Shell and Unocal reverse course on natural gas project in China ...
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SINGAPORE Royal Dutch/Shell and Unocal are withdrawing from a multibillion-dollar natural gas project in China, the second high-profile exit from China of foreign oil companies in as many months.
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Russian prosecutors say Shell's Sakhalin 2 oil and gas project was illegally given environmental approval.
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LONDON (AP-CP) - Royal Dutch/Shell Group said today it will spend $45 billion (US) and sell up to $12 billion worth of assets to reinvigorate its underperforming oil and natural gas business.
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Global Development and Environmental Resources, Inc. (PINKSHEETS: GDVE) announced today that it filed a Federal lawsuit against various parties that originally supplied the shell that Global reversed into.
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Russia's Gazprom closed in on half of  Royal Dutch Shell's (RDSa.L) $22 billion Sakhalin-2 energy  project on Tuesday while Shell denied it had buckled under  Kremlin pressure and warned Moscow the world was watching.
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Exxon Mobil and ConocoPhillips yesterday rejected a deal to stay in multibillion-dollar projects that Venezuela is nationalizing, increasing the chances two of the world's top oil companies will leave the OPEC nation, two sources close to the talks said.
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Conoco Phillips is pulling out of its Venezuelan oil ventures after failing to agree on new contract terms with the populist government of President Hugo ChÃÂ¡vez, and Exxon Mobil said it had also reached an impasse in negotiations there.
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LONDON/AMSTERDAM  - Oil major Royal Dutch/Shell  Group RD.AS 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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The move threatens to slow the development of the largest oil find in the world in three decades.
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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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A listed Chinese company that sources jet fuel is in deep trouble after losing $550 million (R3.16 billion) in speculative oil trades, triggering concern over other China-linked stocks on the exchange.
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The New York Times reports that Chinese energy companies are maneuvering to strike ambitious deals in efforts to win access to Canadian oil.
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CNOOC to kick off bidding for untapped oil and gas resources in South China Sea    BEIJING, March 7 (Xinhua) -- China National Offshore Oil Corp.
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Scandal-hit oil giant Royal Dutch/Shell  will invest $45 billion over three years to boost reserves and  production but its shares fell on disappointment it did not  extend a stock buyback program.
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OAO Yukos Oil Co., Russia&#39;s biggest oil exporter, will lower crude-oil deliveries to China National Petroleum Corp. this month and supply no oil in October because the Russian company
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Business & money: Â· Lack of strategy threatens stance on global talksÂ· Indecision over nuclear stopping green investment
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A Russian plan to re-route a significant amount of natural gas from a huge new field originally intended for the US market to Europe is a political move linked to deteriorating US-Russian relations, analysts have said.