Shell to Simplify Business with ‘Resounding Support’ by Shareholders

Shell to Simplify Business with ‘Resounding Support’ by Shareholders

Royal Dutch Shell plc is moving forward with an overhaul and name change after shareholders on Friday overwhelmingly supported a plan to simplify the business structure. On the resolution to adopt the new Articles of Association, 99.8% of the voting shares were in favor of the move. The overhaul could be completed in early 2022.…

December 10, 2021
Energy Transfer to Simplify Corporate Structure in ETE-ETP Tie-Up

Energy Transfer to Simplify Corporate Structure in ETE-ETP Tie-Up

Energy Transfer Equity LP (ETE) has agreed to acquire its affiliated master limited partnership (MLP) Energy Transfer Partner LP (ETP) in an all-stock transaction valued at $27 billion, management for the two companies announced.

August 3, 2018

Encana’s U.S. E&P Chief Out

Encana Corp., in the midst of a strategic review of its North American onshore business, on Tuesday announced an organizational restructuring following the retirement of formerly key executives.

October 2, 2013

Ohio Governor Proposes Two-Tier Severance Tax Structure

Ohio Gov. John Kasich unveiled his proposed biennial executive budget on Monday, which includes a two-tier severance tax structure that would, for the first time, differentiate between horizontal and vertical wells drilled into the emerging Utica Shale.

February 6, 2013

Ohio House Puts Brakes on Governor’s Tax Plans

Ohio Gov. John Kasich said he is prepared to fight his fellow Republicans in the General Assembly who are unenthusiastic about his plans to restructure taxes and regulations on the oil and natural gas industry.

March 20, 2012

Talisman: Impact Fee Timing Stinks

Talisman Energy Inc. said Wednesday it will decrease its Marcellus Shale exploration activities and cut its capital spending budget for the play in half this year.

February 16, 2012

Bluescape Laying 52-Mile Gathering Line in West Virginia

Bluescape Resources Co. LLC (BRC) is under way with the construction of a 52-mile natural gas pipeline in West Virginia, a structure that the company hopes will one day connect future production from its wells in the Marcellus Shale with the marketplace.

January 6, 2012

Clock Running Out On Pennsylvania Impact Fee Debate

With only a few days left before the Pennsylvania General Assembly recesses for the year, some groups are calling on lawmakers to pass an impact fee on Marcellus Shale development now, while others are criticizing the bills currently on the table.

December 13, 2011

EQT Prepping Midstream MLP

As promised, EQT Corp. is restructuring its midstream operations to bring in more money for upstream developments in the Marcellus Shale (see Shale Daily, Nov. 1).

December 12, 2011

Hearing on Fort Worth Drilling Proposal Draws Crowd

Fort Worth City Council members got an earful Tuesday night from a standing-room-only audience about a proposal to tighten drilling restrictions in the Barnett Shale town. Protected use areas, multiple well pad site permitting and saltwater disposal are among the items being weighed.

October 20, 2011
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