As Shell swallows BG, here are 5 other huge energy deals
Royal Dutch Shell has agreed to take over BG Group in a $70 billion deal that is the largest energy deal in a decade, and the third largest ever by enterprise value. The move signals continued...
View ArticleShell’s $70 billion acquisition comes with several potential pitfalls
Shell’s big bet on liquefied natural gas (LNG) is far from a sure thing. It is LNG, not oil, that’s truly behind the European energy giant’s $70 billion acquisition of Britain’s BG Group, which was...
View ArticleShell’s former chairman made a startling comment about climate change
When the oilmen themselves are arguing for stronger action to fight climate change, it’s probably time to start acting. Sir Mark Moody-Stuart, the former chairman of oil giant Royal Dutch Shell , said...
View ArticlePolar bears and walruses are spoiling Shell’s Arctic drilling plans
Royal Dutch Shell's Arctic oil exploration plans have been dealt a major blow after the Obama administration cited wildlife protections that prevent the company from drilling two wells into the Chukchi...
View ArticleThis gas station bathroom is nicer than your apartment
Gas station bathrooms are likely where your parents taught you to flush the toilet with your foot, and open the door using a paper towel. They’re known more for their lack of soap and cleanliness, and...
View ArticleAnnouncing the speaker lineup for Fortune Brainstorm E (that’s for energy)
After months of hard work, we’re thrilled to announce our initial speaker lineup for Fortune’s Brainstorm E conference, which will take place on September 28 and 29 at the Four Seasons hotel in Austin,...
View ArticleTaco Bell made a taco shell out of fried chicken
Imagine a Taco Bell taco, but instead of a crispy taco shell, it’s made with crispy chicken. Now you don’t have to because Taco Bell just released its new Naked Crispy Chicken Taco. It’s a breaded...
View ArticleThese 2 charts explain why Shell stopped drilling in Alaska
Royal Dutch Shell said Monday it will stop drilling for oil off Alaska’s coast. The move comes after Shell failed to discover a noteworthy amount of undersea oil in a well off northern Alaska despite...
View ArticleBig business creates a new non-profit to help fix climate change
A growing number of influential business and government leaders now believe that it will be possible to expand the global economy while meeting our climate goals. But the real challenge is exactly how...
View ArticleShell chairman: We won’t abandon energy, but we will evolve
Chad Holliday, chairman of oil giant Shell, said Monday the company aims to change according to data gathered by a new industry commission it is helping to form--even if the information leads it away...
View ArticleWhy Shell’s Arctic drilling pullout hurts cash-strapped Alaska
Energy giant Royal Dutch Shell RDS.A said earlier this week it has decided to abandon its Arctic drilling project off Alaska’s northern coast after failing to make any significant undersea oil...
View ArticleShell CEO: ‘Mixed signs’ on recovery of oil prices
Royal Dutch Shell CEO Ben van Beurden said at an oil industry conference in London that oil prices may become more expensive once more, although at a slow rate. “I see the first mixed signs for...
View ArticleLyft has some new ideas for making its drivers happy
Amid its intense battle with ride-hailing rival Uber, Lyft is introducing new products and programs for it drivers to help with retaining them and attracting new ones. On Thursday, the company...
View ArticleSpain’s Repsol is the latest victim of weak oil prices
The uncertain outlook for oil prices has claimed yet another major energy player. Spanish oil producer Repsol says it will divest $7.1 billion of assets and cut spending in oil-exploration projects. In...
View Article5 Energy Trends to Watch in 2016
This year was a big one for energy news. Ultra-low oil prices, coal plant closures, a landmark climate change deal in Paris, and records set for global solar projects all signaled a continued massive...
View ArticleFor Oil Companies, It’s a Year of Slashing Costs and Jobs
Over the past several weeks, the world’s biggest oil companies have posted earnings that show just how brutal it is these days to be an oil major. The industry is going through the biggest downturn...
View ArticleThis Is Why Oil Firms Suffered Another Awful Earnings Season
Many of the world’s biggest oil companies continue to feel the pain as low oil prices continue to undercut profits and lead to shuttered projects and layoffs. Exxon, Royal Dutch Shell, Statoil, BP, and...
View ArticleShell Is Selling Off Some of Its Gulf of Mexico Assets
Royal Dutch Shell rds-a is reportedly selling some of its assets in the Gulf of Mexico to EnVen Energy for $425 million. The Brutus/Glider assets, which include a subsea production system, have an...
View ArticleShell Is Getting New Point of Sale Registers At Its Gas Stations
Revel Systems, a company that sells an iPad point of sale register to merchants, has signed up a big new customer--gasoline giant Shell. Revel, which has raised over $100 million in venture funding...
View ArticleHow Oil Majors Adapted to Lower Prices and Beat Earnings Expectations
Royal Dutch/Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an oil price downturn now in its third year. Shell’s...
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