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Shell News Update 8 July 2017

It’s a world of worry for oil companies: Houston Chronicle: 8 July 2017

Some oil companies have made moves to brace for a future in which oil plays a diminishing role. Many are increasing investments in the production of natural gas, the fuel of choice for generating electricity, and some are investing in renewables. BP, for example, operates a wind farm in West Texas. In June, Royal Dutch Shell announced it plans to acquire MP2 Energy…  Read More

Nigeria Delta Communities Demand Stake in Ex-Shell Oil Block: Bloomberg: 8 July 2017

A group of communities in Nigeria’s Niger River delta demanded a stake in an oil block it said it was promised when Royal Dutch Shell Plc sold its share to a local company six years ago. Read More

Pakistan orders Shell subsidiary to pay at least $2 million for deadly tanker explosion: Reuters: 7 July 2017

SLAMABAD, July 7 (Reuters) – Pakistan’s oil and gas regulator on Friday ordered the local subsidiary of Royal Dutch Shell to pay at least 210 million rupees ($1.99 million)in damages and compensation for tanker explosion that killed more than 200 people last month. Read More

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