Shell Oil Company To Think About Green Energy Deals

Shell company is said to be studying the fact that they could go greener for tem to prepare on future after oil.

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George Osborne's £1bln budget boost for North Sea

Chancellor George Osborne has announced a £1-billion rescue package for trouble-hit North Sea oil industry. The government is also extending £730 million support for renewable electricity.

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Nigeria's National Oil Company Announced an Annual Loss of $1.34 Billion

The loss is combined from its corporate service unit and its three refineries. The total annual loss was consistent with the company's continuing monthly loss over the past year. Nigeria, as Africa's biggest economy and largest oil producer, has been greatly suffered the oil prices fall.

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Unsuccessful Oil Exploration leds BP and Shell Billions of Profits Loss

It's yet not over for oil prices to go plunging as BP and Shell will report this week that billions of pounds were shelled off their profits as the aftermath of low oil price associated with exploration failures strike two of Britain's biggest companies.

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Lyft teams up with Hertz, Shell

The San Francisco-based ride-hailing company Lyft has teamed up with Hertz Global Holdings Inc for offering rental cars to its drivers. Hertz offers car rentals on daily, weekly and monthly basis and now these services will be available as part of the agreement with Lyft, which offers rental cars to drivers who don't have their own cars or meet Lyft standards. On a pilot basis, Lyft plan with Hertz is available for drivers in Las Vegas and it will expand this plan to other locations soon. Lyft has also partnered with Shell for providing gasoline at discounted price to its drivers.

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Shell assures investors: Dividends will be protected

Royal Dutch Shell Plc CEO Ben Van Beurden said that the company will try its best to make sure investors will still receive dividends amid the low oil price. The statement was released by Van Beurden in an email to investors.

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Oils Prices Rallied, But Recovery Still To Take Longer

Oil Prices increased Wednesday, but Shell is not expecting a recovery anytime soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.

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BG says still happy with Shell bid as oil price rise boosts LNG

BG Group said on Friday it was still happy with Shell's $70 billion takeover bid despite a recent upturn in oil prices that led the company to increase the profit outlook for its liquefied natural gas (LNG) business.

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Oil companies’ profits hit by quest for crude price exposure

The drop in big oil companies' profits in the past eight months isn't just a function of lower crude prices – it also reflects strategic choices.

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Union says U.S. refinery strike widened; cites unfair labor practices

The United Steelworkers union said on Saturday the strike by U.S. refinery workers is expanding to two more plants early on Sunday due to unfair labor practices by oil companies.

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Union rejects sixth refinery offer from Shell; talks next week

Union leaders rejected a sixth contract offer Royal Dutch Shell Plc made to U.S. refinery workers, and a pause in negotiations was called Thursday on the fifth day of a strike, though talks are set to resume next week.

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Oil majors to preserve dividends despite oil collapse, tap debt

Europe's oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies' plans to maintain cherished dividends and their strategies to cope with the oil prices collapse that caught many unawares.

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U.S. refinery workers, oil firms start talks for new contract

Union and oil company negotiators began talks on Wednesday for a new nationwide contract covering hourly workers at 63 U.S. refineries that account for 64 percent of national refining capacity, according to a union spokeswoman.

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Qatar Petroleum, Shell halt $6.4 billion petrochemical project

Qatar Petroleum and Shell RDSa.l said they had decided not to proceed with their $6.4 billion Al Karaana petrochemical project in the Gulf state, the region's second big energy project to be shelved since oil prices began to plunge late last year.

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Oil holds ground as traders search for bottom of rout

Global oil prices were little changed for a second straight day on Thursday after better-than-expected U.S. jobs data helped the market hold ground after a 10 percent loss earlier in the week.

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