Oil giant Royal Dutch Shell is to announce a takeover of BG Group today, in a deal valuing gas producer BG at around £45bn. Shell is expected to pay a premium of ... Read More
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. The decline in ... Read More
Royal Dutch Shell has scrapped plans for a $6.5bn petrochemicals project with Qatar Petroleum, citing “the current economic climate prevailing in the energy industry”, the oil major said on Wednesday. ... Read More
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