Tag Archive

MHPS’ H-100 Gas Turbine Gains Momentum

MHPS’ H-100 Gas Turbine Gains Momentum

March 12, 2019 No Comments

MHI Group’s efforts to compete for world-scale LNG liquefaction trains continues to move forward with the completion of successive technical qualification, conducted by oil majors and engineering companies. To date, major LNG players, including ExxonMobil, Shell, Total, along with key engineering contractors such as Bechtel, have all completed extensive qualification studies on Mitsubishi Hitachi Power […]

DPP preparing to prosecute Shell

DPP preparing to prosecute Shell

March 1, 2019 No Comments

OPL 245 – RDS plc informed of DPP preparing to prosecute We have been informed by the Dutch Public Prosecutor’s Office (DPP) that they are nearing the conclusion of their investigation and are preparing to prosecute Royal Dutch Shell plc for criminal charges directly or indirectly related to the 2011 settlement of disputes over Oil […]

Pátria Investimentos, Shell and Mitsubishi Hitachi Power Systems (MHPS) announce thermoelectric partnership

Pátria Investimentos, Shell and Mitsubishi Hitachi Power Systems (MHPS) announce thermoelectric partnership

February 28, 2019 No Comments

Pátria Investimentos, the Shell Group and Mitsubishi Hitachi Power Systems (MHPS) have announced the construction and operation of the Marlim Azul (Blue Marlin) gas-powered thermoelectric power plant in Macaé, Rio de Janeiro state in Brazil. The partnership includes construction of the power plant and the sale of its energy on both the regulated market, via […]

Shell Says Need for cleaner air driving strong LNG demand growth

Shell Says Need for cleaner air driving strong LNG demand growth

February 25, 2019 No Comments

Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook. Shell expects demand to reach about 384 million tonnes in 2020. Global LNG supply is set […]

Shell to acquire sonnen

Shell to acquire sonnen

February 15, 2019 No Comments

Shell* has agreed to acquire 100% of sonnen, a leader in smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and means that post regulatory approval and completion sonnen will become a wholly owned subsidiary of Shell. “sonnen is one of the global leaders in […]

Shell, ExxonMobil, and Chevron Post Best Results In Years

Shell, ExxonMobil, and Chevron Post Best Results In Years

February 5, 2019 No Comments

Despite the nearly 40-percent oil price slide in the fourth quarter, supermajors booked solid sets of Q4 and 2018 results, suggesting that they have learned to raise profits even when oil prices are well below $100 a barrel and may never return to the triple-digit mark. Three of Big Oil’s five—Shell, ExxonMobil, and Chevron—reported strong […]

Shell starts deep-water production at Lula North in Brazil

Shell starts deep-water production at Lula North in Brazil

February 1, 2019 No Comments

Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (“Shell”), today announces with consortium partners the start of production at the Lula North deep-water project in the Brazilian Santos Basin. Production at Lula North is processed by the P-67 floating production and storage offloading vessel (FPSO) and is operated by Petrobras. The production […]

Shell to propose directorate change

Shell to propose directorate change

January 31, 2019 No Comments

Royal Dutch Shell plc announced its intention to propose to the 2019 Annual General Meeting that Neil Carson be appointed a Director of the Company with effect from June 1, 2019. Chad Holliday, Chair of Royal Dutch Shell plc, said “The Nomination and Succession Committee recommended Neil’s appointment to the Board following its review of […]

Shell Announce Fourth quarter 2018 dividend

Shell Announce Fourth quarter 2018 dividend

January 31, 2019 No Comments

Total dividends distributed to shareholders in the quarter were $3.9 billion. In January 2019, the second tranche of the share buyback programme was completed, with 83.5 million A ordinary shares bought back for cancellation for an aggregate consideration of $2.5 billion. Today, Shell launches the ne Total dividends distributed to shareholders in the quarter were […]

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 […]

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