal Dutch Shell are set to reveal increased cost cutting to cope. The […]

Shell embarks on controversial Arctic exploration programme as part of £4.5bn quest for oil

By LAURA CHESTERS FOR THE DAILY MAIL: 3 July 2015 Shell has kicked off its controversial Arctic exploration programme as part of a £4.5billion search for oil under the region’s freezing, pristine seas. After being forced to embarrassingly abandon its plans in 2012 and pulling out after finding gas in the 1990s, Shell’s convoy of 30 […]

BP has finally settled Deepwater Horizon Case

Shares in oil giant BP climb on news it has finally settled long-running US court case over Deepwater Horizon explosion and oil spill Dudley dismissed market talk of a takeover of BP and said BP is ‘neither prey nor predator’. A clause in the settlement with the US means that if BP were sold to another […]

What’s at stake: The debate over Arctic drilling

ANCHORAGE, Alaska (AP) — Royal Dutch Shell is planning to park two massive Arctic oil drilling rigs in Seattle’s waterfront before they head north — but the petrochemical giant will first have to get around protesters in kayaks and others who want to thwart the new frontier in oil exploration and spark a national debate […]

Shareholder rebels give BG Group a shock over boss Helge Lund’s £31m pay deal

Shareholder rebels give BG Group a shock over boss Helge Lund’s £31m pay deal By LAURA CHESTERS FOR THE DAILY MAIL PUBLISHED: 00:20, 6 May 2015 | UPDATED: 00:20, 6 May 2015 BG Group faced a rebellion against boss Helge Lund’s massive pay deal after nearly one in five shareholders at the oil and gas […]

Royal Dutch Shell profits slump as oil price slide puts energy giant on back foot ahead of mega-merger with BG

Earnings dropped steeply from $7.33billion last year to $3.25billion Company hopes oil prices will rise to $90 a barrel by 2018  By MARK SHAPLAND FOR THIS IS MONEY: 30 April 2015 Oil giant Royal Dutch Shell has reported a near 60 per cent slump in first quarter profits after it was hit by the fall […]

UK government could step in to stop a BP takeover as rumours swirl off possible US interest in wake of Shell deal for BG Group

UK government could step in to stop a BP takeover as rumours swirl off possible US interest in wake of Shell deal for BG Group By LAURA CHESTERS FOR THE DAILY MAIL: 27 APRIL 2015 The British government could step in to protect oil giant BP from any potential takeover amid rumours US groups ExxonMobil […]

Royal Dutch Shell’s £47bn swoop on BG Group faces potential stumble over asset ownership

By LAURA CHESTERS FOR THE DAILY MAIL Royal Dutch Shell’s swoop on BG Group will face a series of hurdles including competition fears and questions over the ownership of some of its newly acquired assets. The £47billion acquisition of BG will make Shell the largest foreign oil company in Brazil – but there are concerns […]

Shell expected to slash jobs and spending

By LAURA CHESTERS FOR THE DAILY MAIL Royal Dutch Shell is planning a £20bn sell-off of assets to create a leaner oil giant after its £47bn swoop for rival BG Group. Shell has snapped up BG to expand its liquefied natural gas business and Brazilian deepwater wells but the deal also creates a sprawling £200bn […]

Shell sounds starting gun for more mergers in big oil

By ALEX BRUMMER FOR THE DAILY MAIL After all the fuss over the appointment and fat cat pay for Helge Lund, the new chief executive of BG, one must wonder why chairman Andrew Gould bothered. Just weeks after Lund took the reins, assets were written down by £6bn and Gould found himself in cloak and […]

Future of BP as independent company thrown into doubt by Shell’s takeover of BG

By PETER CAMPBELL FOR THE DAILY MAIL Future of BP as independent company thrown into doubt by Shell’s takeover of BG The future of BP as an independent company was thrown into doubt yesterday as analysts said BG’s takeover will prompt a wave of consolidation in the struggling sector. Firms across the industry have been […]

BG Group deal with oil giant Royal Dutch Shell sparks fury over pay

By LAURA CHESTERS FOR THE DAILY MAIL BG Group is facing a fresh investor backlash over executive pay in the wake of oil giant Royal Dutch Shell’s £47billion takeover offer. The potential £32million rewards package for BG chief Helge Lund was slammed as ‘completely over the top’ by one senior shareholder. A chorus of senior […]

£47billion deal, one of the biggest takeovers, creates £200 billion company

News of the merger led to job fears. In the UK Shell has around 6,500 staff while BG employs around 1,600. Shell is in the process of laying off 500 people at its North Sea operations where old oil fields are becoming too expensive to operate. By Laura Chesters City Correspondent For The Daily Mail Extracts […]

Shell sues to boot Greenpeace activists who climbed aboard oil rig bound for the Arctic to protest drilling

Shell sues to boot Greenpeace activists who climbed aboard oil rig bound for the Arctic to protest drilling Shell has filed a complaint in federal court in Alaska seeking an order to remove Greenpeace activists who climbed aboard an oil rig in the Pacific The environmental group said in a statement its team would occupy […]

Shell boss paid £20m for a year in which oil price slumped and group cut UK jobs

The boss of Shell has received a pay package of almost £20million for a year in which the oil price slumped and the group cut jobs in the UK. The figure is expected to spark a backlash from shareholders… The oil major (up 25p at 1961p) admitted that the sum handed to Ben van Beurden was […]

Shell’s titanic task of breaking up massive North Sea oil structures

Article by Peter Campbell On The Brent Delta Rig In The North Sea published by The Daily Mail/This is Money 2 Feb 2015 under the headline: CITY FOCUS: Shell’s titanic task of breaking up massive North Sea oil structures as life of rigs comes to an end Even though we are in British waters, the closest […]

BP Shell merger on the horizon

Potentially, a prolonged period of low oil prices might finally see BP and Shell, like two drunken sailors, holding each other up through the merger that has so long been on the horizon. AN ARTICLE BY ALEX BRUMMER FOR THE DAILY MAIL PUBLISHED 30 Jan 2015  “ALEX BRUMMER: Big oil players confront the slump by slashing capital […]

SS Pieter Schelte: The huge ship cursed with a Nazi name

By John Donovan The Observer newspaper, the Mail Online  and the Dutch Financial Times, plus a variety of other news outlets, all published articles over the weekend covering The Pieter Schelte Nazi Ship Controversy.  SOME OF THE HEADLINES Jewish outrage as ship named after SS war criminal arrives in Europe: The Observer/Guardian Named after SS […]

Outrage as it emerges world’s largest ship Pieter Schelte is named after SS Nazi war criminal

SCREENSHOTS OF ARTICLE PUBLISHED SUNDAY 25 JAN 2015 BY THE DAILY MAIL/MAIL ONLINE read more

Observer Newspaper: World’s biggest ship, the Pieter Schelte, sparks Nazi outrage on arrival in Rotterdam

FROM AN ARTICLE BY ED VULLIAMY PUBLISHED BY THEGUARDIAN.COM AND THE OBSERVER NEWSPAPER, SUNDAY 25 JAN 2015 UNDER THE HEADLINE: World’s biggest ship, the Pieter Schelte, sparks Nazi outrage on arrival in Rotterdam Extracts Leaders of Jewish communities and Holocaust memorial groups in Britain and the Netherlands have reacted with rage and despair at the […]

Shell settles Nigerian oil spills claim for $83.5 million

An AFP article published 7 Jan 2015 by Mail Online under the headline: “Shell strikes Nigerian oil spills compensation deal” Royal Dutch Shell has agreed a multi-million-dollar settlement to compensate 15,600 Nigerian fishermen over two serious oil spills in 2008 after a three-year legal battle, both parties announced Wednesday. The Anglo-Dutch energy giant’s Nigerian arm […]

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