Tag Archive

Shell and PGGM explore  joint acquisition of Eneco

Shell and PGGM explore joint acquisition of Eneco

January 14, 2019 No Comments

PGGM and Shell have joined forces to explore the opportunity to participate in the controlled auction for the sustainable energy provider Eneco. In December 2018 Eneco and its shareholders’ committee announced the start of the privatisation process. This consortium is impressed with Eneco’s achievements in transforming the Dutch energy system through investments in sustainability and […]

Shell  completes sale of its New Zealand entities

Shell completes sale of its New Zealand entities

December 28, 2018 No Comments

Royal Dutch Shell plc (Shell) has completed the sale of its shares in Shell entities in New Zealand, to OMV for $578 million. This includes the Māui, Pohokura, and Tank Farm assets, and the sale of Shell’s interest in (and operatorship of) the Great South Basin venture, which was subject to a separate agreement. The […]

Eni, Shell aware of corrupt payments, Judge rules

Eni, Shell aware of corrupt payments, Judge rules

December 18, 2018 No Comments

An Italian judge, Giusy Barbara, found out on Monday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease (OPL 245) would result in corrupt payments to Nigerian politicians and officials. Italy’s Eni and Shell bought the OPL 245 offshore field for about 1.3 billion dollars from […]

Royal Dutch Shell  Announce Third Quarter 2018 Interim Dividend Payments

Royal Dutch Shell Announce Third Quarter 2018 Interim Dividend Payments

December 7, 2018 No Comments

The Hague, December 6, 2018 – The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2018 interim dividend, which was announced on November 1, 2018 at US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”). Dividends […]

Investors back Shell’s climate targets

Investors back Shell’s climate targets

December 3, 2018 No Comments

Royal Dutch Shell plc (Shell) today announces plans to set short-term targets as part of a long-term ambition to reduce the Net Carbon Footprint of its energy products. The company plans to link these targets to executive remuneration, subject to shareholder approval. Shell is announcing the plans in a joint statement developed with institutional investors […]

Shell completes divestment of upstream interests in Ireland

Shell completes divestment of upstream interests in Ireland

November 30, 2018 No Comments

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in Shell E&P Ireland Limited (SEPIL), which holds a 45% interest in the Corrib gas venture, for up to $1.30 billion (€1.14 billion), to Nephin Energy Holdings Limited (NEHL), a wholly-owned subsidiary of Canada Pension Plan […]

Shell completes sale of Draugen and Gjøa interests to OKEA

Shell completes sale of Draugen and Gjøa interests to OKEA

November 30, 2018 No Comments

A/S Norske Shell has completed the sale of its interests in the Draugen and Gjøa fields in Norway for 4,52 Billion NOK (~US$526 million*) to OKEA AS. With the deal completion, Shell exits its 44.56% operated interest in the Draugen field and 12% non-operated interest in the Gjøa field, representing approximately 14% of A/S Norske […]

Shell Backs Nissan Formula E Team

Shell Backs Nissan Formula E Team

November 30, 2018 No Comments

Shell and Nissan have officially launched their new Formula E partnership at a ceremony at the Nissan Crossing in Tokyo. This is an exciting new partnership for Shell, which has been involved in motorsports for more than a century. The alliance with Nissan and the all-electric racing series will help Shell to further develop its […]

Shell adds new, deep-water production in Brazil

Shell adds new, deep-water production in Brazil

October 25, 2018 No Comments

New, deep-water production is underway today at Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing. The FPSO P-69 is a standardized production vessel offshore Brazil with a capacity for 150,000 barrels of […]

Shell agrees to sell Upstream Interests in Denmark to Noreco

Shell agrees to sell Upstream Interests in Denmark to Noreco

October 25, 2018 No Comments

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for a consideration amount of $1.9 billion. SOGU is a wholly-owned Shell subsidiary that holds a 36.8% non-operating interest in […]

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