Royal Dutch Shell earned the number three spot in the top five rankings of the Integrated Oil & Gas industry in measures of relative performance based on trading activity from yesterday.

The shares in the Royal Dutch Shell increased by 0.5% or by 11.5p as soon as the oil major’s profit leaped the elevated oil price. In spite of various corporate announcements, the commodities were observed with pace in prices, again.

Deepwater exploration plan in the Gulf of Mexico of Shell Offshore Inc. has received approval from Interior Department. The department has revealed that the project meets the safety standards.

On Thursday Shell declared about postponing the drilling program in Arctic. The program was postponed to 2012 as there had been delays in the process for obtaining the permit regarding air pollution from the United States EPA i. e. Environmental Protection Agency. The Vice President of the Shell Alaska, Mr.

On Thursday, Royal Dutch Shell said it might see new growth because of increasing production and a substantial return in profits for the third quarter.

Based on a current cost of supplies the firm recorded a profit of eighteen percent amounting to three decimal five billion dollars in the third quarter. 

It had been revealed by Shell Canada Ltd. that it will be converting its East Montreal oil refinery into a delivery terminal for petroleum products like gasoline, diesel and aviation fuel from the month of September. The Company took this decision after three of the potential bides opted out from the bidding process.

As part of a plan to grow its North American gas assets, Oil giant Royal Dutch Shell has bought the operations of closely-held natural gas exploration company East Resources in a $4.7 billion deal.

East Resources is one of the principal players in the Marcellus Shale, an exploration area that stretches across much of Ohio, West Virginia, Pennsylvania and New York.

Shell's Chief Executive quoted Tuesday that the world will remain severely dependent on fossil fuels for the next 40 years, following massive US oil spill cast a cloud over the industry.

Royal Dutch Shell and PetroChina have entered into an agreement to buy Arrow Energy Ltd. for 3.5 billion Australian dollars following an instigation made by Arrow's Chief Executive Nicholas Davies to raise the purchase amount by 6%.

Royal Dutch Shell PLC on Tuesday revealed that it made a $7.6 million severance payment to the ex-head of its gas and power division previous year, outlining her as the highest-earning executive at the Anglo-Dutch oil major in 2009.

Linda Cook resigned as an Executive Director of the company on June 1, following Peter Voser taking over as Chief Executive.