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Shell To Invest Up To $2.4 Billion In Mexican Deepwater Oil Projects

2019-06-14 04:12:14| OGI

Mexico's oil regulator on June 13 approved exploration plans for four deepwater areas operated by Royal Dutch Shell , after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.

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Offshore Spending Surge Risks Overruns Up To $110 Billion By 2023

2019-06-13 17:31:29| OGI

A rush to accelerate projects, especially those involving tailor-made designs, increases the uncertainty of their final costs, typically 20% above or below the initial estimate.

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Petrobras Says Bids For Shallow Water Fields Surpass $1 Billion

2019-06-13 17:16:24| OGI

The transaction is still subject to internal approvals, the company said, adding the bids were received on June 5.

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Global pay TV subscriptions to grow to 1.10 billion by 2024

2019-06-13 07:00:03| Digital TV News

Digital TV Research forecasts 81 million additional pay TV subscribers between 2018 and 2024 - up by 8%. This will take the global total to 1.10 billion. Based on forecasts for 138 countries, the number of pay TV subs passed 1 billion in 2018.

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Shell To Sell California Refinery For Up To $1 Billion

2019-06-12 15:25:37| OGI

Shell has been trying to sell the Martinez refinery located in Northern California for a least four years, according to a report by Reuters.

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