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Shell weathers the storm to beat expectations
Royal Dutch Shell beat profits expectations in the third quarter of the year as soaring energy prices offset the damage caused by the devastating US hurricanes.
The oil industry: Calmly keeping the wheels of industry oiled
For many companies preparing for a disaster can seem a hypothetical exercise. Not for oil companies. They have operated in dangerous and unpredictable parts of the world almost since inception.
Royal Dutch Shell starts trading as single company
For the first time in its 98-year history, Royal Dutch Shell will trade as a single, unified company in London after 91 per cent of investors in Royal Dutch agreed to tender their old shares.
Shell to consider acquisitions under $9bn
Royal Dutch/Shell is understood to be considering acquisitions worth up to $9bn in the immediate aftermath of the unification of its Dutch and British holding companies.
Scarcely a whimper as Shell votes for unification
Shareholders bade farewell to nearly a century of history in less than 45 minutes, overwhelmingly approving the unification of the two arms of Royal Dutch and Shell.
Shell's second cut more serious
Royal Dutch/Shell has underlined the seriousness of its second reserves cut last year by estimating that the barrels of oil and gas removed were more valuable than those in its first, far bigger reduction.
Call for Shell to alter its plan to unify
Royal Dutch/Shell should modify its unification proposals to minimise the potential tax burden on a relatively small group of individual shareholders in the UK, an investment industry leader said
Lex: Royal Dutch/Shell
When crude prices are high, oil industry acquisitions are tough to justify. But as Peter Voser, chief financial officer, reiterated, after the planned merger of Royal Dutch with Shell, at least the oil major could use its paper as currency for a deal.
‘Oil industry must factor in resurgent state power’
International oil companies must learn to contend with the resurgent power of the state following a decade in which markets were thought to rule, Royal Dutch/Shell, the energy giant, said.
Oil groups fear upsetting China over Unocal
International oil groups mulling whether to bid for Unocal are having to balance their desire to acquire the $14bn energy group with a wish not to upset the Chinese government.
