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Royal Dutch Shell has offered to pay up to £30m in compensation for two oil spills in Nigeria in 2008. The oil company's offer comes after a London court rejected a claim of £300m by around 11,000 residents of the Bodo community in the Niger Delta. The residents, represented by law firm Leigh Day
20 Jun 14 17:09LONDON, June 20 (Reuters) - Royal Dutch Shell is ready to pay up to 30 million pounds ($51 million) in compensation for two oil spills in Nigeria in 2008 after a London court rejected a larger claim, sources involved in the case said on Friday. Around 11,000 residents of the Bodo community
20 Jun 14 15:03Shares of oil major Shell are running near the top end of their recent trading range. Nevertheless, they are still attractive, according to The Times' Tempus column. The company is fully on track to meet its goal to divest $15bn in assets this year. In fact, just this week it announced its intenti
20 Jun 14 08:15OSLO, June 19 (Reuters) - German energy firm VNG has agreed to buy U.S. oil firm Chevron's 7.56-percent stake in the Draugen field off Norway, it said on Thursday. VNG did not say how much the deal was worth. Royal Dutch Shell is the field's operator with a stake of 44.56 percent. No
19 Jun 14 10:24Pilipinas Shell Petroleum Corp, the Philipine unit of Royal Dutch Shell PLC, plans to list its shares on Manila's exchange within the year to help raise funds for the upgrade of its refinery in Batangas province, south of the capital, Manila, its president said, the Malaya Business Insight Newspa
19 Jun 14 00:59* Shell Midstream Partners LP files to raise up to $750 million * Intends to list units on NYSE under the symbol "SHLX" * Offering expected in the second half of this year (Adds details on MLP assets, background) By Swetha Gopinath June 18 (Reuters) - Royal Dutch Shell P
18 Jun 14 15:49(Adds Iraq details) June 18 (Reuters) - Oil and gas companies will increase exploration and production (E&P) spending by 6 percent to $712 billion this year, despite a slight pullback in spending by industry majors, Barclays said. Spending by major oil companies is expected to remain
18 Jun 14 15:42Shire's shares have spiked higher on rumours that Allergan could bid for the company in an effort to fend off a hostile takeover attempt by Valeant Pharmaceuticals. Bloomberg cited an analyst at SunTrust Robinson Humphrey who said that a bid is "imminent" and "makes strategic sense" for the US compa
18 Jun 14 15:24Rising crude prices and deal activity pushed stocks in the oil and gas sector higher on Wednesday. Brent crude prices were up a further 0.1% at $133.58 a barrel today, extending recent gains, as markets reacted to the latest geopolitical developments in Iraq. Islamist-led militants have attacked Ir
18 Jun 14 13:56Royal Dutch Shell has announced plans for the initial public offering (IPO) of Shell Midstream Partners, one of its wholly-owned subsidiaries. The business, which will be listed on the New York Stock Exchange under the ticker symbol SHLX, was initially formed as a vehicle to own, operate, develop
18 Jun 14 12:30- FOMC meeting to keep traders cautious - Iraq tensions escalate as rebels attack refinery - BoE in focus amid rate-hike speculation techMARK 2,800.97 +0.23% FTSE 100 6,795.76 +0.43% FTSE 250 15,610.03 +0.16% UK equities rose on Wednesday ahead of a policy decision at the Federal Open Market Commi
18 Jun 14 11:48* Files to raise up to $750 million * Company formed by Royal Dutch Shell as an MLP (Adds details about Shell Midstream's operations) June 18 (Reuters) - Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, filed with U.S. regulators on Wednesda
18 Jun 14 11:19(Repeating to additional subscribers) By Gabriel Stargardter EMILIANO ZAPATA, Mexico, June 18 (Reuters) - When foreign investors begin to pour into Mexico's overhauled energy sector in the coming months, they will face a potent force well-known to miners: Mexico's ejidos, or rural lan
18 Jun 14 11:00(Adds details, background) June 18 (Reuters) - Oil and gas companies will increase exploration and production (E&P) spending by 6 percent to $712 billion this year, despite a slight pullback in spending by industry majors, Barclays said. Spending by major oil companies is expected to
18 Jun 14 10:58June 18 (Reuters) - Oil and gas companies will increase exploration and production (E&P) spending by 6 percent to $712 billion this year, despite a slight pullback in spending by industry majors, Barclays said. Spending by major oil companies is expected to remain flat this year, Barclays s
18 Jun 14 10:34
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