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Jan 22 (Reuters) - Royal Dutch Shell Plc said it had extinguished a fire involving a unit at its Deer park, Texas, facility on Wednesday. "All personnel have been accounted for, and there were no injuries or off-site impacts associated with this incident," a company spokeswoman said in an e
Read more* Most big oil, gas extraction projects bust their budgets * Scale and complexity of projects outgrowing biggest oil firms * Collaboration among oil firms needed, but bureaucracy unwieldy * Companies abandoning or selling some high-risk, costly projects By Dmitry Zhdanniko
Read more* Profit warning followed legal advice on fair disclosure, Shell says * Negative factors flagged in Oct "more negative than we expected" * Motive was not new boss grandstanding or miss against forecasts * Analysts say no guarantee all Q4 problems are short term By Andrew C
Read moreNEW YORK, Jan 21 (Reuters) - U.S. inland crude differentials
fell sharply on Tuesday as refinery maintenance ramped up in the
region and weighed on demand for oil. West Texas Intermediate
SYDNEY, Jan 22 (Reuters) - Macquarie Group and Glencore Xstrata have joined forces to bid for Royal Dutch Shell's Australian refining and retail business, the Australian Financial Review (AFR) reported on Wednesday. The paper said the heavyweight pairing is up against a consortium comprisin
Read more* Profit warning followed legal advice on fair disclosure, Shell says * Negative factors flagged in Oct "more negative than we expected" * Motive was not new boss grandstanding or miss against forecasts * Analysts say no guarantee all Q4 problems are short term By Andrew C
Read more* Record 48 firms awarded stakes in mature area licensing round * Some 40 firms apply to explore in Norway's Arctic * First rounds since last year's oil tax hike * Norway's oil output fell to 25-year low in 2013 By Gwladys Fouche and Henrik Stolen SANDEFJORD, Norway,
Read moreSANDEFJORD, Norway, Jan 21 (Reuters) - The plant processing gas from the giant Ormen Lange field off Norway will experience fewer shutdowns after improvements to its power supply, the chief executive of Shell Norway, the plant's operator, told Reuters on Tuesday. Ormen Lange is a major gas
Read moreSANDEFJORD, Norway, Jan 21 (Reuters) - The plant processing gas from the giant Ormen Lange field off Norway will experience fewer shutdowns after improvements were made to its power supply, the chief executive of Shell Norway , the plant's operator, told Reuters on Tuesday. The plant at Nyh
Read more* 48 firms awarded stakes out of 50 firms that applied * First such round since last year's oil tax hike * Norway's oil output fell to 25-year low in 2013 By Gwladys Fouche and Henrik Stolen SANDEFJORD, Norway, Jan 21 (Reuters) - Norway awarded a record 65 oil and gas prod
Read moreLONDON, Jan 21 (Reuters) - Iran's first chance to unveil new oil and gas investment opportunities to Western oil companies - a widely anticipated London conference - has been delayed until November from early April, industry sources said on Tuesday. Tehran wants Western oil companies to rev
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There might be more to Royal Dutch Shell's decision to pull out of the Wheatstone liquefied natural gas (LNG) project in Western Australia than initially meets the eye. For starters, the decision may have been taken some time last year. It is known that Shell means to focus on natural gas projects i
Read moreBy Sarah Young LONDON, Jan 20 (Reuters) - Royal Dutch Shell said on Monday it had agreed to sell stakes in a gas project in Western Australia for $1.14 billion as part of the oil company's drive to improve its return on investment. Shell said it is selling an 8 percent stake in the Wh
Read moreOSLO, Jan 20 (Reuters) - Norway's gas exports will increase by 20 million cubic metres (mcm) of gas per day on Feb. 7-15 due to a compressor test at a field offshore Norway, the country's gas system operator Gassco said on Monday. "In the period... the operator will test a repaired export c
Read moreLONDON, Jan 20 (Reuters) - Royal Dutch Shell's head of international upstream activities, Andy Brown, is to take extended leave, effective immediately, to recuperate from a recent medical procedure, the oil company said on Monday. Brown is one of Shell's top ranking executives on an executi
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