Peter Voser News
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Royal Dutch Shell Plc Chief Executive Officer Peter Voser said it’s too early to speculate about the European oil-price fixing probe and the company is committed to the “highest standard of corporate behavior.”
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The investigation into possible oil- price fixing gathered pace as trading houses from Glencore Xstrata Plc, the $70 billion mining firm, to Gunvor Group Ltd. were asked to provide information to European regulators.
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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.
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The following is a selection of the most important news affecting the oil market.
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Royal Dutch Shell Plc, Europe’s biggest oil company, reported an increase in first-quarter earnings on new projects and refining.
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Royal Dutch Shell Plc, Europe’s biggest oil company, is interested in acquiring assets in the Gulf of Mexico, including Petroleo Brasileiro SA blocks.
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Royal Dutch Shell Plc will spend $1 billion a year developing China’s unconventional gas reserves, including shale deposits, according to Peter Voser, the company’s chief executive.
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The U.S. won’t rival Qatar and Australia as the world’s largest liquefied natural gas exporter as it keeps fuel at home to drive an industrial renaissance, Royal Dutch Shell Plc Chief Executive Officer Peter Voser said.
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Royal Dutch Shell Plc, Europe’s biggest energy company, said investment will increase after fourth-quarter profit missed analyst estimates on weaker U.S. and Canadian fuel prices.
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Royal Dutch Shell Plc Chief Executive Officer Peter Voser said lower North American crude and gas prices will curb earnings at Europe’s largest oil company.
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