Royal Dutch Shell

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Shell to Drill for Oil, Gas off Bulgarian Coast

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.

100 Companies are Responsible for 71% of Global Emissions

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 to renegotiate offshore gas deposit contract

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.

Shell warns of safety risks at occupied Nigeria plant

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.