The largest of Europe’s traditional oil and gas majors since completing its $53 billion merger with BG Group in February, the Anglo-Dutch giant is starting to look beyond the savage retrenchments caused by the collapse of crude prices. This year’s capital expenditure budget is 35% less than what it and BG invested last year, with a more defined focus on petrochemicals, plastics and liquefied natural gas. Speculative drilling, such as off the Alaskan coast, has been almost completely stopped, but the company is still committed to major new production projects in Brazil.
News about Royal Dutch Shell
The iPhone maker is sharing more of its $250 billion-plus cash hoard.
They deny making illicit payments for drilling rights
The disclosure comes amid scrutiny over potential conflicts of interest among Trump's cabinet.
It's where their bromance blossomed.
These stocks should do well even if Brexit and Italy’s referendum hurt global markets.
Videos about Royal Dutch Shell
The chairman of Royal Dutch Shell announced the creation of the new organization at this year's Fortune Brainstorm E. Learn all about the Energy Transitions Commission's goals and who the players are here.
The government will allow the oil giant to drill under the sea floor for the first time in decades.
It's the largest deal in the energy industry in over a decade.