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* Exploration budget may fall below $40 bln, report says * Number of exploration wells will however hold steady * Returns to improve as cost decline * GRAPHIC: oil and gas exploration spend http://tmsnrt.rs/2h7xIS3 By Ron Bousso LONDON, Dec 9 (Reuters) - Global spend
Read more(Adds Shell comment) LONDON, Dec 8 (Reuters) - ** Operations at the 65,000 barrels per day (bpd) CCR2 hydrocracker at Royal Dutch Shell's 404,000 bpd Pernis refinery will be reduced starting from 1500 GMT on Friday as part of industrial action, FNV union spokesman Egbert Schellenberg
Read moreLONDON, Dec 8 (Reuters) - ** Operations at the 65,000 barrels per day (bpd) CCR2 hydrocracker at Royal Dutch Shell's 404,000 bpd Pernis refinery will be reduced starting from 1500 GMT on Friday as part of industrial action, FNV union spokesman Egbert Schellenberg said. ** Capacity at
Read moreLONDON, Dec 8 (Reuters) - ** Royal Dutch Shell said that workers' unions have indicated they intend to push ahead with plans to cut production at the 404,000 barrels per day Pernis oil refinery in the Netherland over a pay dispute. ** "This may mean that parts of the production proces
Read moreHOUSTON, Dec 7 (Reuters) - Royal Dutch Plc's 285,500 barrel per day (bpd) joint-venture Deer Park, Texas, refinery restarted a catalytic reformer after completing repairs on Tuesday, said sources familiar with plant operations said on Wednesday. The 45,900 bpd Catalytic Reformer 3 underwen
Read moreDUBAI, Dec 7 (Reuters) - Royal Dutch Shell has signed a memorandum of understanding (MoU) with National Iranian Oil Company (NIOC) "to further explore areas of potential cooperation," a Shell spokesman confirmed on Wednesday. "Details of specific opportunities are confidential," the spokesm
Read more(Adds quotes, background) ATYRAU, Kazakhstan, Dec 7 (Reuters) - Kazakhstan's giant offshore Kashagan field is expected to produce 8.9 million tonnes of oil in 2017 (about 192,000 barrels per day), Kazakh Energy Minister Kanat Bozumbayev told Reuters on Wednesday. Kashagan had produced
Read more(Corrects year in headline, first paragraph) ATYRAU, Kazakhstan, Dec 7 (Reuters) - Kazakhstan's offshore Kashagan field is expected to produce 8.9 million tonnes of oil in 2017, Kazakh Energy Minister Kanat Bozumbayev told Reuters on Wednesday. Kashagan had produced more than 600,000
Read moreATYRAU, Kazakhstan, Dec 7 (Reuters) - Kazakhstan's offshore Kashagan field is expected to produce 8.9 million tonnes of oil in 2016, Kazakh Energy Minister Kanat Bozumbayev told Reuters on Wednesday. Kashagan had produced more than 600,000 tonnes since Sept. 28, of which more than 500,000 t
Read morePARIS, Dec 6 (Reuters) - Louis Dreyfus Company named Armand Lumens, a veteran of oil firm Royal Dutch Shell , as its new finance chief on Tuesday, the latest in a series of leadership changes at the commodity trader under main shareholder Margarita Louis-Dreyfus. Lumens, a 48-year-old Dutc
Read moreHOUSTON, Dec 6 (Reuters) - Royal Dutch Shell Plc's 285,000 barrel per day (bpd) joint-venture Deer Park, Texas, refinery may restart a reformer on Tuesday as repairs to a leak on the unit are nearing completion, a source familiar with plant operations said on Tuesday. The 45,900 bpd Cataly
Read moreCARACAS, Dec 6 (Reuters) - Royal Dutch Shell Plc will provide some $400 million in financing to boost oil output at Venezuela's Petroregional del Lago, a joint venture with state-run PDVSA, the South American country announced on Tuesday. Petroregional, which operates the Urdaneta oilfield
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(ShareCast News) - Royal Dutch Shell's finance boss took advantage of the jump in the company's share price immediately following OPEC's decision to cut its output to sell some of his holdings in the oil producer. According to a statement issued by the company, Simon Henry unloaded 50,000 B-shares a
Read more(Adds Shell comment) Dec 2 (Reuters) - Royal Dutch Shell Plc * Dutch FNV union says will reduce operations at Shell's 404,000 bpd Pernis oil refinery by 50 percent on Dec. 7 if pay demands are not met, spokesman Egbert Schellenberg says * Industrial action will also impact Shell
Read moreDec 2 (Reuters) - Royal Dutch Shell Plc * Dutch FNV union says will reduce operations at Shell's 404,000 bpd Pernis oil refinery by 50 percent on Dec. 7 if pay demands are not met, spokesman Egbert Schellenberg says * Industrial action will also impact Shell's adjacent Moerdijk petroc
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