Royal Bank shores up pension fund with pounds-750m injection Chief executive suffers fall in pay despite record profitsKARL WEST CITY EDITOR
LONDON (Reuters) -Shell will combine its oil and gas production and liquefied natural gas (LNG) divisions as part of CEO Wael Sawan’s first changes since taking charge of the energy giant earlier this month. The new division, which combines Shell’s most profitable operations, will be headed...
The first-quarter profit was boosted by a sharp rise in oil and gas prices, and compared with $6.3bn of profits in the final three months of 2021 and $3.2bn during the first quarter of last year. It was above analysts’ expectations of first-quarter adjusted earnings of $8.7bn. Campaign...
For example, RBC Capital Markets launched an office in Edinburgh to strengthen our Scottish presence following Global Private Banking's acquisition of Abacus in November 2005. RBC Capital Markets also announced the formation of a London-based team within the investment banking division to focus on ...
That department oversaw operations of the company's sales offices in London, Oslo, and Frankfurt. Royal Caribbean's strategy in the very competitive cruise/vacation market was to target the upper portion of the "mass" market, promising a quality product for slightly more money than other ...
Profits Over Planet: The Fossil Fuel Formula Let’s rewind to 2020, when oil prices tanked, and fossil fuel giants were scrambling like toddlers caught with crayons on the wall. With demand in free fall, companies like Shell suddenly discovered their “green hearts” and started making grandiose...
Shell’s response? “Nah, we’ll pass, thanks.” And now, thanks to a Hague appeals court overturning that pesky ruling, they can keep on keeping on. Cue the applause from major shareholders like BlackRock, because who needs a livable planet when profits are this juicy? read more Share ...
LONDON, July 26 (Reuters) – Royal Dutch Shell(RDSa.L)announced plans on Monday to develop a new oilfield in the Gulf of Mexico, its first major project to get the go-ahead since a Dutch court ordered the energy company to accelerate its carbon emissions reduction targets. ...
Shell Sells Irish Gas Field Stake for $1.2 Billion to Canada Pension Fund Jul 12th, 2017 by John Donovan. Comments are off for this post LONDON—Royal Dutch Shell PLC has sold its stake in a controversial Irish gas field for up to $1.23 billion to one of Canada’s biggest pension f...
Shell Hands Its €26 Billion Pension Fund to BlackRock – Because Who Better to Handle Your Retirement Than the World’s Greediest Oil Giant and a Wall Street Vampire? In yet another episode of Shell Plays Hot Potato with Billions, the ultimate sin stock has decided to hand over its €26 ...