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Shell to cut Woodside holding by US$5 bn

2014-06-17 15:03:17| Oil & Gas - Topix.net

Royal Dutch Shell on Tuesday said it will reduce its stake in Woodside Petroleum, selling Aus$5.3 billion of stock as it focuses its Australian growth in directly owned assets.

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Unprofitable Shale Investments Force Shell To Cut Americas Spending

2014-03-13 18:08:00| OGI

Unprofitable shale investments contributed to a 48% slump in profit in the fourth-quarter, the Anglo-Dutch company said Jan. 30.

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Shell cuts deal with U.S. to cut pollution at Houston refinery

2013-07-10 23:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Royal Dutch Shell Plc has agreed to cut pollution at its joint-venture 327,000 barrel per day (bpd) refinery in the Houston suburb of Deer Park, Texas, according to an announcement on Wednesday by the U.S. Justice Department and U.S. Environmental Protection Agency. Under the agreement, which will take the form of a consent decree entered in U.S. District Court, Shell will install at least $115 million worth of equipment that will cut pollution from safety flares at the Deer Park refinery and...

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