Featured Shell completes sale of Egypt onshore assets to Cheiron and Cairn Amwal Al Ghad English Sep 26, 2021 0 Royal Dutch Shell, through subsidiaries Shell Egypt and Shell Austria, completed the sale of upstream assets in…
Tech/AI Egypt signs 12 oil, gas exploration agreements with $1bn investments Mahmoud Shaaban Jun 21, 2020 0 Egypt signed 12 agreements with major international companies for oil and gas exploration in the eastern and…
Tech/AI Shell cuts dividend for the first time since World War II Amwal Al Ghad English May 1, 2020 0 Oil giant Royal Dutch Shell announced on Thursday cutting its dividend to shareholders for the first time since…
Featured Egypt reaches preliminary oil, gas deals in Mediterranean with five energy firms Amwal Al Ghad English Feb 15, 2020 0 Egypt has reached initial agreements with five major energy companies to explore for oil and gas in deep waters in…
Featured Chevron, Shell, Mubadala win Egypt’s Red Sea oil and exploration concessions Amwal Al Ghad English Dec 29, 2019 0 Chevron, Royal Dutch Shell, and Mubadala were announced the winners in one of Egypt’s international oil and gas…
Industry & Trade Royal Dutch Shell to quit US refining lobby over climate disagreement Amwal Al Ghad English Apr 3, 2019 0 Royal Dutch Shell became on Tuesday the first giant oil and gas firm to unveil plans to leave a leading U.S.…
Featured Shell to increase LNG exports from Egypt in 2019 Amwal Al Ghad English Feb 12, 2019 0 Royal Dutch Shell Plc plans to increase liquefied natural gas exports from Egypt this year as it ramps up…
Industry & Trade Shell plans to sell Iraq’s Majnoon oilfield: officials Yomna Yasser Sep 13, 2017 0 Royal Dutch Shell is seeking to sell Iraq’s Majnoon oilfield and the oil ministry has started preparations to…
Industry & Trade Egypt signs $81.4 mln of oil and gas deals with Shell, Apex Yomna Yasser Aug 29, 2017 0 Egypt’s Oil Minister Tarek el-Molla has signed Tuesday three oil and gas exploration agreements for 16 new fields…
Industry & Trade Shell considering buying Israeli, Cyprus gas for Egypt plant Yomna Yasser Aug 21, 2017 0 Royal Dutch Shell Plcis in talks to buy natural gas from Israel’s Leviathan field, combine it with output…
Industry & Trade Shell plans to spend $1 bln annually on clean energy by 2020 Yomna Yasser Jul 10, 2017 0 Royal Dutch Shell Plc is planning to spend as much as $1 billion annually on its New Energies division as the…
Industry & Trade Energy giants court Qatar for natural gas expansion role despite crisis Yomna Yasser Jul 6, 2017 0 Three of the West's biggest energy corporations are lobbying Qatar to partake in a huge expansion of its gas…
Industry & Trade Shell plans new Egypt investment Yomna Yasser Jun 21, 2017 0 Royal Dutch Shell Plc is planning new investments in Egypt’s petroleum sector, given that the country enjoys…
Industry & Trade Singapore carbon tax to hit Shell, ExxonMobil profit margins: analyst Yomna Yasser Feb 23, 2017 0 Oil majors Royal Dutch Shell and ExxonMobil could witness a 10 to 15 percent hit to profit margins at their…
Industry & Trade Shell 2016 earnings slide 8% y-o-y Yomna Yasser Feb 2, 2017 0 Oil major Royal Dutch Shell reported fourth-quarter earnings of $1.0 billion, compared with $1.8 billion for the…
Industry & Trade Shell names Gasser Hanter to lead Egypt business Yomna Yasser Dec 8, 2016 0 Royal Dutch Shell has appointed Gasser Hanter to head its Egypt business, the company announced in a statement on…
Industry & Trade Shell posts better quarterly profit, yet warns that ‘outlook remains… Yomna Yasser Nov 1, 2016 0 Royal Dutch Shell, the Anglo-Dutch multinational oil firm, has registered better-than-expected earnings for its…
Industry & Trade BP produces 650m ft3 from Egypt’s Taurus and Libra fields Noha Gad Oct 18, 2016 0 BP signed an agreement with Royal Dutch Shell to process 650m cubic feet of gas, produced from its North Alexandria…
Industry & Trade Shell investments in Egypt’s Western Desert oil fields hit $450m in 2015 Noha Gad Oct 12, 2016 0 The Royal Dutch Shell raised its investments in concession areas at Egypt's Western Desert by 15 percent to US$450…
Industry & Trade Shell lowers investments in Egypt’s Borollos, Rasheed concessions to $159m Noha Gad Oct 9, 2016 0 Royal Dutch Shell reduced its investments for the current fiscal year (FY) in Borollos and Rasheed concessions to…
World FTSE 100 snaps 3-day losing streak as oil majors rebound Yomna Yasser Sep 28, 2016 0 U.K. stocks surged for the first time in four sessions Wednesday, with oil companies rebounding ahead of the highly…
Industry & Trade Shell announces new gas find in Egypt with 500bn cubic ft reserves Yomna Yasser Aug 31, 2016 0 Royal Dutch Shell announced Wednesday a new natural gas discovery in Egypt’s Western Desert. The company said in a…
Industry & Trade Panama Canal recent revamp eases U.S. LNG access to China Yomna Yasser Aug 25, 2016 0 The first shipment of liquefied natural gas from the lower 48 U.S. states to China has arrived this week, thanks to…
World FTSE 100 drops as oil prices stay mired in bear territory Yomna Yasser Aug 2, 2016 0 Stocks in the U.K. dropped on Tuesday, with energy shares falling as oil prices linger in bear-market territory,…
Industry & Trade Shell misses expectations with 70 percent earnings plunge Noha Gad Jul 28, 2016 0 Royal Dutch Shell (RDSa.L) reported a more than 70 percent fall in quarterly profit on Thursday, well below analyst…
Industry & Trade Shell’s Philippine unit still targets IPO in 2016 Yomna Yasser Jun 15, 2016 0 Pilipinas Shell Petroleum Corp. has assured the Philippine government that its plan to undertake an initial public…
Industry & Trade Shell to exit up to 10 countries after BG deal Noha Gad Jun 7, 2016 0 Royal Dutch Shell (RDSa.L) will exit oil and gas operations in up to 10 countries in a drive to deepen cost cuts…
World FTSE 100 on course for day 3 of gains as commodity stocks run higher Yomna Yasser Jun 7, 2016 0 U.K. stocks surged Tuesday, with gains for mining shares and oil heavyweight Royal Dutch Shell PLC helping the…
World UK FTSE 100 tips toward third straight decline Yomna Yasser Apr 4, 2016 0 U.K. stocks are struggling for direction Monday, though energy company shares slipped as oil prices continued to…
Industry & Trade BG Egypt halts some development wells over gas price disagreement Yomna Yasser Mar 22, 2016 0 BG Egypt has suspended work at some development projects in Egypt after the company could not reach agreement over…
World FTSE 100 inches higher as Fed fuels rally in mining stocks Yomna Yasser Mar 17, 2016 0 U.K. stocks staged a broad-based rally Thursday after the U.S. Federal Reserve had decided to slow the pace of…
Industry & Trade Apache, Shell target Egypt for unconventional gas in June Yomna Yasser Mar 14, 2016 0 Apache Corp. and Royal Dutch Shell plan to commence producing unconventional gas from their joint venture in…
World European stocks pare gains with oil as Credit Suisse falls Yomna Yasser Feb 4, 2016 0 European stocks pared Thursday an earlier advance as oil trimmed its rise while the euro strengthened. The Stoxx…
Industry & Trade Shell vows more cuts as annual profit sinks on weak oil prices Noha Gad Feb 4, 2016 0 Royal Dutch Shell (RDSa.L), Europe's largest oil company, reported its lowest annual income in at least 13 years on…
Industry & Trade Shell shareholders approve $50 billion BG takeover aya salah Jan 28, 2016 0 Royal Dutch Shell (RDSa.L) shareholders approved its $50 billion takeover of BG Group (BG.L) on Wednesday,…
World London stocks teeter toward sixth straight decline Yomna Yasser Aug 18, 2015 0 U.K. stocks dropped Tuesday, pulling the benchmark FTSE 100 toward a sixth consecutive loss. The FTSE 100 UKX,…
Industry & Trade U.S. permits Shell to drill for oil in Arctic off Alaska Yomna Yasser Aug 18, 2015 0 The U.S. government gave Monday Royal Dutch Shell a final green light to drill for oil and natural gas in the…
Industry & Trade Brazil clears $70 bln BG-Shell Merger: BG Noha Gad Jul 25, 2015 0 BG Group Plc on Friday confirmed that it has received final unconditional clearance from Brazilian competition…
Industry & Trade Shell signs $15.3 billion Bridge Loan Noha Gad May 2, 2015 0 Royal Dutch Shell (RDSa.L) has agreed a 10.07 billion pound ($15.28 billion) bridge loan from a group of…
World FTSE 100 records best April among Europe’s Benchmarks Indexes Yomna Yasser Apr 30, 2015 0 U.K. stocks pulled out a big win on Thursday, shrugging off worries about global growth, as a raft of corporate…