Royal Dutch Shell plc is introducing short-term carbon emission targets that will be directly tied to executive pay, the company announced Monday.
Read MoreSustainability: Shell Ties New Climate Targets to Exec Pay
Shell (LSE:RDSA)
Africa Oil & Gas: Nigeria lost $6 billion to Shell and Eni
A new report finds that Nigeria missed out on nearly $6 billion in projected revenues because of the odd structure of a 2011 oil deal it made with Royal Dutch Shell (NYSE: RDS.A) and Eni (NYSE: E).
Read MoreAfrica Oil & Gas: Timor Leste to pay $300M for Shell’s stake at Greater Sunrise fields
Oil and gas Shell is exiting the long-stalled Greater Sunrise offshore gas project in the Timor Sea, agreeing to sell its interest to the Timor-Leste government for $300 million. Shell follows the steps of ConocoPhillips which announced the sale in October.
Read MoreGlobal Oil & Gas: Shell is Wrong, global Oil Demand Can Only Increase
Bolstered by the U.S. shale revolution, global oil production has surged by over 20 percent in the past 15 years. The great rise has put to bed the “peak oil production” theory but it has not stopped the apparent new concern of “peak oil demand,” now portrayed as perhaps the main threat to the future of the world’s oil industry.
Read MoreMozambique Oil & Gas: Shell, Anadarko mired in dispute over domestic gas
Royal Dutch Shell (RDS.A, RDS.B) accuses Anadarko Petroleum (NYSE:APC) of holding it and Mozambique’s government hostage by refusing to supply enough domestic gas in the first phase of a giant liquefied natural gas project.
Read MoreGlobal Oil & Gas: In race to fill LNG supply gap, project goalposts have changed
(Reuters) – The race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG consumers have begun to disintegrate.
Read MoreAfrica Oil & Gas: Shell, Equinor Commit to Tanzania LNG, wait for Govt approval
(Bloomberg) — Royal Dutch Shell Plc and Equinor ASA said they’re committed to a project that will allow the export of natural gas from Tanzania.
Read MoreAfrica Oil & Gas: “Italy judge jails two in Nigeria oil graft case” – report
A Milan court sentenced two defendants in a Nigeria corruption case to jail on Thursday in what is a first ruling on one of the oil industry’s biggest graft scandals.
Read MoreSustainability: Shell Outlines Methane Emissions
Royal Dutch Shell plc has announced a target to maintain methane emissions intensity below 0.2 percent by 2025.
Read MoreThese Are the Biggest Natural Gas Producers in the World
Natural gas companies produced a record 3.68 trillion cubic meters (~130 trillion cubic feet) of natural gas last year, according to BP’s (NYSE: BP) Statistical Review of World Energy. That’s an increase of 4% from the prior year — almost double the 10-year average growth rate — thanks to a big uptick in production from Russia, which contributed about a third of global growth. North America, however, was the largest gas-producing region, led by the…
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