Shell to Spend More on North Sea Venture
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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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Royal Dutch/Shell Group agreed on Tuesday to finalized settlements with U.S. and UK regulators which will cost the oil giant &#36;150.7 million over its mis-statement of proven oil reserves.
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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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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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The worldâs third-largest oil firm also said it planned to dispose of Â£5.6bn to Â£6.7bn of non-core businesses over the three years and would look at &quot;focused acquisitions&quot; to create value.
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Royal Dutch/Shell plans to auction off its liquefied petroleum gas business, which is valued at more than one billion pounds.
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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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Business & money: Violent storms in the North Sea helped push global oil prices to new highs of just under $100 per barrel.
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ANCHORAGE (Bloomberg News) â Royal Dutch Shell, the oil company, offered to pay $2.1 billion in an oil and natural gas lease sale, becoming the biggest bidder for the rights in the Chukchi Sea off the coast of Alaska.
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Oil major Royal Dutch Shell is on the  brink of a deal to bring Russian gas monopoly Gazprom into the  $22 billion Sakhalin-2 project, a spokesman said on Sunday.
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Shell has reached a deal with Russia's Gazprom over the multi-billion dollar Sakhalin-2 oil and gas project, reports say.
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Oil major Royal Dutch Shell  is on the brink of a deal to bring Russian gas monopoly Gazprom  into the $22 billion Sakhalin-2 project, a spokesman said on Sunday.
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Gazprom  may pay Royal Dutch Shell Plc  for money already spent developing the Sakhalin-2 oil and gas fields if it buys a stake, but analysts do not expect the Russian giant to pay a premium for expected profits or control.
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BP could be forced to raise capital spending by $1.5bn (Â£820,000) next year because of sharply rising steel prices and increased competition for drilling rig services as oil companies lift investment to record levels.
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LONDON : Royal Dutch/Shell announced plans to boost investment in exploration and production, making the replacement of its reserves a top priority as it seeks to restore battered investor confidence.
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Royal Dutch Shell Plc (RDSa.L) reported  an 11 percent rise in current cost of supply (CCS) net income  to $6.7 billion on Thursday, as higher oil prices and one-off  gains helped to offset a fall in production.
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The Netherlands, Europe&#39;s No. 3 natural- gas producer, will pay Exxon Mobil Corp. and Royal/Dutch Shell Group 2.78 billion euros ($3.