Shell pleases city with UK-Dutch merger
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OIL giant Shell swept aside nearly 100 years of history yesterday when it unveiled plans to merge its UK and Dutch parent companies.
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The Royal Dutch/Shell Group of Cos. unveiled plans Thursday for its two holding companies to merge after nearly a century, a response to a scandal over its downgrading of oil reserves, and said third-quarter earnings doubled.
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LONDON/AMSTERDAM  - Oil major Royal Dutch/Shell  Group said it was merging its Dutch and British holding  companies as it seeks to address failings that led to a shock  downgrade in proven oil reserves.
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Royal Dutch/Shell Group of Cos., Exxon Mobil Corp. and the Dutch government struck a deal Monday giving the Netherlands - the third-largest gas producer in Europe - more control of the Dutch gas company Gasunie.
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Royal Dutch/Shell Group, Europe&#39;s second-largest oil company, will boost investment in its European oil and gas unit by $150 million to $1.
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Royal Dutch Shell will go ahead with a 325,000 barrel-per-day capacity expansion of its Motiva refinery in Port Arthur, Texas, at a cost of $7 billion, the Anglo-Dutch oil group said on Friday.
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Shell Oil Co said on Friday it has  decided to go ahead with a 325,000 barrel-per-day capacity  expansion of the Motiva refinery in Port Arthur, Texas.
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Energy giant Shell is to sell its stake in the pipeline unit of Dutch gas firm Gasunie to the Dutch government. Both Shell and ExxonMobil are selling their stakes, with the Dutch government paying 2.78bn euros ($3.
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LONDON (CBS.MW) -- Outlining an expectation for higher oil prices and increasing demand, Royal Dutch/Shell on Wednesday said it&#39;s lifting project spending to $45 billion over the next three years.
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THE senior management of Royal Dutch/Shell is starting a whirlwind tour of shareholders and staff. They aim to boost morale and explain plans to unify the company ahead of the vote on the shake-up at next May&#39;s annual general meeting.
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British oil giant Shell announced that its Belgian arm had agreed to sell its stakes in two Belgian gas companies to utility group Suez-Tractebel in deals worth a total of around 380.4 million euros (460 million dollars).
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Oil major Royal Dutch/Shell Group said it was merging its Dutch and British holding companies as it seeks to address failings that led to a shock downgrade in proven oil reserves.
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Jeroen van der Veer, chief executive of Royal Dutch/ Shell, has opened the door to future deals with Gazprom, the Russian gas group, by welcoming its rapid expansion into the oil sector.
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Royal Dutch/Shell announced radical plans to merge its separate holding companies in an overhaul of its corporate governance structures after a review triggered by its oil reserves scandal.
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New bosses of oil giant Shell could get big rises in their total salary packages after the planned merger of its Dutch and UK operating companies, it was reported today.
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LONDON Royal Dutch/Shell Group said Thursday that it was merging the two publicly traded entities that make up the company and unifying their boards, ending a nearly 100-year-old corporate structure.
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LONDON -- The Royal Dutch/Shell Group said Wednesday that it would sell as much as $12 billion in assets, spend $45 billion on new projects and consider some acquisitions as it tries to bolster oil and gas production.