Shell explores renewables in PHL

THE local business of Anglo-Dutch company Royal Dutch Shell plc is setting its sights on renewable energy in line with a “global priority” to diversify into clean power sources, the Philippine country manager said. “It [renewable energy] was declared as one of our priorities in the Royal Dutch Shell group,” said Cesar G. Romero, who…

Shell may exit 10 countries

Energy giant Royal Dutch Shell on Tuesday, June 7, said it could exit up to 10 countries under a previously announced plan to sell oil and gas assets over two years.  Following its recent huge takeover of rival BG Group, the expanded company expects also to make higher cost savings than previously announced.  Read more…