Shell unveils $4B in plans
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Shell Canada outlined $4 billion worth of expansions and de-bottlenecking at its Athabasca Oil Sands Project yesterday. The work will eventually bring the project to 500,000 barrels per day in production.
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The Canadian government moved forward with plans to sell its C$3.04 billion ($2.36 billion) stake in Petro-Canada, as the oil company filed offering documents with US and Canadian regulators.
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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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Anglo-Dutch oil group Royal Dutch Shell has posted record annual net profit of 25.44 billion dollars (19.54 billion euros) but saw output falter due partly to production problems in Nigeria.
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LONDON : 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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The company announces a huge four-year restructuring plan.
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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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Oil giant Royal Dutch Shell reports record annual profits for a UK company, making Â£13.9bn.
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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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Oil giant Shell is reportedly set to announce the largest profit in UK corporate history on the back of record oil prices.
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Royal Dutch/Shell Group announced Wednesday that it would spend US$1.8 billion on exploration and production in the North Sea, including building a pipeline to transfer gas from Norway to Britain.
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Enbridge Inc.ENB.TO said on Wednesday  it will buy Shell's natural gas pipeline in the Gulf of Mexico  for $613 million, in a move that will make the Canadian company  a major natural gas transporter in the area.
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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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Royal Dutch/Shell announced plans to boost spending on exploration and production while selling non-core assets, making the replacement of its missing reserves a priority in restoring battered investor confidence.
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Royal Dutch Shell Plc  said on Thursday its fourth-quarter current cost of supply (CCS) net profit rose 14 percent to $6 billion.
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Royal Dutch/Shell Group, the third- largest publicly traded oil company, plans to increase spending to $15 billion a year and drill more to replenish oil and gas reserves that had been overstated for years.
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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.