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.

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.

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.

Shell to raise Hazira LNG plant capacity by 50% in 2016/17

Last Updated: Tuesday, April 28, 2015, 20:05

Hazira LNG Ltd will expand the capacity of its liquefied natural gas (LNG) terminal on the west coast by 50 percent to 7.5 million tonnes per annum (mtpa) in the fiscal year to March 2017, a government panel report said.

Shell-BG deal could face bumpy ride from partner rights

Last Updated: Thursday, April 9, 2015, 09:12

Royal Dutch Shell Plc`s agreed $70 billion takeover of rival BG Group could trigger pre-emption rights in key oil and gas fields that would erode the potential benefits of the deal for the Anglo-Dutch oil giant.

Royal Dutch Shell acquires BG Group for $70 bn

Last Updated: Wednesday, April 8, 2015, 21:15

In the biggest oil and gas deal in a decade, Royal Dutch Shell on Wednesday announced acquisition of smaller British rival BG Group Plc for about USD 70 billion to create the world's largest independent producer of LNG.

Royal Dutch Shell buys BG Group for £47 billion

Last Updated: Wednesday, April 8, 2015, 12:02

Royal Dutch Shell on Wednesday announced a mega takeover of British rival BG Group worth £47 billion ($95 billion, 64 billion euros).

Bells toll for Europe's largest gas field

Last Updated: Sunday, March 1, 2015, 23:36

Dutch church bells that for centuries have tolled to warn of floods across the low-lying countryside are sounding the alarm for a new threat: earthquakes linked to Europe`s largest natural gas field.