Browsing: Royal Dutch Shell

This was even as Royal Dutch Shell said it will continue to defend charges against it in relation to OPL 245 in Nigeria.

Royal Dutch Shell RDSa cut its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme following the collapse in global oil demand due to the coronavirus pandemic.

Royal Dutch Shell said on Wednesday it has begun output at its Prelude Floating Liquefied Natural Gas facility in Australia, the world’s largest floating production structure.

Royal Dutch Shell’s profits soared to a four-year high in the third quarter, boosted by rising oil and gas prices as the company accelerated its giant $25 billion share buyback programme.

Femi Adesina, the President’s Special Adviser on Media and Publicity in a statement in Abuja on Monday, said Buhari gave the assurance at a meeting with chief executive officers of the companies on the sidelines of his official visit to The Hague, Netherlands.

Pope Francis, who wrote a document on protecting the environment from global warming in 2015, will address 40 participants – including leading oil and gas executives and major industry investors – on Saturday.

Pope Francis, who wrote a major document on protection of the environment from global warming in 2015, is expected to address the group during the conference.

According to a Reuters review of court filings on Monday, the nine executives, were accused by Italian prosecutors of paying bribes to secure the licence to explore a large offshore oilfield in 2011.

Shell’s net profit in 4th Quarter tripled in 2017 from $1.8 billion to $4.3 billion

The judge set March 5, 2018 as the date for the trial to begin, the sources said.

Seeded with funding from Royal Dutch Shell (Shell), All On works with partners to increase access to commercial energy products and services for underserved and unserved off-grid energy markets in Nigeria, with a special focus on the Niger Delta.

The service, which charges most electric vehicle batteries from zero to 80 per cent within half an hour, is the oil major’s first foray into fast-charging electric vehicles

Igo Weli, SPDC’s General Manager for External Relations, said the firm hoped “the strong message sent by the English court today ensures that any future claims by Nigerian communities concerning operations conducted in Nigeria will be heard in the proper local courts”

Jonathan was said to have collected the bribe along with his then Minister of Petroleum Resources, Diezani Alison-Madueke

The filings with the US District Court for the Southern District Court of New York said she planned to begin that action before the end of the year

The company said in London while reporting a 72 per cent fall in its quarterly profit that its earnings could be impacted if the situation deteriorated

Although Van Beurden did not say which countries the company might exit, it was reported that Shell was planning to sell its assets in Gabon.
Van Beurden, however, added that the company would focus its short-term growth on deepwater projects in Brazil and the Gulf of Mexico

Shell, whose shareholders last week approved its takeover of rival BG Group, said 2015 income fell 87 per cent to $1.94 billion, the lowest since 2002