ROYAL Dutch Shell warned yesterday that it may have to sell some assets in the North Sea and reduce investment in the region because of the Chancellor's tax raid and higher industry decommissioning costs in the Budget.
OIL majors Shell and BP will announce similar first-quarter profit figures this week, but the shadow of the Deepwater Horizon disaster means they will be regarded very differently by investors.
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OIL major Royal Dutch Shell yesterday announced plans to invest $100 billion (£62.4bn) in new projects as it seeks to boost production to meet soaring demand from emerging markets.
Oil giant Shell has been accused of breaching environmental and health and safety legislation after an explosion and fire at a gas terminal in 2008.
STRICKEN oil giant BP still has its own public relations and balance sheet challenges to address following the Gulf of Mexico disaster, but the rest of "Big Oil" has shown it is profit-gushing business as usual in an era of higher oil and gas prices and rosier refining margins.
RISING oil and gas prices and higher margins saw global oil giants - including Shell - yesterday reveal bumper profits for the third quarter of the year.
SHELL pumped up the pressure on BP yesterday with a near-doubling of headline profits as the oil giant also unveiled plans to echo its beleaguered rival by boosting asset sales in an "uncertain" environment.
SHELL is paying £3.22 billion to buy US explorer East Resources to give it more exposure to promising shale gas reserves in North America.
INVESTORS in oil major Shell have rejected a resolution seeking to challenge the company's multi-billion investments in Canadian oil sands projects.
ATTEMPTS by Royal Dutch Shell to address its production difficulties will be in the spotlight this week, alongside updates from retailers Debenhams and French Connection.
ROYAL Dutch Shell is freezing salaries for its top executives in the wake of last year's shareholder protests at its pay plans.
ROYAL Dutch Shell, Europe's largest oil company, said it would lay off another 1,000 staff this year after revealing profits at the end of 2009 fell by three quarters.
OIL giants BP and Shell will unveil contrasting fourth-quarter profit performances this week, with BP's more advanced efficiency programme and greater exposure to the oil price helping it to steal a march on its rival.
SHELL was cast into the shadow of arch-rival BP yesterday as the oil major unveiled a 73 per cent slump in profits, and announced it was axing 5,000 jobs worldwide this year.
BRITAIN'S largest oil companies will come under pressure over their dividend payments this week when they reveal a major fall in profits.
OIL giant Shell has agreed to a £9.6 million settlement to end a lawsuit alleging it was complicit in the execution of the Nigerian activist Ken Saro-Wiwa.
OIL major Royal Dutch Shell yesterday confirmed a sweeping restructuring and boardroom overhaul in a move affecting about 24,000 staff.
THE FTSE's two-month climb came to an end as a warning from the Bank of England that Britain would experience a "slow and protracted" recovery quashed investor enthusiasm.
ROYAL Dutch Shell revealed yesterday that it would boost production by 2 to 3 per cent annually over the next four years – ahead of major rival BP's stated target of 1 to 2 per cent.
ROYAL Dutch Shell is to maintain its massive capital spending in 2009, as the oil giant yesterday also reassured its investors that it would not be at the expense of future dividends.