Shell shock as oil giant merges to become one company
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The oil giant Shell yesterday unveiled plans to merge its British and Dutch halves into a single company under the control of a unified board in what marks the most sweeping
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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.
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Business & money: Over-50s travel and insurance group to merge with AA after ditching stock market flotation.
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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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Business & money: Oil giant agrees to withhold Â£1.5m owed to former chief executive while a court case is resolved.
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Halliburton's move to the United Arab Emirates shouldn't have been a surprise. It spotlights a major shift in the global oil industry
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SHELL&#39;S new chief executive Jeroen van der Veer is to be handed a beefed-up pay package as part of the planned merger of the firm&#39;s Dutch and British arms.
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The Royal Dutch/Shell Group of Cos. unveiled plans Thursday to merge its two holding companies after nearly a century apart, a response to a scandal over its downgrading of oil reserves. The company, which posted third-quarter profits double those of a year ago, also warned it might further reduce its proven oil reserves.
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Fresh from a new alliance with ConocoPhillips, Lukoil is trying to transform itself from a Russian oil company to an international oil giant.
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Oil company Royal Dutch/Shell Group plans to move to a unified corporate structure, ditching a century-old dual-ownership system blamed for contributing to a reserves overbooking scandal.
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Business & money: Restructuring programme launched last year by chief executive wiped out benefits of record oil prices
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Business & money: Shakeup after Â£11.1bn takeover by private equity group KKR and former deputy chairman Pessina.
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The deal will create a global offshore oil giant Energy firms Statoil and Norsk Hydro have unveiled plans to merge their offshore oil and gas operations, creating a global industry giant.Comment
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LONDON, October 28  - Royal Dutch/Shell Group has announced its plans to merge its two holding companies in the Netherlands and the UK, Royal Dutch Petroleum (ROY.
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The Royal Dutch/Shell Group of Cos., the parent company of Houston-based Shell Oil Co., plans to merge its two holding companies in a response to scandal over its downgrading of oil reserves, according to an Associated Press report on Thursday.
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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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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).