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Shell may exit 10 countries

Energy giant Royal Dutch Shell on Tuesday, June 7, said it could exit up to 10 countries under a previously announced plan to sell oil and gas assets over two years.   25 more words

Energy

Tanzania makes great onshore natural gas discovery

An additional onshore discovery of 2.17 trillion cubic feet (tcf) of possible natural gas deposits has been made in Tanzania. This raises the nations estimated recoverable natural gas reserves to more than 57 tcf. 194 more words

News

Tanzania to Rake in Capital Gains From U.S.$55 Billion Buyout of BG Group By Rival Shell

Tanzania is set to collect millions of dollars in capital gains tax following Shell’s acquisition of BG Group, barely two years after banking $258 million in similar payments over the same gas resources. 728 more words

Economy

Μέτοχοι της Shell τάσσονται υπέρ του deal με τη BG Group

Κοντά είναι το κλείσιμο της συμφωνίας με την BG Group βρίσκεται η Royal Dutch Shell, καθώς όπως όλα δείχνουν η πετρελαϊκή εταιρεία κερδίζει τη θετική ψήφο ολοένα και περισσότερων μετόχων. 33 more words

BG Group

Daily Commentary - Shell sees more job cuts as BG deal gets China green light

Tenaga National Bhd (last price: RM13.04)
TNB buys stake in Turkey firm for RM1bil

Tenaga Nasional Bhd (TNB) is buying 30% of GAMA Enerji AS for US$243mil (RM1.06bil), giving the company a stake in power generation assets in Turkey and a platform to pursue infrastructure projects in the surrounding region. 320 more words

Daily Commentary

8 Dec 2015 (AFR) - LNG market 'far worse' than crude oil - Toil ahead for oil, but expect double trouble for LNG

(8 December 2015, AFR, p13, by Angela Macdonald-Smith)

‘The crude oil market is seen as being in dire straits, but liquefied natural gas is much worse, according to experts. 97 more words

1.Market Observations

Shell gets nod to go Big Oil on us

Hey Insiders,

Given the see-sawing in commodities market lately, one would think that Big Oil would rather hide its head in the sand till it all blows over. 122 more words

Acquisition