European Commission approves Shell's purchase of BG Group

Last Updated: Wednesday, September 2, 2015, 23:09

The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.

Barack Obama defends Shell Arctic drilling decision

Last Updated: Saturday, August 29, 2015, 16:09

Two days before heading to Alaska to raise climate change awareness, US President Barack Obama on Saturday defended his controversial decision to allow Shell to drill in the Arctic`s Chukchi Sea.

US gives Shell final nod to drill for oil in Arctic

Last Updated: Tuesday, August 18, 2015, 17:08

The Obama administration granted Royal Dutch Shell final clearance on Monday to resume drilling for oil and gas in the environmentally fragile Arctic Ocean for the first time since 2012, a move green groups vowed to fight.

ING posts rising profits thanks to sale of Indian unit

Last Updated: Wednesday, August 5, 2015, 16:02

Top Dutch bank ING posted a rise in second quarter net profits but the increase was due to the sale of an Indian unit, leaving its shares sliding in morning trading.

Shell to cut jobs to cope with long period of cheap oil

Last Updated: Thursday, July 30, 2015, 20:27

Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.

Shell Q2 net profit drops 37%, to cut 6,500 jobs this year

Last Updated: Thursday, July 30, 2015, 14:04

Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.

Shell reopens 77th petrol pump in India

Last Updated: Monday, July 20, 2015, 18:16

Buoyed by diesel price deregulation, Royal Dutch/Shell has reopened its 77th petrol pump across the country and is looking to expand the network in near future.

Heineken opens $60 million brewery in Myanmar

Last Updated: Monday, July 13, 2015, 15:39

Dutch beer giant Heineken announced on Monday it has opened a multi-million-dollar brewery in Myanmar, seeking to cash in on one of Asia's high-growth markets.

Shell holds Tehran talks over potential investment

Last Updated: Thursday, June 25, 2015, 07:07

Anglo-Dutch giant Shell has become the first international oil group to announce that it had held talks with Iran about potential investment should sanctions be lifted as part of a nuclear deal with the West.

Carlyle Group to invest $500 mn in Magna Energy

Last Updated: Monday, June 22, 2015, 18:03

US-based private equity firm Carlyle Group Monday said it will invest USD 500 million in Magna Energy Ltd, an India-focused oil firm founded by Mike Watts, the man who saw oil in Rajasthan's Thar desert where global giant Royal Dutch Shell saw none.

Dutch PM bats for farmer owned joint businesses

Last Updated: Saturday, June 6, 2015, 08:42

Farmers as Owners, a commercial initiative that aims to create world-class farmer-owned companies in India, received recognition today during the visit of Dutch Prime Minister Mark Rutte to New Delhi.

Dutch retailer SPAR to expand in India; to double workforce

Last Updated: Friday, June 5, 2015, 19:20

SPAR, which re-entered the Indian market last August in partnership Max Hypermarkets, said it is anticipating SPAR India to reach a turnover of 300 million euros by 2019.