Shell fears swoop by French oil giant Total: report
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The Anglo-Dutch oil company Royal Dutch Shell, one of the world's biggest, is bracing itself for a raid by France's Total.
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Shares in the French oil major Total gained in early trading after the company revealed stronger-than-expected growth at its refining and chemical operations, pushing third quarter net profit above consensus forecasts.
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The Anglo-Dutch oil giant Shell today sought to draw a line under its reserves scandal by announcing plans to spend $15bn (Â£8.4bn) a year to replenish reserves and develop production in its oil and gas business.
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LONDON, August 26 (New Ratings) - The beleaguered global oil giant, Shell (SHE1.ETR), has been reportedly asked by the Nigerian government to pay $1.
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Anglo-Dutch oil firm Shell is considering the position of a number of workers as part of a review of its operations.
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UK regulators said Royal Dutch/Shell Group, Europe&#39;s second-largest oil company, was guilty of ``unprecedented misconduct&#39;&#39; in overstating reserves that led to fines of $151.
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PARIS : French oil group Total said it had signed an agreement to acquire a 25 percent stake plus one additional share in Russian natural gas producer Novatek, without disclosing the financial terms of the deal.
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Scandal-hit oil giant Royal Dutch/Shell will invest $45 billion (25 billion pounds) over three years to boost reserves and production but its shares have fallen on disappointment
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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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HONG KONG (CBS.MW) -- Anglo-Dutch oil giant Royal Dutch/Shell said Friday it has pushed back its annual shareholders meeting and may delay its 2004 financial report if it needs to restate more of its proven oil and gas reserves.
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Shell reports a record profit for a UK-listed company of Â£9.3bn but also restates its oil reserves again.
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By Daily Mail, London  Sep. 6--Russia's environmental watchdog has opened up a new front in its  attack on Shell's huge Sakhalin-2 oil and gas project.
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Amid speculation the French oil group Total could attempt a hostile takeover of rival Royal Dutch/Shell, remarks by a top Total executive and market analysts suggest the time is not right for such a move.
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CANNES, France  - Concerns about soaring oil  prices and terrorism have injected fresh caution into global  markets over the last six months, executives and investors said  at a technology conference in Cannes.
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French oil giant Total said that 2006 adjusted net profit soared to 15.8 billion dollars, a record figure for any French company that revived pressure on the group to make a greater contribution to the common good.
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After months of pressure from Russian regulators, Shell offered to sell a stake in its oil and gas development to Gazprom.
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OIL group Shell has pledged to invest $45bn (Â£25bn) and make major disposals in a shake-up of the business, following its reserves crisis earlier this year.