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Stock Market & Financial Investment News

News For RDS.A From The Last 14 Days
Check below for free stories on RDS.A the last two weeks.
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May 20, 2013
08:08 EDTRDS.AEU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link
05:40 EDTRDS.AU.S. oil futures rally as many commodities decline, WSJ reports
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May 16, 2013
11:19 EDTRDS.ARoyal Dutch Shell: SPDC declares force majeure on gas supplies to NLNG
Shell Petroleum Development Company Limited has declared force majeure on gas supplies to Nigeria LNG, effective 09:00 hrs (Nigerian time) on Wednesday, May 15. This action is due to production deferment following a reported leak along the Eastern Gas Gathering System right-of-way near Awoba in Rivers State. In line with safety precautions, we have shut down our Soku and Gbaran Ubie gas export via the EGGS1 pipeline. Some 1.5B standard cubic feet of gas per day is currently impacted. For a limited time and subject to capacity limitations, we are able to export about 100-200MMscf/d from Soku via the GTS1.
06:07 EDTRDS.ASaras, Rosneft eye Shell's Italy gas station network, Reuters reports
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May 15, 2013
08:38 EDTRDS.AWTI crude falls for a fith consecutive day, Bloomberg reports
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07:20 EDTRDS.AInterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports
InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link
05:55 EDTRDS.AEU inspects firms in oil investigation, WSJ reports
EU antitrust authorities carried out unannounced inspections of energy giants BP (BP), Royal Dutch Shell (RDS.A) and Statoil (STO), escalating an investigation of alleged oil-price manipulation amid scrutiny of how prices are set in global financial markets, reports the Wall Street Journal. EU officials are investigating whether the three companies manipulated prices in the $2.5T physical-oil market by giving false data to an oil index publisher, the Platts unit of McGraw Hill Financial (MHFI). Platts's offices were also inspected.Reference Link
May 14, 2013
07:10 EDTRDS.AIEA says North American oil will dominate world supply growth, WSJ reports
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