Thursday, March 13, 2025

Philippines Eyes Joint Exploration Deal with China in South China Sea

From Reuters The Philippines is looking to seal a pact with China within a few months to jointly explore for oil and gas in a part of the busy South China Sea waterway claimed by both countries, a Philippine official said on Monday. In February, the two countries agreed to set up a special panel to work out how to

Kinder Morgan Suspends Trans Mountain Pipeline Construction

British Columbia has said it will block the line Canadian oil producers were dealt a major blow today, only a few weeks after the country saw the lowest differentials in years. Kinder Morgan Canada Limited (ticker: KML) announced it is suspending all non-essential activities and spending on its Trans Mountain Expansion pipeline. The Trans Mountain Expansion is one of the

Shell - Oil & Gas 360

Shell Made $59 Billion in Total Payments to Governments in 2017

Shell’s payments for upstream were $22.4 billion  All in, including upstream, LNG activities and refining operations, in 2017 Shell (ticker: RDS.A) said it paid in total more than $59.1 billion to governments. “We paid $6.3 billion in income taxes and $3.7 billion in government royalties, and collected $49.1 billion in excise duties, sales taxes and similar levies on our fuel