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Shell, Eni warn of sluggish recovery

Business | Energy
2009-10-30

OIL majors Royal Dutch Shell Plc and Eni warned of a slow recovery, highlighting weak energy demand and operational challenges, as their profits slumped. Shell, Europe's largest oil company by market value,...

Venture plans 100 gas stations in Shaanxi

Business | Energy
2009-10-13

ROYAL Dutch Shell Plc and China's Shaanxi Yanchang Petroleum (Group) Co plan to build 100 petrol stations in the northwest Shaanxi Province, the Netherlands firm said yesterday. Shell and Yanchang, China's fourth-largest...

Shell's profit sinks 67% in Q2

Business | Energy
2009-7-31

ROYAL Dutch Shell Plc said yesterday its net profit fell 67 percent in the second quarter to US$3.82 billion, reflecting a sharp decline in oil prices and worse refining margins. In the same period a year earlier,...

Shell's coal-gas technology questioned

Business | Energy
2009-7-17

A CHINA industry body has proposed limiting any further purchase of Royal Dutch Shell's coal gasification technology after teething problems at half the plants, but Shell said the glitches were not its fault. Chinese...

Shell to shed jobs

Business | Energy
2009-5-28

ROYAL Dutch Shell PLC said yesterday it plans a major reorganization to simplify its corporate structure and that it will shed an unspecified number of jobs as a result. Spokesman Shaun Wiggins said it was impossible...

Top exec quits

Business | Energy
2009-5-27

THE top gas executive and highest-ranking woman at Royal Dutch Shell PLC, Linda Cook, is stepping down on Monday, the company said yesterday, without giving a reason. Cook, 50, was a candidate to replace Chief Executive...

Shell's sales cut in half, profits shrink

Business | Energy
2009-4-30

EUROPE'S largest oil company, Royal Dutch Shell PLC, reported a first-quarter net profit of US$3.49 billion yesterday, down 62 percent, as oil prices fell sharply amid the global economic downturn. The net profit...

Shell and union extend contract talks

Business | Energy
2009-2-2

ROYAL Dutch Shell Plc and the union representing refinery workers extended talks on a new contract for at least 24 hours, delaying a possible strike that may affect almost two-thirds of its United States' capacity. ...

Royal Dutch Shell joins the profits party

Business | Energy
2008-8-1

ROYAL Dutch Shell Plc, Europe's biggest oil company, said yesterday that second-quarter profit climbed 33 percent on record oil prices and pledged to increase investment spending to revive production growth. Net...

Companies take lead in urging emission targets

Business
2008-6-21

ALCOA Inc, Royal Dutch Shell Plc and 97 other companies are urging world leaders to devise a plan for fighting global warming by setting greenhouse gas targets for all nations and creating an international carbon market. ...