Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘LNG’

Some Thoughts On Royal Dutch Shell’s Dividend In 2016

Casey Hoerth, Casey’s Finance Journal (Blog) : Nov. 25, 2015  Summary Shell expects substantial cost savings and capex cuts in 2016. Dividend sustainability in 2016 will depend on Brent crude prices. At this time, I prefer companies that can actually acquire with oil at these prices. Back in April, I wrote that Royal Dutch Shell’s (NYSE:RDS.A) dividend, […]

Shell wins backing of Qataris for BG takeover

One of the biggest shareholders in Royal Dutch Shell has thrown its weight behind the oil group’s £43 billion takeover of BG Group, despite mounting concerns about the impact of plunging oil prices on the commercial logic that underpins the deal. The Qatar Investment Authority, the sovereign wealth fund that holds a stake of up […]

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,’ […]

China wants LNG supply concessions in return for BG merger approval, sources say

Beijing holding a “wonderful piece of leverage” by Veselin Valchev: Friday, 20 Nov 2015 Royal Dutch Shell Plc (LON:RDSA) might have to shell out in order to get regulatory approval from Chinese authorities for its proposed takeover of fellow UK energy giant BG Group. According to unnamed sources cited by Reuters, the Chinese ministry of commerce […]

In Shell-BG review, China wants concessions on huge gas deals

LONDON/BEIJING | BY RON BOUSSO, DMITRY ZHDANNIKOV AND CHEN AIZHU: Deals | Thu Nov 19, 2015 Chinese regulators vetting Royal Dutch Shell’s (RDSa.L) proposed merger with BG Group (BG.L) are pressing the Anglo-Dutch company to sweeten long-term gas supply contracts in a move that could cast new doubt over the near-term benefits of the $70 billion […]

Shell’s BG Deal Cleared by Australian Competition Regulator

By James Paton: November 18, 2015: Agreement on track to be completed in early 2016, Shell says Shell’s plan had faced concerns over gas supply in Australia Royal Dutch Shell Plc’s $70 billion deal to buy BG Group Plc was cleared by Australia’s competition watchdog despite concerns it could reduce natural-gas supply to local customers and […]

Australia watchdog clears Shell’s $70 billion bid for BG Group

MELBOURNE | BY SONALI PAUL: Business News | Thu Nov 19, 2015  Royal Dutch Shell (RDSa.L) cleared a major hurdle to its $70 billion (46 billion pounds) takeover of BG Group (BG.L) on Thursday, winning a green light from Australia’s competition watchdog, which said the deal would not change the dynamics of the domestic market. The […]

ACCC clears Shell’s $98b takeover of BG Group

To the relief of Shell, the Australian Competition and Consumer Commission waved through the mega-merger on Thursday… Angela Macdonald-Smith: Energy Reporter East coast gas buyers left disappointed by the competition regulator’s unconditional approval for Royal Dutch Shell’s $US70 billion ($98 billion) takeover of BG Group have turned their attention to the Foreign Investment Review Board as […]

Shell plans to retain four senior BG executives after merger – memo

Business News | London Mon Nov 16, 2015 Royal Dutch Shell plans to retain four members of BG Group’s executive team after the companies’ planned merger next year, according to an internal memo seen by Reuters on Monday. The memo indicates that the planned $70 billion takeover of BG by Shell remains on track. Shell […]

Shell Plans to Retain Four Senior BG Executives After Merger

By Javier Blas: November 16, 2015 BG COO Sami Iskander to join Shell as head of joint ventures Shell to retain head of BG trading business Steve Hill Royal Dutch Shell Plc plans to retain four senior executives from BG Group Plc after the merger between the two oil and gas groups completes next year, according […]

Fresh doubts over Shell and BG merger as Qatar sells £1bn stake

The Qatar Investment Authority has sold 43m shares in BG Group and a further 24m shares in Shell By Ben Marlow 7:45PM GMT 14 Nov 2015 The Qatar Investment Authority has offloaded shares in Shell and BG worth nearly £1bn in recent weeks, raising fresh questions over whether the oil­giants’ proposed mega-merger has the support of […]

Shell share price: Australia boss sees no competition issues with BG tie-up

by Veselin Valchev: Thursday, 12 Nov 2015 Andrew Smith, chairman of Royal Dutch Shell Plc’s (LON:RDSA) Australian unit said he sees no local competition issues with the oil major’s bid to acquire fellow British energy giant BG Group, in contrast with reservations expressed by the Aussie competition regulator last month. The Australian Competition and Consumer Commission […]

Shell Australia chairman Andrew Smith says LNG needed to develop Arrow gas

By Energy Reporter: Angela Macdonald-Smith: 12 Nov 2015 Shell Australia chairman Andrew Smith has insisted there are no issues of competition raised in eastern Australia with the oil giant’s planned $US70 billion ($98 billion) takeover of BG Group and that letting the deal proceed is the best way of ensuring the company’s undeveloped gas resources in […]

Pickard quits Shell

Peter Klinger: November 11, 2015 Ann Pickard, once dubbed the “bravest woman in oil and gas” before she transformed Royal Dutch Shell’s century old presence in Australia, has quit the Anglo-Dutch giant. However, the decision to retire from Shell will not spell the end of her exposure to oil and gas, and LNG in particular which […]

Shell shareholders should think carefully about BG takeover

By Ian McVeigh: 12:36PM GMT 07 Nov 2015 Investors watching the takeover boom and wondering whether it is the start or the end of a period of high investment returns may want to have a look at Shell’s proposed takeover of BG. Megadeals often tell us that the buyer is far more challenged than we know […]

Shell update on BG takeover stokes fears for North Sea jobs

The update fuelled fears about the implications for the North Sea, where Shell and BG have around 2,800 staff and contractors working in total. Both have big operations centres in Aberdeen. The company has shed 7,500 posts globally this year in response to the crude price plunge. It has cut 500 North Sea jobs since […]

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 […]

Angela Macdonald-Smith: November 4, 2015 Royal Dutch Shell remains unequivocally bullish on prospects for liquefied natural gas despite the current market glut, pointing to several options for new supply projects after its planned $US70 billion ($97 billion) takeover of BG Group and plenty of new markets opening up around the world. “The fundamentals of this market look […]

Shell Steams Ahead With BG Takeover With Promise of More Savings

Rakteem Katakey: November 3, 2015: Raises estimates of savings after combination to $3.5 billion Gas business becomes stand-alone unit under Maarten Wetselaar Royal Dutch Shell Plc said its record takeover of BG Group Plc will still deliver value to investors even in a prolonged oil-industry downturn and reshaped its business in preparation for the […]

Shell predicts $1bn more cost savings from BG takeover

The collapse in oil prices over the past year has raised concerns among some investors that Shell may have overpaid for BG and the group has been seeking to turn round this shareholder scepticism. FULL FT ARTICLE

Shell Says Purchase of BG Group Would Allow Further Cost-Cutting

By STANLEY REED: NOV. 3, 2015 LONDON — Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group, the British oil and gas producer, would lead to major cost-cutting opportunities as well as sales of oil and gas properties. As it prepares to complete the deal, expected early next year, Shell also said […]

Shell’s £43bn gamble of a deal for BG is sliding out of reach

The big question facing Mr van Beurden, is whether he can pull off such an ambitious move. If not, his time at the helm will be shortlived. By Ben Marlow: 31 Oct 2015 Ben van Beurden must be sick of answering the same question but unless there is an unlikely sudden surge in the oil price […]

LNG moves from blessing to curse for BG/Shell

By Andy Critchlow October 30, 2015 The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Liquefied natural gas is taking the shine off Shell’s $70 billion takeover of BG Group. When the Anglo-Dutch major launched its deal in April, LNG was one of the main ways it justified the deal to […]

Shell boss confident of ‘good’ ruling from ACCC on BG takeover

Angela Macdonald-Smith: 30 October 2015 Royal Dutch Shell’s global chief executive Ben van Beurden says there is “massive support” from Australian federal and state governments for the oil giant’s $US70 billion ($98.6 billion) takeover of BG Group and is confident the national competition regulator will wave the deal through. Mr van Beurden said even though the decision from the Australian Competition and […]

Shell keeps Prelude under wraps

The Anglo-Dutch giant has never disclosed Prelude’s capital cost or start-up date Peter Klinger: October 13, 2015 Just a year out from market expectations of first gas, Royal Dutch Shell is giving nothing away about the pace of progress at its revolutionary Prelude floating LNG operation. Shell has sent out its regular update of the mega-project, […]

Shell-BG Deal Could Face Regulatory Sanctions, But Shell Will Do Everything It Can To Save Deal

Trefis Team, CONTRIBUTOR: 2 Oct 2015 Ever since announcing the $70 billion deal to acquire BG Group back in April, Royal Dutch Shell Plc. has been busy these last few months obtaining the required merger related approvals from various regulatory authorities. After obtaining the required clearances in Brazil, the U.S., and Europe, the process hit a […]

Here’s How Royal Dutch Shell plc And BP plc Will Be Impacted By A Weak Chinese Economy

Bidness Etc discusses how European oil majors are impacted by the slowdown in the Chinese economy By: Micheal Kaufman: Sep 25, 2015 The slowing Chinese economy has impacted the overall world economy and various other sectors. According to a Moody’s Investor service report EMEA (Europe, Middle East, and Africa)’s mining sector is totally exposed to the […]

Shell bets big on India with its second LNG terminal

Shell expects LNG demand to rise by 5% every year over the next couple of decades while global gas demand is growing at 2% By: Siddhartha P Saikia | Singapore | September 25, 2015 5:39 AM Royal Dutch Shell, which set up a 5 million tonne LNG terminal at Hazira in Gujarat nearly a decade back, […]

Market Skeptics Miss Out on $5.5 Billion From Biggest 2015 Deal

By Inyoung Hwang: BLOOMBERG.COM 22 Sept 2015 A fresh drop in in oil prices and political instability in Brazil is making investors miss out on about $5.5 billion in Royal Dutch Shell Plc’s pending takeover of BG Group Plc. BG closed on Monday at 990.4 pence, about 9.5 percent below Shell’s cash-and-stock offer. The difference in share […]

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 […]

Shell’s dividend gusher can survive a prolonged siege

If the oil price stays low, Shell’s van Beurden may have to eat his words Photo: AFP Sunday Telegraph: Jeremy Warner: 20 Sep 2015 Ben van Beurden, chief executive of Royal Dutch Shell, is on a charm offensive to convince investors – and the press – that both the dividend is safe and the pending £45bn takeover of […]

Shell Handed A Get-Out-Jail Card As Its $70 Billion Bid For BG Hits An Obstacle

Tim Treadgold, CONTRIBUTOR Shareholders in Royal Dutch Shell ngIf: ticker will be uncertain whether they should thank, or criticize, the Australian Government’s competition regulator for threatening the proposed $70 billion merger with rival oil and gas producer, BG Group ngIf: ticker . On one hand, a deal which could transform Shell is being threatened. On […]

Australia throws spanner in the works for Shell’s takeover of BG Group

by Sarah Spickernell Royal Dutch Shell’s takeover of rival BG Group has been postponed, after Australian regulators voiced concerns about the potential impact on domestic gas supplies.   In a statement today, Rod Sims, chairman of the Australian Competition and Consumer Commission (ACCC), claimed the deal was not in the best interests of Australian consumers, as […]

Australia delays decision on Shell bid for BG on gas supply concerns

Commodities | Thu Sep 17, 2015  * Regulator raises domestic gas supply, price concerns * ACCC to issue final decision on Nov. 12 * Shell says still expects to complete deal in Q1 2016  By Sonali Paul MELBOURNE, Sept 17 (Reuters) – Australia’s competition watchdog flagged concerns on Thursday that Royal Dutch Shell’s proposed $70 […]

Shell-BG Deal Poses Competition Concerns, Regulator Says

By James Paton Sept 17, 2015: BLOOMBERG.COM Royal Dutch Shell Plc’s $70 billion deal to buy BG Group Plc could reduce the supply of natural gas to local customers in Australia and boost prices, according to the nation’s competition regulator, which delayed a decision on the agreement until November. The transaction may decrease the incentive for Shell’s […]

Russia’s Gazprom, Shell start talks on Baltic LNG project – Interfax

Moscow| Mon Sep 7, 2015 Russia’s Gazprom (GAZP.MM) and Royal Dutch Shell (RDSa.L) have started commercial talks on Baltic LNG project, Interfax news agency quoted Gazprom Chief Executive Alexei Miller as saying on Monday. The Russian gas producer plans to build a liquefied natural gas plant in the Baltic Sea port of Ust-Luga with an […]

Australia Defers Decision on Shell’s Takeover of BG

Australia and China are the two regulatory hurdles yet to be cleared after Europe’s highest antitrust regulator approved the deal unconditionally on Wednesday By ROBB STEWART: Sept. 2, 2015 MELBOURNE, Australia–Australia’s antitrust regulator has given itself more time to consider Royal Dutch Shell PLC’s planned takeover of U.K.-based oil-and-gas firm BG Group PLC. FULL ARTICLE

ACCC defers decision on Royal Dutch Shell’s $US70b BG Group takeover

BG’s Queensland Curtis LNG plant would be owned by Shell if the merger is approved. Photo: Bechtel Royal Dutch Shell Group will have to wait a bit longer for Australian regulatory clearance of its proposed $US70 billion ($99.4 billion) takeover of BG Group after the national competition authority delayed its decision on the deal. The decision, […]

Exclusive : BG puts Thai gas field stake worth $1.2 billion on sale – sources

HONG KONG/LONDON | BY DENNY THOMAS AND RON BOUSSO: TUESDAY Sept 1, 2015 BG Group plc, which is being acquired by Royal Dutch Shell plc, has put up for sale its 22.2 percent stake valued at around $1.2 billion in Thailand’s huge Bongkot offshore gas field, people familiar with the matter said. The move represents […]

Impact of Global Sell-Off on Shell-BG Group Deal

By: MICHEAL KAUFMAN: Aug 25, 2015 Royal Dutch Shell plc. (ADR) (NYSE:RDS.A) earlier this year finalized its $70 billion merger deal with BG Group plc. (ADR) (NYSE:BRGYY). The cash-and-stock deal valued BG at $20 per share. Shell, based on BG’s stock price on April 7, agreed on paying a 50% premium. However, as yesterday’s sell-off and […]

Royal Dutch Shell in framework LNG deal with private Chinese firm

18 August 2015 BEIJING: Royal Dutch Shell has entered a framework deal with a Chinese energy firm to jointly purchase and distribute liquefied natural gas, Shell said on Tuesday, a rare cooperation between a global energy company and a local private player. Shell signed the non-binding framework agreement with Guanghui Energy Co Ltd, which is […]

Shell aims to invest billions in Brazil

Friday, 7 August 2015 Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group, even as it prepares to sell huge chunks of its business to pay for the $70bn (£45.11bn) deal. Despite a broad drive to cut spending in the face of […]

Shell eyes new Brazilian assets ahead of BG deal

Commodities | Fri Aug 7, 2015  * Shell earmarks up to $5 bln for further acquisitions * Oil majors to focus on Brazil‘s oil, LNG after BG deal * Shell to sell $30 bln in assets by 2018 By Ron Bousso LONDON, Aug 7 (Reuters) – Royal Dutch Shell is considering investing billions in Brazil, […]

August Off To A Shaky Start For Oil Markets

By Evan Kelly: Tue, 04 August 2015 August started off on a dour note for crude oil, with prices tanking by around 5 percent on August 3. A slew of negative news from around the world weighed on prices. The Greek stock market plummeted on the first day of trading after being closed for five weeks. […]

Shell to Strengthen Russian Hand Through Gazprom Asset Swap

by Rakteem Katakey: August 3, 2015: BLOOMBERG.COM Royal Dutch Shell Plc will swap a stake in one of its international energy assets for part of Gazprom PJSC’s Sakhalin-3 project as Europe’s biggest oil company extends ties with Russia. The companies are discussing which asset would be offered to Gazprom, Shell Chief Executive Officer Ben Van Beurden […]

Shell toughens local project hurdles

Matt Chambers: Resources Reporter: Melbourne: 31 July 2015 Oil major Shell has laid down tougher hurdles for its Australian projects including Browse LNG off Western Australia and Arrow coal-seam gas in Queensland. It has cut the oil price at which new projects need to go ahead and flagged a major LNG project ­pipeline overhaul if its planned […]

Shareholders should demand that Shell’s activities in the Arctic be stopped

By a Regular Contributor Hopefully, Shell will soon accept that in the US Arctic their position is now untenable… If RDS wants to cut capex (and exposure), FLNG is a good place to start, as Simon Henry suggested yesterday. The Arctic should be next.  The Arctic is rapidly acquiring a similar profile to the Brent […]

Royal Dutch Shell signals Browse FLNG go-ahead far from certain for 2016

By Angela Macdonald-Smith: Jul 30 2015 Royal Dutch Shell has signalled that a final go-ahead next year for the Browse floating liquefied natural gas project in Western Australia is far from a certainty given the cost challenges of the venture in the depressed oil price environment. Chief financial officer Simon Henry listed Browse among several large international […]

Shell-BG merger approved by Brazil


Shell’s Positioning For Better Russia And Iran Relations Is Part Of Its Global Gas Strategy

Zoltan Ban: 23 July 2015 Summary Shell has been showing long-term interest in moving more towards natural gas for a while, with natural gas production surpassing its oil production in 2013. Aside from its major acquisition of BG group, it is forming an alliance with Gazprom and is looking to be among the first in […]