The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.
Tag: Royal Dutch Shell Plc
How Europe Got Hooked on Russian Gas Despite Reagan’s Warnings
A Soviet-era pipeline, opposed by the president but supported by the oil and gas industry, set up the dependency that today helps fund the Russian assault on Ukraine.
Russia’s Moves in Ukraine Unsettle Energy Companies and Prices
Oil and gas prices are up, and Western energy giants with operations and investments in Russia could find it harder to keep doing business there.
Shell Plans Shift to Britain, and Dropping ‘Royal Dutch’
The restructuring is meant to make the company more appealing to investors and make it easier to sell assets, the oil giant said.
At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters
A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.
The Nigerian Activist Trying to Sell Plants to the Oil Company That Destroyed Them
“I need to help my women to stand,” says Martha Agbani, who helped a group of women from the Niger Delta build a flourishing mangrove nursery.
A Week of Big Blows for Big Oil
Two victories by environmental activists added to the uncertainty surrounding the industry and Canada’s oil sands.
U.K. High Court Says Nigerians Can Sue Shell in Britain Over Oil Spills
The Dutch energy company has a presence in Britain, and a judge ruled there was “a real issue to be tried.”
Shell Subsidiary in Nigeria Must Compensate Farmers, Dutch Court Rules
An appeals court said a small group of farmers in the Niger Delta region whose livelihoods were affected by oil spills in 2006 and 2007 should receive payouts.
Suriname Could Be Latest Big Oil Find as Industry Cuts Costs
The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less.