Shell has been criticised for spending too much and not rewarding shareholders enough

Royal Dutch Shell will sell some of its North Sea oilfields as part of a $15 billion divestment programme over the next two years overseen by its new (...)

Myles Lee, chief executive of CRH.  The company had a poor day on the Dublin stock exchange yesterday. Photograph: Alan Betson / The Irish Times

Stocks were generally a touch stronger yesterday, as investors took comfort from Federal Reserve nominee Janet Yellen’s comments on taking care not to(...)

Exxon and other large oil companies struggling to boost production in recent years have spent heavily on new projects. In the first nine months of this year, Exxon alone spent $33 billion.

Exxon Mobil, the world’s largest publicly traded oil company, has reported higher-than-expected quarterly results as output rose for the first time in(...)

South African Mineral Resources Minister Susan Shabangu: made announcement at a briefing in Pretoria following a cabinet meeting. Photograph: Getty Images

All new oil and gas projects in South Africa will have to cede a 20 per cent free stake to the state under new legislation approved by government, min(...)

One of the more popular shares of the day in Dublin was Paddy Power, which saw approximately 250,000 shares change hands, a good number for the stock. Photograph: Dara Mac Dónaill

Stock markets treaded water yesterday. European markets dipped slightly, in the main, despite positive data on Chinese exports, while in the US the ma(...)

Shell E&P Ireland (Sepil) has said it “unequivocally rejects” the allegations “regarding delivery at any time of alcohol to An Garda Siochána” on (...)

The Royal Dutch Shell  platform off  Ingleside in Texas. Analysts Bernstein estimated that Shell lost $4.54 for every barrel it produced in the Americas, the location of almost a quarter of its output.  Photograph: Eddie Seal/Bloomberg

Royal Dutch Shell, the oil and gas giant, is continuing to struggle in Nigeria and North America, the company revealed today in announcing earnings th(...)

Shell said it took a $700 million hit for Nigeria theft. The company recently put more of its Niger Delta activities up for sale. Photograph: Simon Dawson/Bloomberg

Rising costs and a surge in oil thefts in Nigeria, among other factors, hit Royal Dutch Shell’s second quarter profits, a result that outgoing chief e(...)

Royal Dutch Shell has annoucned Ben van Beurden is to succeed Peter Voser as chief executive officer of the oil company Photograph: Simon Dawson/ Bloomberg.

Royal Dutch Shell has annoucned Ben van Beurden is to succeed Peter Voser as chief executive officer of Europe’s biggest oil company. Mr Van Beurden (...)

Statoil:  says new tax increases announced in Norway  last month had lessened the attractiveness of some projects

Another Arctic oil project has been postponed with Statoil delaying the development of its Johan Castberg field in the Barents Sea. The oil major, maj(...)

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