Shell

Royal Dutch Shell plc has agreed to acquire UK-based BG Group plc in a deal worth about US$69.6 billion. Shell would see its proved reserves grow about 25% and would become the world’s largest producer of liquefied natural gas (LNG).

More than two years after it signed an option to buy a 300-acre plot of land in western Pennsylvania for its proposed multi-billion dollar ethane cracker, Royal Dutch Shell plc affiliate Shell Chemical LP is moving forward with its purchase and will soon begin preliminary site development.

Royal Dutch Shell plc on Thursday announced two more agreements in a bid to restructure its North American portfolio and realign its shale operations with the divestiture of 126,000 net acres in North Louisiana’s Haynesville Shale and the Pinedale Anticline of Wyoming.

A recent air quality permit application filed with Pennsylvania regulators by Shell Chemical Appalachia LLC for a multi-billion dollar ethane cracker gives an early glimpse of the project after years of speculation about the company’s plans.

Employees of Royal Dutch Shell plc and ExxonMobil Corp. were reported to be among the 298 victims of Malaysian Airlines Flight 17, which was shot down by a missile fired by unknown assailants over Ukraine on Thursday.

A U.S. unit of Royal Dutch Shell plc has hit another discovery in the Norphlet formation in the eastern deep waters of the Gulf of Mexico (GOM), its third successful well in the play.

Royal Dutch Shell plc has shelved plans to drill in Alaska’s offshore this year and is reviewing options for the business unit, CEO Ben van Beurden told shareholders on Tuesday.

The Obama administration, joined by Royal Dutch Shell plc, has asked an Alaska district court to allow the U.S. Department of Interior to revise an environmental impact statement (EIS) used to support the Chukchi Sea lease sale in 2008.

The grounding of Royal Dutch Shell plc's Mobile Offshore Drilling Unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, in late December 2012 was mainly due to a failure of personnel to assess and manage the risks of towing the rig in heavy seas, the U.S. Coast Guard (USCG) said in a report on the incident issued Thursday.