Shell faces Dutch lawsuit over notorious Nigerian oil deal
Industry
Royal Dutch Shell is facing prosecution in the Netherlands over a licence in Nigeria, intensifying its legal troubles from a
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Shell buys German battery pioneer
Storage
Royal Dutch Shell has agreed to acquire a 100-per-cent stake in Sonnen, a German domestic energy storage provider, for an
Oil pioneer hails Shell North Sea deal
Industry
The chief executive of Cluff Natural Resources (CLNR) has said the company’s farming-out agreement with Royal Dutch Shell will transform
EDF and Shell join forces for New Jersey wind project
Environment
France’s EDF (Électricité de France) Renewables and Royal Shell Dutch New Energies have formed a joint venture called Atlantic Shores
Shell plans return to UK offshore wind
Production
Royal Dutch Shell says it is considering bidding for rights to develop offshore wind farms in UK waters as the
EIB poised to reject Iran finance deal
Industry
The European Investment Bank (EIB) has rejected an EU proposal to do business in Iran to help offset US sanctions
China displaces Europe’s firms in Iran
Policy
As European companies retreat from Iran amid the threat of US sanctions, Chinese and Russian investment appears to be rising.
Total and Shell sign Oman gas deals
Production
Oman, the biggest West-Asian oil producer outside Opec (Organisation of the Petroleum Exporting Countries), signed two separate agreements with France’s
Statoil eyes further carbon cuts
Environment
Norway’s Statoil said it aims to further cut its carbon footprint as measures to reduce global warming could cut the
Shell targets 100% electric cars by 2040
Consumption
Royal Dutch Shell has estimated that 100 per cent of new car sales in the US, EU and China could
Shell foresees hydrogen future
Environment
Planes and vehicles powered by hydrogen will be a crucial part of efforts to cut carbon emissions to safe levels,
Statoil uses robots to axe staff
Policy
Norway’s state-run oil major Statoil is cutting staff in its finance department as part of a push towards automation, according
Albania sells off oilfields
Industry
Albania’s state-owned oil and gas company Albpetrol says it is inviting interest for concession agreements for three oilfields in the
BP profits double in year
Industry
Annual profits at BP have more than doubled in the last 12 months, reaching €4.9 billion in 2017 on the
Norway starts oil ‘revolution’
Industry
Scandinavian asset management is dominated by Norway’s imposing US$1-trillion sovereign wealth fund, which last week declared its intention to ditch