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26 May 2015 07:16

Shell to shut crude unit at Singapore refinery for maintenance -traders

SINGAPORE, May 26 (Reuters) - Royal Dutch Shell will shut a crude unit at its 500,000 barrels-per-day Bukom refinery in Singapore for planned maintenance in the third quarter, several traders from outside the company said. A Shell spokeswoman declined to provide details related to any work

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24 May 2015 10:30

INSIGHT-Funds feel heat of coal and tar divestment drive

* Colleges, pension plans among those divesting * Fund firm survey shows most focused on engagement * PR pressure seen as important factor in driving change By Simon Jessop and Ron Bousso LONDON, May 24 (Reuters) - For Rivka Micklewaite and fellow students, securing a pled

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23 May 2015 00:54

Activists damage habitat in Seattle bay during Shell oil protests

By Eric M. Johnson SEATTLE, May 22 (Reuters) - Environmental activists who fanned out in small boats across a Seattle bay over the weekend in a protest over Royal Dutch Shell 's plans for Arctic oil exploration in the have damaged "precious habitat" on the sea floor, a state official said o

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22 May 2015 23:35

Shell CEO backs fossil fuels, climate change warnings -Guardian

May 22 (Reuters) - The world's fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said on Friday. In an interview published in Britain's Guardian newspaper, Van Beurden forecast that

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22 May 2015 21:17

U.S. Senators urge Obama administration to block Arctic oil drilling

WASHINGTON, May 22 (Reuters) - A group of 18 mostly Democratic U.S. senators on Friday urged the Obama administration to stop Royal Dutch Shell's preparations for oil exploration in the Arctic, saying the region has a severely limited capacity to respond to accidents. The senators, from bot

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22 May 2015 15:43

AXA axes 500 mln euros of coal investments

PARIS, May 22 (Reuters) - French insurer AXA said on Friday it was cutting its exposure to the coal industry, pulling out of investments worth 500 million euros ($552.7 million). Europe's No. 2 insurer joins a growing list of financial companies that have decided to spurn the coal industry

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22 May 2015 11:16

Total hosts climate talks with big oil companies

PARIS, May 22 (Reuters) - French oil major Total is hosting a meeting of the world's biggest oil companies over the sector's action plan ahead of U.N. climate talks in Paris at the end of the year. Officials from Royal Dutch Shell, Saudi Aramco, Norway's Statoil, BG Group and Italy's Eni

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21 May 2015 14:57

Energy divestment campaigns a 'red herring', says Shell CEO

LONDON, May 21 (Reuters) - Royal Dutch Shell Chief Executive Ben van Beurden on Thursday slammed as a "red herring" calls for investors to divest from energy companies as part of the fight against climate change. Van Beurden singled out the "Keep it in the Ground" campaign led by British ne

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21 May 2015 14:31

Shell to propose BG Group auditor EY as its new assessor

Royal Dutch Shell, which is currently in the process of acquiring BG Group, will be recommending the latter's auditor Ernst & Young (EY) to shareholders as the Anglo-Dutch oil company's new auditor for the year ending 31 December, 2016. Confirming the move, EY said the proposal would be made to Shel

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21 May 2015 13:55

UPDATE 1-Dutch court to rule on Eemskanaal gas field by June 1

(Adds detail, background) AMSTERDAM, May 21 (Reuters) - A Dutch court will rule on a request to restrict gas production at Eemskanaal, part of the large Groningen gas field, by June 1, Council of State spokeswoman Sabine Heijstek-van Leussen said. The court, which has previously rejec

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21 May 2015 12:57

Dutch court to make preliminary ruling on Eemskanaal by June 1

AMSTERDAM, May 21 (Reuters) - A Dutch court will make a preliminary ruling on a request to restrict gas production at Eemskanaal, part of the large Groningen gas field, by June 1, Council of State spokeswoman Sabine Heijstek-van Leussen said. The court, which previously rejected a request t

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21 May 2015 11:14

BG takes full control of Australian LNG production site

LONDON, May 21 (Reuters) - British gas producer BG has taken full operational control of the first production facility, known as Train 1, at its Queensland Curtis LNG plant in Australia from builder Bechtel, marking the official start of commercial operations. The Queensland plant is one o

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20 May 2015 20:35

US IG WRAP-US high-grade bond market logs record month for May

By Danielle Robinson NEW YORK, May 20 (IFR) - The US investment-grade bond market set the record on Wednesday for the busiest May ever seen. Five borrowers raised US$4.675bn on the day, pushing May's tally to US$134.646bn - the largest amount ever issued in the month since 2008, and t

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20 May 2015 20:35

URGENT-US high-grade bond market logs record month for May

By Danielle Robinson NEW YORK, May 20 (IFR) - The US investment-grade bond market set the record on Wednesday for the busiest May ever seen. For related story, click on. For related table, click on. Five borrowers raised US$4.675bn on the day, pushing May's tally to US$134

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20 May 2015 17:33

UPDATE 1-Pemex dampens talk of refining exit after CFO mentions sale option

(New throughout, adds Pemex spokesperson comment, quotes from CFO) MEXICO CITY, May 20 (Reuters) - Mexican state oil firm Pemex said on Wednesday it had no current plans to sell its refining and petrochemical businesses after a senior executive told a newspaper it might opt to in the futur

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