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Royal Dutch Shell PLC (RDSa.N)

RDSa.N on New York Stock Exchange

60.70USD
17 Oct 2017
Change (% chg)

$-0.17 (-0.28%)
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$60.87
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Volume
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Latest Key Developments (Source: Significant Developments)

Shell has signed an agreement to buy NewMotion
Thursday, 12 Oct 2017 07:43am EDT 

Oct 12 (Reuters) - Shell :Shell steps up its electric vehicle charging offer​.‍Under terms of deal, NewMotion will continue business as usual as a wholly owned subsidiary of Shell​.  Full Article

Shell divests its interest in Comgas for headline of $380 mln
Tuesday, 10 Oct 2017 06:34pm EDT 

Oct 10 (Reuters) - Shell -:Shell divests its interest in Comgas for a headline of $380 million‍​.Shell Gas Bv, Shell Brazil Holding Bv and Integral Investments Bv signed an agreement with Cosan Ltd.Agreement with Cosan to execute put option agreement which allows Shell to sell all of its 16.8% interest in Comgas to Cosan.Shell will exchange its 21.8 million common shares in Comgas for Cosan S.A. shares plus cash.Headline for the transaction with Cosan is approximately US$380 million.  Full Article

Shell to seek sale of stake in $1.4 bln wind farm - Bloomberg
Monday, 2 Oct 2017 12:10pm EDT 

Oct 2 (Reuters) - Mitsubishi Corp <8058.T>:Shell to seek sale of stake in $1.4 billion wind farm - Bloomberg, citing sources.Shell and its partners seeking to sell stake to reduce ownership in Borssele III and IV wind farms by as much as 45 percent - Bloomberg.  Full Article

NAM to sell 18 percent of Noordgastransport to SL Capital
Monday, 2 Oct 2017 08:33am EDT 

Oct 2 (Reuters) - Exxon Mobil Corp , Shell :Shell, Exxon joint venture NAM to sell its 18 stake in North Sea gas pipeline Noordgastransport to Scotland's SL Capital, FD newspaper reports.No terms disclosed.Noordgastransport had net profit of 63.5 million euros ($74 million) in 2016.  Full Article

Statoil partners with Shell, Total on CCS project in Norway
Monday, 2 Oct 2017 06:03am EDT 

Oct 2 (Reuters) - Statoil Asa :Statoil, Shell <<>> and Total ROTF.PA agree to work on a carbon capture and storage (CSS) project in Norway.CO2 captured from onshore industrial facilities in Eastern Norway will be transported by ships to a receiving terminal on the west coast and later by pipes to inject in wells east of the Troll field the Norwegian continental shelf (NCS).First phase of the project could reach a capacity of storing about 1.5 million CO2 tonnes per year.The project, a part of Norwegian authorities' efforts to develop full-scale commercial carbon capture and storage in Norway .State agency Gassnova awarded Statoil a contract to develop the first phase of the storage project in June nL8N1JR4ED.In the future, other countries could potentially send CO2 to be stored on the NCS .  Full Article

San Francisco, Oakland sue five companies ​over costs of climate change
Wednesday, 20 Sep 2017 01:15pm EDT 

Sept 20 (Reuters) - City Attorney of San Francisco::San Francisco and Oakland sue Chevron, ConocoPhillips, Exxon, BP, Royal Dutch Shell​‍ ​over costs of climate change.  Full Article

Shell looks to invest $1 bln to back Mexican expansion plan
Wednesday, 6 Sep 2017 03:51am EDT 

Sept 6 (Reuters) - SHELL ::‍ON TUESDAY OPENED ITS FIRST SERVICE STATION IN MEXICO, WITH MORE SITES DUE TO START PROVIDING FUELS AND RETAIL SERVICES OVER NEXT FEW MONTHS​.‍OVER NEXT 10 YEARS, IF MARKET CONDITIONS CONTINUE TO DEVELOP AT THEIR CURRENT RATES, SHELL PLANS TO INVEST AROUND $1 BILLION IN MEXICO​.  Full Article

Aker Solutions wins Shell Norway contract
Thursday, 31 Aug 2017 03:00am EDT 

Aug 31 (Reuters) - Aker Solutions Asa :Wins brownfield modifications and maintenance support contract from Shell in Norway for the Nyhamna and Draugen facilities.agreement has a fixed period of four years and may be extended by up to seven years.While volumes will vary from year to year, the contract provides work for Aker Solutions' west coast operations, particularly the division in Kristiansund.The companies agreed to not disclose the financial value of the contract, which will be booked as part of Aker Solutions' third-quarter orders.  Full Article

Shell says shut production at Enchilda Salsa facility due to hurricane Harvey
Thursday, 24 Aug 2017 11:41pm EDT 

Aug 24 (Reuters) - Royal Dutch Shell ::Shell says safely shut in production and secured its Enchilada Salsa asset (in the Gulf of Mexico) in response to downstream constraints created in preparation for hurricane Harvey.Shell says "some personnel will remain on Enchilada Salsa to ensure the safe operation of the facility’s downstream infrastructure".Harvey rapidly intensified on Thursday spinning into the potentially biggest hurricane to hit the mainland United States in 12 years and taking aim at the heart of nation's oil refining industry. nL2N1LA1UX.  Full Article

SABIC completes acquisition of Shell Chemicals Arabia's 50 pct stake in Sadaf
Wednesday, 16 Aug 2017 08:10am EDT 

Aug 16 (Reuters) - SAUDI BASIC INDUSTRIES CORPORATION <2010.SE>:COMPLETES ACQUISITION OF SHELL CHEMICALS ARABIA'S ENTIRE 50 PERCENT STAKE IN SAUDI PETROCHEMICAL COMPANY (SADAF)FOR $820 MILLION.  Full Article