Royal

A subsidiary of Royal Dutch Shell plc has offered to pay localities millions for lost tax revenue affected by its proposed “world-scale” ethane cracker.

Quicksilver Resources Inc. has executed an agreement with the U.S. exploration arm of Royal Dutch Shell plc to establish an area of mutual interest (AMI) covering more than 850,000 acres of the Sand Wash Basin in northwestern Colorado.

Quicksilver Resources Inc. has executed an agreement with the U.S. exploration arm of Royal Dutch Shell plc to establish an area of mutual interest (AMI) covering more than 850,000 acres of the Sand Wash Basin in northwestern Colorado.

Royal Dutch Shell, which has spent nearly $5 billion over the past seven years to drill in Alaska’s offshore, suspended its plans to drill for oil and natural gas in Arctic waters this year due to damage to a containment system caused by sea ice.

Chesapeake Energy Corp. last week pulled the trigger on multiple agreements to sell most of its Permian Basin properties to Royal Dutch Shell plc and Chevron Corp., clinched transactions with Global Infrastructure Partners (GIP) for the rest of its midstream assets and unloaded other properties that together give the cash-strapped producer total net proceeds of $6.9 billion.

Chesapeake Energy Corp. on Wednesday clinched multiple agreements to sell most of its prized Permian Basin properties to heavyweights Royal Dutch Shell plc and Chevron Corp. and its remaining midstream properties to Global Infrastructure Partners (GIP), which together with other asset sales would give the cash-strapped producer total net proceeds of $6.9 billion.

Chesapeake Energy Corp. on Wednesday pulled the trigger on multiple agreements to sell most of its Permian Basin properties to Royal Dutch Shell plc and Chevron Corp., and it clinched transactions with Global Infrastructure Partners (GIP) for the rest of its midstream assets, which together would give the cash-strapped producer total net proceeds of $6.9 billion.

Just one day after it began, Royal Dutch Shell plc on Monday halted drilling in Alaska’s Chukchi Sea for safety reasons as sea ice began moving toward a drillship.

The Obama administration last week gave a unit of Royal Dutch Shell plc the green light to begin “limited” drilling in Alaska’s Chukchi Sea.