oil and gas news

These are features of Oil and gas, industrial and other relevant news

Shell Lubricants Global lecture Series-Flash back 2014 event

Today we shall cast our mind back to the last version of the Shell Lubricants Global lecture series  IIT Madras in 2014. yesterday we reported the 4th Shell Lubricants global lecture series which was in association with IIM Bangalore to discuss future energy shifts in Industry and transport with experts across the industry About the Shell Lubricants […]

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Shell To Sell 75% Stake in Chinese Tongyi Lubricants to Carlyle, Huo Group

Shell To Sell 75% Stake in Chinese Tongyi Lubricants to Carlyle, Huo Group HONG KONG— Carlyle Group LP agreed to buy a majority stake in a Chinese oil-lubricants business from Royal Dutch Shell PLC, giving the private-equity firm a rare deal for control of a company in China’s energy industry. Shell, which is shedding assets

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Shell to Sell Showa Shell Sekiyu KK for $1.4 Billion

Press release. 30th 2015. Shell has announced that it has agreed to sell a 33.24% shareholding in Showa Shell Sekiyu KK to Idemitsu for approximately US$1.4 billion. Shell will retain a 1.80% holding in the company. In a statement, Shell said that Japan remains an important LNG market for its upstream integrated gas business, as

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Shell to Downsize Drops 6,500 jobs due to slump in crude price

Energy major Royal Dutch Shell has decided to cut 6,500 jobs globally responding to the weakness in the crude oil prices, triggering concerns that it may downsize in India as well. But a spokesperson of its India arm dispelled such fears, clarifying that the company may not tinker with its India operations, and could even

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