When NBCUniversal CEO Jeff Shell admitted to having an inappropriate relationship, he was forced out.

Jeff Shell stepped down as CEO of NBCUniversal on Sunday after admitting to having a "inappropriate relationship" with a female employee, as reported by the company's parent, Comcast. As of today, I will no longer serve as CEO of NBCUniversal. Inappropriately, I had a relationship w...

Reliance and Shell lose a $111 million gas field appeal brought by the Centre

In a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields, the government lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell.

According to two persons familiar with the situa...

A joint venture gives the green light to a long-delayed gas project

SHELL and its joint-venture partner SGH Energy have approved the development of the Crux natural gas project off the coast of Western Australia with a final investment decision (FID).

It was rumoured two years ago that the project's FID will be postponed. This came after Shell postp...

The company reimburses the Ohio office for $20 million

PTT Global Chemical, a Thailand-based petrochemical conglomerate, has reimbursed Ohio's private economic development agency $20 million after failing to make an investment decision on a proposed petrochemical factory in the state by 2020.

PTT Global Chemical America and JobsOhio spo...

Zinus to Provide the First Ever Fully Electric Ferry Service to Shell Workers Worldwide

A contract has been secured by Zinus, a Norway-based shore power products and autonomous solutions supplier for ports and vessels, with the Penguin Shipyard International in Singapore that promised that a fully automatic charging solution would be delivered to three electric passenger catamarans ...

Shell Prepares Itself for Drilling Campaign in Australia

European energy giant, Shell plans on drilling additional wells in the Surat Basin in Queensland, Australia for increasing supply for the country’s domestic market and the QCLNG export terminal.

On Tuesday, the GC business of Shell said that it intended on drilling and connecting ...

Shell Continues to Pursue Opportunities Despite LNG Troubles

Royal Dutch Shell has said that it will be working to regain shares worth 7 billion dollars from the sale of its shale business in the US due to outages of liquefied natural gas and reduced sale of fuels because of the restrictions imposed because of the Omicron variant.

Shell is the la...

Keppel and Shell Promoting LNG in Singapore

The joint venture of Keppel O&M and Shell, FueLNG, is promoting liquefied natural gas in Singapore. It has driven carried out more than 460 operations in 2021 including bunkering from ship-to-ship and truck-to-ship, and operations from truck to industry.

FueLNG shall also commence s...

Power Fail at Shell’s Giant LNG Vessel

The only offshore LNG plant of Australia had to evacuate 150 workers when the power failed on its 24-billion-dollar Prelude gas vessel. Shell had to use helicopters and ships for rescue purposes. 475 kilometers from Broome, Western Australia, the giant Prelude floating vessel saw repeated power f...

SHELL’S INDIAN UNIT STARTING RETAIL SALES OF LNG SOON

HIGHLIGHTS

• Very soon, Shell’s Indian Unit is going start the retail sales of LNG.
• Shell is planning to forge partnerships with many other entities and holders of LNG capacity to increase its reach.

Very soon, the India unit of ...

FISHING INDUSTRY UK: SHELLFISH IMPORT BAN FROM EUROPEAN UNION IS INDEFINITE

Highlights:

• The fishing industry of the United Kingdom said that, the shellfish import ban from the European Union is indefinite
• The European Union has to the fishermen of the United Kingdom, they will be indefinitely banning the sales of different se...

SHELL PLANS ON U-TURN FOR ITS FUTURE AUSTRALIAN VENTURES

HIGHLIGHTS

• Australian Director of Royal Dutch Shell said that their plans are unflinching for Australian gas resources despite stringent outlines in the gas business in the country and future acquisitions of “new energy” as a long term investment.

SHELL STARTS FRAM GAS AND CONDENSATE FIELD AS STRATEGY UNDER REVIEW IN UNITED KINGDOM

Highlights:

• The company Shell has started the production of the Fram gas and the gas condensate field in North Sea in the United Kingdom
• Shell said in a statement that the Fram had came on stream on 16th June 2020 and it is expected to produce 12,400 ...

Jio-bp: UK OIL GROUP BP PAYS $1 BILLION TO RELIANCE FOR A PETROL STATION VENTURE

According to the recent reports, BP has paid a whopping sum of $1 billion to Reliance Industries to set up a joint network of thousands of petrol pumps across the country of India in order to capitalize the country’s positively dynamic energy demand. 
According to the statement ...

PAK ARMY SHELLS BALAKOT SECTOR ALONG LOC IN POONCH

Highlights

• Pakistan Army violated ceasefire for the fifth consecutive day as they are continuously shelling near the LoC and IB in Jammu and Kashmir

• No casualties reported, though few weeks back a civilian from Qasba village was injured

• Indian Ar...

Leeuwarden project gets Shell and EBN support

Currently a geothermal heating project is being planned in the city of Leeuwarden. The Warmte van Leeuwarden league is being joined by Shell Geothermie and Energie Beheer Nederland (EBN), a state-owned energy company. This partnership will help in the completion of the proposed project. It will a...

Royal Dutch Shell doubtful of achieving the clean energy targets

The Anglo-Dutch company had promised its investors in 2017 that, it will spend $1 bn to $2 bn per year. The fund will be invested in developing a clean energy project till the end of 2020. The company is falling short of the planned $4 billion-$6 billion to be invested between 2016 to end of 2020...

Greenpeace prohibited from holding environmental demonstrations on oil rigs

Greenpeace was prohibited from holding environmental demonstrations on oil rigs in the North Sea after a Scottish court order was obtained by the oil giant Shell.

A judge in Edinburgh granted a temporary interdiction to Shell, equivalent to an order, banning Greenpeace from occupying fo...

Montage Resources (NYSE:MR) or Royal Dutch Shell (NYSE: RDS.A), which is the right stock?

The oils/energy companies are Montage Resources (NYSE: MR) and Royal Dutch Shell (NYSE: RDS.A), but which is the right stock? Based on the strength of their institutional interest, risk, price, profitability, analyst recommendations, earnings and dividends, we will contrast the two firms.

Saudi Aramco leads in the purchase of Bharat Petroleum stakes

It’s the government’s decision whether the Centre intends to disinvest all of its Bharat Petroleum’s 53.3% stake. It is important to note that Bharat Petroleum is a ‘Fortune 500’ firm. It appears as if no one is opposed to the idea, save for the nearly 12,000 individ...