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Iran Looks To Close More Deals But Oil Majors Are Cautious: OilPrice.com: 18 July 2017
Iran Looks To Close More Deals But Oil Majors Are Cautious: OilPrice.com: 18 July 2017Dutch Shell signed a preliminary deal last year to explore the Yadavaran field, together with the National Iranian Oil Company (NIOC) and China Petroleum & Chemical Corp, but has yet to make serious commitments, citing the uncertain political conditions within Iran. READ MORE
Shell among firms fined over Indian oilfield dispute, report says: EnergyVoice.com: 18 July 2017
The dispute over the Panna Mukta oil field when in favour of the Indian Government, the Economic Times reported, citing sources familiar with the matter. Reliance Industries and Shell have appealed the decision in a UK court, the report said. READ MORE
Idemitsu moves closer to Showa Shell deal after court nod to share sale: Reuters: 18 July 2017
Idemitsu Kosan Co said it would proceed with a $1.1 billion sale of new shares, after a court rejected the founding family’s petition to block the offering, potentially clearing the way for a takeover of Showa Shell Sekiyu. READ MORE