Royal Dutch Shell
Picture taken on April 2, 2013 of the Petroplus oil refinery site in Petit-Couronne, which is threatened with closure. According to unions, proposals from prospective buyers Panamanian NetOil and Libya's Murzuq Oil were accepted and will be reviewed by the commercial court of Rouen. The Petit-Couronne plant outside Rouen was sold in 2007 to Switzerland's Petroplus by Anglo-Dutch company Royal Dutch Shell. But the Petroplus group has been mired in a deep crisis since 2011 when it lost crucial bank financing, forcing it to close plants and slash operations.
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Newsday's coverage
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EU probes oil companies for possible price-fixing
have launched investigations into at least three oil companies on suspicion of price-fixing. Britain 's BP, Royal Dutch Shell and Norway 's Statoil confirmed they are subject to the inquiry announced Tuesday by the European Union 's executive arm, the Commission.Statoil Read more »
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Gazprom, Shell to develop Arctic oil fields
-- Energy giants Gazprom and Royal Dutch Shell PLC are expected to sign an agreement on joint development of offshore Arctic oil fields.Russian Energy Minister Sergei Donskoy was quoted by national media as saying Monday that the companies will develop the Read more »
Around the web
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Europe Shale Gas Market Prospects- Ten European Countries Open Up Their Shale Markets for Investments in Exploration
First production to commence in Diyarbakir in 2013 44 4.7 Ukraine Shale Gas Exploration Results are Expected in 2015 By Royal Dutch Shell Plc 45 4.8 Germany- Awarded 12 Licenses for exploration during 2012 45 4.9 Lithuania- Chevron likely to be announced as 6/18/13 from PR Newswire Read more »
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Ottawa ups liability for offshore oil spills in Arctic, Atlantic waters to $1-billion
limit, up from $40-million under existing rules. The changes come amid renewed interest from companies such as BP Plc, Royal Dutch Shell Plc, Imperial Oil Ltd. and the Canadian unit of Chevron Corp. in tapping offshore Atlantic and Arctic crude, and with new 6/18/13 from National Post Read more »
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Notable Analyst Rating Changes 06/18: (FLIR) (NFX) (WY) Upgraded; (SAFM) (WMB) (FHN) Downgraded
from Hold to Buy. Scotia Capital upgrades Weyerhaeuser (NYSE: WY) from Underperform to Sector Perform. Howard Weil takes Royal Dutch Shell (NYSE: RDS-A) from Outperform to Focus Stock. For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades 6/18/13 from Street Insider Read more »
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Howard Weil Upgrades Royal Dutch Shell (RDS-A) to Focus Stock
Stock. For an analyst ratings summary and ratings history on Royal Dutch Shell click here. For more ratings news on Royal Dutch Shell click here. Shares of Royal Dutch Shell closed at $65.90 yesterday, with a 52 week range of $63.35-$73.96. Join StreetInsider.com from Street Insider Read more »
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The Role Of Slow Growing Cash Cows In Your Portfolio
it profitably elsewhere. To me, that is what can make Altria (MO), Lorillard (LO), Reynolds American (RAI), BP (BP), and Royal Dutch Shell (RDS.B) useful elements of a portfolio. We all know about the long-term headwinds facing the tobacco industry, as volumes from Seeking Alpha Read more »
