Shell increases 2004 spending in Europe
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LONDON -- Royal Dutch/Shell Group on Wednesday announced a $150 million increase in the amount of money it will spend in 2004 on exploration and production in Europe, bringing the total to $1.
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Local analysts said the jump in world oil prices, if sustained, could push up petrol prices another 42c/l in coming months, boosting inflation and slowing down spending in the economy.
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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.
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Oil giant Royal Dutch Shell Plc (RDSa.L)  beat forecasts on Thursday to report a 36 percent rise in  second-quarter current cost of supply net profit, which strips  out changes in inventory values, to $6.3 billion, thanks to  high oil prices.
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LONDON/NEW YORK  - Royal Dutch Shell will go ahead with a 325,000 barrel-per-day capacity expansion of its Motiva refinery in Port Arthur, Texas, that will make the plant one of the biggest in the world.
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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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The European Commission pledged an  additional 350 million euros ($462 million) over three years on  Thursday to relief efforts for the devastating Dec. 26 Indian  Ocean earthquake and tsunami.
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Energy giant Shell announces an annual profit of Â£9.32bn - a record for a UK-listed company.
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Royal Dutch/Shell Group, ending a century-old ownership structure, will combine its parent companies in the UK and Netherlands to rebuild investor confidence after writing down its reserves four times this year.
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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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Exxon said it would spend much of the record $39.5 billion it earned last year by increasing investment in oil and natural gas projects.
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The European Commission said it had approved the acquisition by Spain's Repsol YSF of most of the Portuguese products and businesses belonging to Anglo-Dutch oil giant Shell.
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U.S. advertising spending rose 6.4 percent in the first half of 2004, driven by double-digit increases from top automakers and battleground state advertising for the two presidential candidates, tracking firm Nielsen Monitor-Plus said on Tuesday.
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Shell has pledged to spend more cash on finding oil and gas over the next three years as the world&#39;s No.3 oil company admitted that its production was likely to be flat until 2009.
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CALGARY - Shell Canada Ltd. and its partners will undertake a massive $4-billion expansion at its oilsands project in Alberta&#39;s northeast, despite cost overruns of billions of dollars on the initial construction
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LONDON, England -- Royal Dutch/Shell plans to boost exploration and production in a bid to restore confidence in the scandal-hit oil giant.
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Royal Dutch Shell PLC reported a 40 percent rise in second-quarter earnings Thursday, helped by high oil prices.