Energy Giant Shell

Energy giant Shell said it is removing life-sized cutouts of a Malaysian woman in a headscarf from its petrol stations in the Muslim-majority country after photos of men groping the figure started circulating online.

Royal Dutch Shell's net profit collapsed 71 per cent in the second quarter on the back of ultra-low oil prices, the British energy giant said on Thursday.

US President Barack Obama's administration on Monday approved petroleum giant Shell's request to drill for oil and gas in the Arctic under certain conditions, despite opposition from environmental groups.

RIL, which has faced numerous delays in getting approvals and shifting goal-posts, said the country did not have a stable policy regime and this was responsible for exit of global energy giants like Royal Dutch Shell, BHP Biliton of Australia, Statoil of Norway and Brazil's Petrobras.

China's biggest energy firm, PetroChina, will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second project at the field, industry sources said.

Oil and Natural Gas Corp's (ONGC) $5 billion deal to acquire US energy giant ConocoPhillips' stake in a Kazakhstan oil field is likely to fall through as India hasn't been able to convince the Central Asian nation to approve the transaction.

Anglo-Dutch oil giant Royal Dutch Shell's India unit plans to invest $1 billion in building a floating liquid gas (LNG) terminal off Andhra coast by 2014 as it bets big on gas retailing in the energy deficit country.

Greenpeace activists forced a temporary shutdown of Shell petrol pump near the WEF meeting venue here this morning and called for the energy giant to be suspended from the influential annual global economic meet being held in Davos.

Energy giant Shell said it is removing life-sized cutouts of a Malaysian woman in a headscarf from its petrol stations in the Muslim-majority country after photos of men groping the figure started circulating online.

Royal Dutch Shell's net profit collapsed 71 per cent in the second quarter on the back of ultra-low oil prices, the British energy giant said on Thursday.

US President Barack Obama's administration on Monday approved petroleum giant Shell's request to drill for oil and gas in the Arctic under certain conditions, despite opposition from environmental groups.

RIL, which has faced numerous delays in getting approvals and shifting goal-posts, said the country did not have a stable policy regime and this was responsible for exit of global energy giants like Royal Dutch Shell, BHP Biliton of Australia, Statoil of Norway and Brazil's Petrobras.

China's biggest energy firm, PetroChina, will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second project at the field, industry sources said.

Oil and Natural Gas Corp's (ONGC) $5 billion deal to acquire US energy giant ConocoPhillips' stake in a Kazakhstan oil field is likely to fall through as India hasn't been able to convince the Central Asian nation to approve the transaction.

Anglo-Dutch oil giant Royal Dutch Shell's India unit plans to invest $1 billion in building a floating liquid gas (LNG) terminal off Andhra coast by 2014 as it bets big on gas retailing in the energy deficit country.

Greenpeace activists forced a temporary shutdown of Shell petrol pump near the WEF meeting venue here this morning and called for the energy giant to be suspended from the influential annual global economic meet being held in Davos.