Shell

Royal Dutch Shell plc has found another niche for global natural gas, a first-of-its-kind base oil that is the main component of motor oils.

The Pennsylvania Department of Transportation (PennDOT) said a subsidiary of Royal Dutch Shell plc wants to pay for relocating a portion of a state highway and for improvements to an interchange with an interstate highway in order to accommodate a proposed “world class” ethane cracker in the western part of the state.

Alaska offshore drilling is off the table and a proposed liquefied natural gas (LNG) export project for British Columbia (BC) is on the line as Royal Dutch Shell plc reconfigures its portfolio, CEO Ben Van Beurden said Thursday.

Royal Dutch Shell plc is casting off its stake in a major liquefied natural gas (LNG) export project in Western Australia for $1.35 billion.

For the first time in 10 years, Royal Dutch Shell plc has issued a profit warning, indicating on Friday that its fourth quarter earnings would be significantly lower, in part because of the commodity price environment.

Royal Dutch Shell plc on Thursday completed its purchase of Repsol SA’s liquefied natural gas (LNG) portfolio outside of North America, giving it a wider berth in the Atlantic Basin, as well as existing charter leases to substantially increase its global reach.

Shell Chemical LP has signed an amended purchase agreement that extends the period of time it has to buy a 300-acre site in Western Pennsylvania, which it continues to evaluate for a long-awaited ethane cracker that would convert ethane from the Marcellus Shale into ethylene.

Royal Dutch Shell plc will not proceed with its proposed 140,000 b/d Gulf Coast gas-to-liquids (GTL) project in Louisiana and will suspend work on the project, the company said Thursday.

Royal Dutch Shell plc has been in negotiations with several landowners who own property around a site in western Pennsylvania that the company is considering for a “world class” ethane cracker, a sign that Shell could be moving forward with the project.