Shell News

EI appoints Malcolm Brinded as president elect

Jun 29, 2016

The Energy Institute (EI) has appointed former executive director for Shell Upstream International, and current chairman for the Shell Foundation Malcolm Brinded CBE FREng FEI as president-elect, in addition to the announcement of several other EI appointments…

Shell gives up Arctic acreage

Jun 08, 2016

Supermajor Shell has donated nearly 9000sq km of its Arctic exploration permits to the Nature Conservancy of Canada to support a national marine conservation area off the coast of Nunavut. Image from Nature Conservancy of Canada…

Shell to double deepwater production

Jun 07, 2016

Shell’s deepwater production could double, to some 900,000 boe/d in 2020, compared with 450,000 boe/d in 2015, the super major said this morning. Setting out its capital spending plans up to 2020, which are to be capped at US$25-30 billion a year…

Source of Shell leak identified

May 13, 2016

The source of a leak that spilled 2100 bbl (88,200 gallons) of crude oil into the US Gulf of Mexico around Shell's Glider field has been identified, the US Bureau of Safety and Environmental Enforcement announced on 13 May. On-site investigators…

Shell, USCG end oil skimming ops at Glider

May 17, 2016

Supermajor Shell and the US Coast Guard (USCG) concluded skimming operations in their joint response to the discharge of 2100 bbl (88,200 gallons) of crude oil at the Glider field in the Gulf of Mexico, the pair said late on 16 May. The joint response mobilized more than 150 people…

475 Shell UK and Ireland jobs to go

May 26, 2016

Oil major Shell has said it is to cut around 475 jobs from its UK and Ireland business by the end of this year as it further reduces its cost base.  The firm has already announced more than 10,000 jobs cuts globally, including some 2800…

Brutus back online as Shell repairs Glider

May 16, 2016

Shell announced on 15 May that production from the Brutus field in the US Gulf of Mexico has resumed following a leak at the nearby Glider field on May 12, which shut-in all production to the associated tension leg platform.  While production…

Shell completes BG merger

Feb 15, 2016

Royal Dutch Shell has officially acquired 100% of BG Group today (15 February) in a US$70 billion mega merger that leaves Shell as one of the biggest oil and gas companies in the world. Shell CEO Ben van Beurden…

Shell in the red, confirms 10,000 job cuts

Feb 04, 2016

Shell’s Q4 2015 earnings fell 57% along with its full year earnings taking a major plunge of 80%, as the Anglo-Dutch supermajor confirms the reduction of some 10,000 across both Shell and BG Group, once the mega merger is complete in a few weeks…

Woodside appoints former Shell exec

Feb 29, 2016

Former Shell senior executive, Ann Pickard has been appointed as Woodside's non-executive director. Pickard retired from Shell in February, where she held numerous positions during her 15-year tenure with the company. She served as executive vice president…

UK court sanctions Shell, BG merger

Feb 11, 2016

The High Court of Justice of England and Wales has sanctioned the mega merger between supermajor Shell and BG Group, paving the way for the biggest merger in more than a decade to be complete early next week.  However, the merger remains…

Petrobras axes PetroRio field sale

Mar 01, 2016

PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…

Shell cancels PetroRio fields, FPSO deal

Feb 16, 2016

Shell is cancelling the divestment of an 80% stake in the Bijupirá and Salema fields, including the Fluminense floating production and storage offloading unit (FPSO). The Fluminense FPSO. Image from Modec…

Shell shareholders approve BG merger

Jan 27, 2016

Shell shareholders approved the US$70 billion takeover of BG Group in a landslide vote of 83.08% in favor of the mega merger today (27 January) in The Hague, The Netherlands. Shell CEO Ben van Beurden…

Shell, BG merger gets final approval

Jan 28, 2016

BG Group shareholders made the final decision in the US$70 billion mega merger with Shell in an overwhelming 99.53% vote in favor of the deal today (28 January), making it the biggest merger between two supermajors in more than a decade. BG…

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