Your Search Returned 22 tagged news reports
In the three months to September, the French oil giant's profits reached 1.9bn euros ($2.8bn; £1.7bn), compared with 4.1bn euros a year earlier. Total's third-quarter output rose 0.5% to 2.24m barrels of oil a day compared with the same period last year.
Tags: oil giant
The officials, who insisted on anonymity because the fines were not scheduled to be announced until Friday, said the penalty was the result of BP’s failure to comply in hundreds of instances with a 2005 agreement to fix safety hazards at the refinery,...
Tags: BP Texas City Refinery, safety violations, texas refinery, bp fines, Hilda Solis, oil giant, labor secretary, secretary hilda, oil refinery, giant bp
Its replacement cost profit between July and September was $4.98bn (£3bn), down from $10bn a year earlier. However, the results were ahead of analysts' expectations and profits were much higher than the $3.14bn BP made in the second quarter of 2009. Although...
Tags: oil price, cut target, bp profits, oil giant, quarter profits, profits halved
One of the UK's biggest oil refineries, which employs 800 permanent staff in Cheshire, could be sold off. Oil giant Shell has confirmed that it is undertaking a review of its ownership of the Stanlow refinery, near Ellesmere Port. But the company said...
Tags: Royal Dutch Shell, oil giant, oil refineries
The Anglo-Dutch company's profit for the second quarter of 2009 totalled $2.3bn (£1.4bn). Its results come two days after rival BP saw its profits for the same period fall 53%, again due to oil price falls. Global crude prices hit a record $147 a barrel...
Tags: Royal Dutch Shell, TD Securities-Melbourne Institute, oil price, inflation gauge, Asia, oil giant, opened higher, gauge rose
Exxon Mobil Corp will invest $600 million over the next five to six years on trying to developing biofuel from algae, even though the oil major has said renewables will be only a small part of global energy supply. Exxon ( XOM , Fortune 500 ), placing...
Tags: Exxon Mobil Corp., ExxonMobil, Craig Venter, Synthetic Genomics Inc, oil giant, photosynthetic algae, climate change
Thousands of workers across England and Wales have walked out in support of 647 Lindsey oil refinery construction staff sacked for staging unofficial strikes. It comes as Lindsey workers burned dozens of dismissal letters in protest. Total, which runs...
Tags: Lindsey Oil Refinery, oil refineries, North Lincolnshire, oil giant, wildcat strike, refineries worker, dismissal letters, unofficial strike, worker walked
Royal Dutch Shell PLC agreed Monday to pay $15.5 million to settle a lawsuit over the 1995 deaths of Nigerian author and activist Ken Saro-Wiwa and others. The Anglo-Dutch oil giant faced a lawsuit in federal court in Manhattan under the Alien Tort Claims...
Tags: Royal Dutch Shell, Bebeto Matthews/AP Shell, Nigerian, Ken Saro-Wiwa, oil giant, Niger Delta, Ogoni Contact Group, human rights, Ogoniland, New York City
British energy group Royal Dutch Shell on Wednesday unveiled a drastic overhaul of the company's structure but gave no details on potential job losses. The group said in a statement it would merge its exploration and production, gas and power, and oil...
Tags: Royal Dutch Shell PLC, Peter Voser, chief executive, major restructuring, oil giant
Linda Cook , one of only two women on the board of directors at Royal Dutch Shell, plans to step down from her position, the company said Tuesday. Cook, a 29-year veteran of the company who was turned down for the company's top job last October, is leaving...
Tags: Royal Dutch Shell PLC, human rights, Nigerian, major restructuring, giant royal, oil giant, Peter Voser, chief executive