Simon Henry is the frontrunner among analysts to become the next chief executive officer of Royal Dutch Shell Plc after Peter Voser unexpectedly announced his resignation next year from Europe’s biggest oil company.
A lawsuit by environmental groups over Royal Dutch Shell Plc’s oil drilling in the Gulf of Mexico may become a “backdoor moratorium” that curtails U.S. development, said Marvin Odum, the company’s U.S. president.
Avoiding a state tax played a role in Royal Dutch Shell Plc’s decision to move a drilling rig from Alaska waters, though the company said the vessel’s grounding days later was the result of an unforeseen worsening of weather.
U.S. Interior Secretary Ken Salazar said “things went wrong” in Royal Dutch Shell Plc’s oil exploration off Alaska’s Arctic coast in 2012 and the company might be unable to continue its work this year.
Royal Dutch Shell Plc and Kinder Morgan Inc. announced their intention to form a company to export liquefied natural gas from a site in Georgia, the latest of more than 20 export terminals seeking to ship U.S gas overseas.