Royal Dutch Shell
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Royal Dutch Shell told reporters in Sofia on Tuesday that it will launch an exploratory drilling operation next month in the Han Kubrat oil and gas field off the coast of Burgas in the Black Sea.
The 90-day exploration will commence off the Noble Globetrotter II ship on 1 April 1, about 80 kilometres from Burgas in south-east Bulgaria.
About 100 companies have been responsible for about 71% of the world's greenhouse gas emissions.
That's according to a new report from climate change non-profit CDP in conjunction with the Climate Accountability Institute. The report hopes to highlight the role such companies, and their investors, play in Climate Change.
Cyprus's energy minister says the country will renegotiate the financial terms of its contract with a consortium on exploiting a gas field off its southern shore.
Georgios Lakkotrypis told reporters on Tuesday that the consortium made up of Texas-based Noble Energy, Israel's Delek and Royal Dutch Shell wants to renegotiate the contract on the Aphrodite gas field.
Friends of the Earth plans to file a lawsuit against Royal Dutch Shell, accusing the oil company of failing to act on climate change, the environmental activist group said on May 29.
Iraq has approved the sale by Royal Dutch Shell of the company’s 20 percent stake in Iraq’s West Qurna 1 oilfield to Japan’s Itochu Corp, a senior Iraqi oil official said on Jan. 10.
Royal Dutch Shell has raised an alarm over the continuing siege at a Nigerian facility by protesters, saying they could be putting their safety at risk.
Hundreds of protesters from the Kula and Belema communities in Nigeria's restless southern Rivers state have occupied the plant since Aug. 11 to press their demands for jobs and better living conditions.
Gazprom's Nord Stream 2 pipeline may get Chinese financing if European companies are forced out of the project by the latest round of US sanctions, business daily Vedomosti reports.
Russian officials have already contacted Chinese banks, sources have told the media.
Saudi Aramco has become a 100-percent owner of Port Arthur, an oil refinery in Texas. Port Arthur has a capacity of 600,000 barrels per day, making it the biggest in North America.