In the first quarter of this year, Royal Dutch Shell achieved an all-time high in profits, amassing over $9.6 billion (£7.6 billion) despite a decline in oil and gas prices
Shell profits possibly largest ever by UK-domiciled company
The company posted a record $39.9bn annual profit (£32.2bn), beating the previous record of $28.4bn, (£22.9bn), set in 2008.
Shell considers quitting the energy market, threatening up to 2,000 jobs in the UK
Shell Energy is threatening up to 2,000 jobs in the UK after it announced that it was looking at quitting the energy industry.
Shell Is Selling Stakes in UK North Sea Oil Fields
According to Bloomberg News marketing materials, Shell Plc has decided to sell its stakes in North Sea oil fields.
Shell has issued a profit warning for the third quarter
This could signal that the record-breaking earnings run by the energy giant may be over.
Germany has seized control of three oil refineries run by Russian firm Rosneft
Germany has taken control of a Russian-owned major oil refinery. Moscow may retaliate as Berlin tries to boost energy supplies and fulfil its European Union commitment to end Russian oil
Angus Energy (AIM:ANGS) announce the appointment of Krzysztof Zielicki as a Non-Executive Director on the Board of the Company
Angus Energy (AIM: ANGS) is pleased to announce the appointment of Krzysztof Zielicki as a Non-Executive Director on the Board of the Company. Krzysztof brings over 40 years of experience
Russia is now in humiliation, unable to fix its tanks.
Putin’s attempt to take over industry brings the country back to its Soviet-era command economy.
Russia to take Sakhalin-1 project under its control
Russian lawmaker on Thursday said that Moscow would take control of Sakhalin-1, an oil and gas project.
German ex-chancellor Schroeder under EU pressure over Rosneft, Gazprom
In an attempt to discourage Gerhard Schroeder from taking up a high-ranking job at Gazprom, the European Parliament demanded that he be removed from Rosneft’s board.
Russian stock market plans limited re-opening, some brokerages warn of losses
(Reuters) -The Russian central bank said on Wednesday that some stock market trading would resume on Thursday after a nearly month-long hiatus, with 33 securities to be traded on the