Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘LNG’

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 […]

Here’s Why Royal Dutch Shell plc Was Downgraded By S&P

According to S&P, the softness in crude oil prices and significant capital expenditures, despite recent spending cuts, have weakened Shell’s financial risk profile, which is reflected in the ratings downgrade. By: MICHEAL KAUFMAN: Jul 22, 2015  Standard & Poor’s (S&P) has downgraded the credit rating of European oil major Royal Dutch Shell plc (ADR) (NYSE:RDS.A) […]

Investors Are Underestimating Royal Dutch Shell Plc’s Deal To Buy BG Group plc

By Rupert Hargreaves – Monday, 20 July, 2015 Large-cap FTSE 100 blue chips like Royal Dutch Shell (LSE: RDSB) are considered to be relatively safe investments. Unfortunately, Shell has been trying to go against this belief over the past year. During the past 12 months Shell has taken on three high-risk projects, all of which could cripple the company if […]

Royal Dutch Shell expects to save “billions” through BG Group deal

Royal Dutch Shell has told investors that the massive £55bn takeover of BG Group will produce “billions” in savings. Projected savings from cost reductions verifiable under takeover rules, such as merging headquarters, come to about £1bn, but the company has said that savings are actually likely to be a “multiple” of this, because of “value […]

Shell expects oil price recovery to take several years

Ron Bousso, Karolin Schaps and Dmitry Zhdannikov, Reuters LONDON (Reuters) – Royal Dutch Shell expects oil prices to recover gradually over the next five years, with progress slowed by persistent global oversupply and receding Chinese demand growth. The Anglo-Dutch energy giant is betting on crude rising to $90 a barrel by 2020, a key assumption […]

BG-Shell takes first step towards Brazilian blessing

The £47bn blockbuster deal has been officially filed with competition regulators in Brazil, a key hurdle and strategic area for Shell’s interest By Ashley Armstrong: 6:38PM BST 23 Jun 2015 Shell’s £47bn plan to become the world’s biggest gas producer has moved a step closer to reality after the oil giant officially filed its takeover of […]

Warning on Shell megadeal

JOHN DAGGE: HERALD SUN: MELBOURNE: JUNE 24, 2015 ONE of Australia’s biggest plastic makers has added its voice to concerns about Shell’s planned takeover of BG Group, saying further consolidation in the gas industry will likely harm manufacturers.  Melbourne-based Qenos has also attacked Victoria’s ban on onshore oil and gas drilling, saying the restriction put at risk a […]

Are European Companies Ignoring E.U. Sanctions On Russia?

Are European Companies Ignoring E.U. Sanctions On Russia? Kenneth Rapoza: 22 June 2015 …some very powerful entities in the E.U. have had it with sanctions. For example, Gazprom, Shell, E.ON and Austria’s OMV Group signed a memorandum last Thursday… It’s been nearly a year since sectoral sanctions were slapped on Russia for its involvement in helping […]

Gazprom set to build global strategic alliance with Shell

A Gazprom logo is displayed above its headquarters in Moscow. Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets. The deal with Shell is a coup for Gazprom at a time when many Western companies are […]

Exclusive – Gazprom building global alliance with expanded Shell

  Exclusive – Gazprom building global alliance with expanded Shell The deal with Shell is a coup for Gazprom at a time when many Western companies are reducing their exposure to Russia because of Western sanctions over Moscow’s actions in Ukraine. Gazprom, which is under U.S. but not EU sanctions… Fri Jun 19, 2015 Gazprom […]

Gazprom, Shell agree to expand Sakhalin-2 project

Gazprom, Shell agree to expand Sakhalin-2 project Thu Jun 18, 2015 (Reuters) – Russian gas producer Gazprom and Royal Dutch Shell have signed an agreement to expand the Sakhalin-2 LNG project, Gazprom said in a statement on Thursday. The Sakhalin-2 project, Russia’s sole LNG plant, has a current annual capacity of around 10 million tonnes. […]

Shell-led Canadian LNG deal gets environmental approvals

Shell-led Canadian LNG deal gets environmental approvals Thursday Jun 18, 2015 By Julie Gordon (Reuters) – Canada’s environment ministry said on Wednesday it approved a Royal Dutch Shell Plc-led liquefied natural gas export terminal on British Columbia’s coast, contingent on the project meeting 50 environmental, social and operational conditions. In her decision, federal Environment Minister […]

Shell, Japan firms may get stake in Gazprom’s Baltic LNG: Report

Shell, Japan firms may get stake in Gazprom’s Baltic LNG: Report By Reuters | 17 Jun, 2015 MOSCOW:Russian gas company Gazprom may offer up to 49 percent in its Baltic LNG project to a strategic partner and the most likely candidates are Royal Dutch Shell or a consortium of Japanese firms, Russia’s Kommersant newspaper said […]

Shell-led B.C. LNG project nears environmental approval

BRENT JANG: KITIMAT, B.C. — The Globe and Mail: Published Tuesday, Jun. 16, 2015: Last updated Wednesday, Jun. 17, 2015 Shell and BG Group PLC announced plans in April to merge, sparking speculation that the combined entity will focus on Kitimat while placing BG’s Prince Rupert LNG project on the back burner. A liquefied natural gas consortium led by Royal […]

Shell-BG deal gets U.S. antitrust OK

Article by Jordan Blum published June 16, 2015 by The Houston Chronicle Shell-BG deal gets U.S. antitrust OK Federal Trade Commission decides to waive antitrust waiting period; other nations plan to examine deal Photo: Christophe Morin /GT Royal Dutch Shell said Tuesday that its planned $70 billion acquisition of British gas giant BG Group has cleared its […]

Nigerian auditors find NNPC failed to remit $11.6 bil in LNG export revenue

Nigerian auditors find NNPC failed to remit $11.6 bil in LNG export revenue NNPC holds 49% equity in NLNG on behalf of the Nigerian government, with partners Shell (25.6%), Total (15%) and ENI (10.4%.) 11 June 2015 State-owned Nigerian National Petroleum Corporation has not remitted $11.6 billion in dividends and loan and interest repayments earned […]