Shell reduces holding in WoodsideRoyal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.
Counting losses from Kashagan suspensionLosses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.
Samsung floats world's largest vesselSouth Korean shipbuilder Samsung Heavy Industries has floated a tanker-shaped vessel tagged as the world's largest "floating facility" with a length greater than the height of the Empire State Building in New York.
Greenpeace protests Shell Arctic drilling at Belgian GP Greenpeace activists paraglided to the top of the main stand of the Belgian Grand Prix on Sunday to protest against drilling in the Arctic by the race's main sponsor, the Shell oil giant.
26 August 2013
Shell puts last Australian refinery on market Global energy giant Shell announced Thursday it was selling its last remaining Australian refinery to focus on more sizeable assets abroad, a move that threatens 470 jobs.
04 April 2013
Dutch court rules in Nigerian farmers' suit against Shell A Dutch court will decide on Wednesday whether Shell should clean up oil damage that destroyed a group of Nigerian farmers' land, a case that could set a precedent for global environmental responsibility.
Shell paid Nigeria millions to guard oil facilities: group An oil industry watchdog said Monday that Shell paid Nigeria's military and police $65 million over two years to secure company facilities, alleging the firm had bankrolled forces widely accused of rights abuses.