Money Morning (Free subscription) | 11/07/2009
By Jason Simpkins Managing Editor Money Morning Exxon Mobil Corp. (NYSE: XOM) and Royal Dutch Shell PLC (NYSE ADR: RDS.A, RDS.B) on Thursday won the right to develop Iraq’s West Qurna-1... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.
The Air Force Pundit (Free subscription) | 11/06/2009
Deal Would Pay Set Fee for Developing Giant Field With Royal Dutch Shell By GINA CHON BAGHDAD—The Iraqi Oil Ministry on Thursday said it has awarded a consortium led by Exxon Mobil Corp. and Royal Dutch Shell PLC the right to develop the West Qurna-1 oil field, representing the first American-led team gaining access to the country's oil patch. The pact is the latest in a series of deals Iraq...
The Washington Times (Free subscription) | 11/06/2009
BAGHDAD | A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq's most prized oil fields, as the Organization of the Petroleum Exporting Countries looks to revamp its battered energy sector. The deal to develop the 8.6 billion West Qurna Stage 1 field is the third such agreement in less than a week...
People Daily (Free subscription) | 11/06/2009
The Iraqi Oil Ministry said Thursday it has awarded a consortium led by Exxon Mobil Corp. and Royal Dutch Shell PLC a license to develop its West Qurna phase 1 oilfield. Iraqi Oil Minister Hussein al-Shahristani told a press conference that the agreement was "signed initially and will be inked officially within a week after the government approves it." The oilfield has reserves of some 8.5...
Iraqi Mojo (Free subscription) | 11/05/2009
"The Iraqi Oil Ministry on Thursday said it has awarded a consortium led by Exxon Mobil Corp. and Royal Dutch Shell PLC the right to develop the West Qurna-1 oil field, representing the first American-led team gaining access to the country's oil patch. The pact is the latest in a series of deals Iraq has recently signed or initialed with some of the world's biggest oil companies. Earlier this...
Houston Chronicle (Free subscription) | 11/04/2009
Royal Dutch Shell Plc, Europe's largest oil company, said its Nigerian venture is taking advantage of a declared cease-fire to quickly restore 800,000 barrels a day of production lost to earlier militant attacks.
SeekingAlpha Energy Stocks (Free subscription) | 11/02/2009
Zacks.com submits: Energy major Royal Dutch Shell PLC’s ( RDS.A ) third-quarter earnings per ADR, excluding non-recurring items, came in at 86 cents, which fell way short of the year-ago result at $2.62 and also missed the Zacks Consensus Estimate of 94 cents. The year-over-year negative comparisons were due to sharply lower upstream and downstream profitability. Revenue declined approximately...
People Daily (Free subscription) | 10/30/2009
Oil majors Royal Dutch Shell Plc and Eni warned of a slow recovery, highlighting weak energy demand and operational challenges, as their profits slumped. Shell, Europe's largest oil company by market value, said it was cutting 5,000 jobs to tackle the tough economic environment. The results and pessimistic outlook contrast with third- quarter earnings from London-based BP Plc which smashed forecasts...
turenchi (Free subscription) | 10/30/2009
Oil major, Royal Dutch Shell Plc, said it is cutting 5,000 jobs to deal with the harsh economic environment.The cut is part of a larger "Transition 2009" restructuring programme. It envisages that 10 per cent of the company's 102,500 global workforce will be affected.
The Houston Business Journal (Free subscription) | 10/29/2009
Royal Dutch Shell plc on Thursday said it will reduce its work force by some 5,000 employees following the company’s 62 percent drop in third-quarter net income.
San Fransisco Chronicle (Free subscription) | 10/29/2009
Royal Dutch Shell PLC, Europe's largest oil company, reported Thursday a 62 percent fall in profit for the third quarter due to lower oil prices, and said it plans to cut 5,000 jobs to cope with continuing weakness in the global economy. Shell said net profit... Sponsored Topics: Royal Dutch Shell - Petroleum industry - Business - World economy - Public limited company
Houston Chronicle (Free subscription) | 10/29/2009
Royal Dutch Shell Plc said it will comply with international rulings on gasoline supplies to Iran as part of United Nations sanctions against the country over its nuclear program.
US News & World Report (Free subscription) | 10/29/2009
Oct. 29 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company, said third-quarter profit fell 62 percent as the global recession cut demand for fuels, slashing crude and natural gas prices. Net income declined to $3.25 billion from $8.45 billion a year earlier, The Hague-based company said in a statement today. Excluding one-time items and [...]
PR News Wire (Free subscription) | 10/29/2009
LONDON, October 29 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc ("RDS") (NYSE: RDS.A) (NYSE: RDS.B) today announced an interim dividend in respect of the third quarter of 2009 of US$0.42 per A and B ordinary share, an increase of 5% over the US dollar dividend for the same quarter last year.
PR News Wire (Free subscription) | 10/29/2009
LONDON, October 29 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) today announced the intended timetable for the 2010 quarterly interim dividends.
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