Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Daily Telegraph’

OPEC IN DISARRAY AS OIL PRICE TUMBLES

Major Opec nations, Russia and US shale oil drillers now appear on the brink of a price war as these three giant producing blocs fight for a greater share of global demand. (Potentially disastrous news for Big Oil – ExxonMobil, Shell, BP, Chevron and Total) The Telegraph: World on brink of oil price war as Opec […]

Royal Dutch Shell News 15 Oct 2014

By John Donovan WHISTLEBLOWER ALLEGES ROYAL DUTCH SHELL TAX EVASION IN NIGERIA  A former manager of Shell Production Development Company in Nigeria has accused Shell of massive tax evasion. He also alleges that the Nigeria Economic and Financial Crimes Commission demanded a bribe from him as part of a related cover-up plan for Shell. The […]

Oil majors BP and Shell may be ready for more mergers

Some of Shell’s big shareholders are said to be frustrated by the company’s continued spending on expensive far-flung projects that fail to yield healthy returns. Alongside its profit warning at the start of this year, Shell announced that it was halting a controversial exploration programme off the coast of Alaska because the costs had far outweighed […]

Few limits offshore, Shell says

Extract from a UPI article by Daniel J. Graeber published 21 July 2014 LONDON, July 21 (UPI) –John Hollowell, Shell’s vice president in charge of deep waters in the Americas, told The Daily Telegraph in London there were few limitations to how deep or how far offshore oil companies can drill. “How far you can […]

Saudi Arabia gas project has failed, admits Shell

Extracts from an article by Andrew Critchlow published 6 July 2014 by The Sunday Telegraph Royal Dutch Shell has admitted that its search for gas in Saudi Arabia has been a decade-long wild goose chase, dashing any hopes of gaining a prized upstream foothold in the kingdom. “We haven’t had a very successful exploration campaign,” Andrew […]

Shell sails ahead without UK shale

Extracts from an article by Andrew Critchlow published in The Sunday Telegraph on 6 July 2014 Shale gas is likely to play an increasingly important role in powering Britain’s growth but don’t expect the country’s largest oil and gas company, Royal Dutch Shell, to help create a fracking-led energy revolution. Andrew Brown, director of upstream international […]

Shell is top as global dividends breach $1 trillion

Extract from article by Harriet Dennys published by The Telegraph on 24 Feb 2014 UK companies take three places in top ten dividend payers, with Shell in pole position. Energy major Royal Dutch Shell paid the highest returns to shareholders in 2013, in a year when global dividends broke through the $1trn barrier for the […]

Firesale: Shell to sell three North Sea oil fields

Exclusive: Oil giant insists it is committed to North Sea after telling staff it expects to sell assets as part of £9bn disposal programme Royal Dutch Shell is poised to announce the sale of three of its fields in the North Sea as the company speeds up its plan to divest $15bn (£9bn) of assets. […]

Iraq and Iran plot oil revolution in challenge to Saudi Arabia

Iraq’s goal of pumping 9m barrels a day of crude could be a game changer for oil prices and British companies: British oil giants BP and Royal Dutch Shell are also poised to benefit from Iraq’s ambitious production plans. Both companies are already managing two huge oil fields in southern Iraq which are vital if Baghdad […]

Shareholder Shell distances itself from Oman bribes case

AFTER the rumpus over the exit of Royal Dutch Shell’s legal director on Wednesday, the oil giant’s media team was no doubt hoping for a quiet end to the week. Sadly, it wasn’t to be. Yesterday, Diary picked up reports in the Arab press about corruption at Shell’s Omani joint venture, Petroleum Development Oman (PDO). […]

The destabilisation of Royal Dutch Shell gathers pace

While speculation still swirls about the unexpected early exit by Peter Voser and the abrupt departure by Peter Rees, we can now add the name of Andy Brown to the mystery about the seismic developments and uncertainty that has engulfed Royal Dutch Shell Plc.  By John Donovan  Three weeks ago I published an article under the […]