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UPDATE 1-Shell names former Maersk Oil CEO Watkins as next U.S. boss

Tue, 27th Mar 2018 14:57

* Watkins to replace Bruce Culpepper at end of year

* Watkins to also replace shale boss Greg Guidry(Adds details, background)

By Ron Bousso

LONDON, March 27 (Reuters) - Royal Dutch Shell'sU.S. boss, Bruce Culpepper, will step down at the end of theyear and be replaced by former Maersk Oil Chief ExecutiveGretchen Watkins, the company said in a statement on Tuesday.

Shell's head of unconventionals, Greg Guidry, who overseesthe Anglo-Dutch company's shale production in North America andArgentina, will step down on June 31, when he will be replacedby Gretchen.

Watkins will retain her role as head of unconventionals whentaking over as Shell U.S. country chair, the company said.

Shell, which has large offshore production and a number ofrefineries in the United States, has earmarked its shalebusiness as a key growth engine for the next decade.

It aims to boost its overall shale production by 200,000barrels of oil equivalent per day (boe/d) to 500,000 boe/dbetween 2017 and 2020, mostly in the United States with someproduction in Argentina, Guidry told Reuters inMarch.

North America accounted for roughly one fifth of Shell'stotal oil and gas production in 2017 and over one third of itsrefining capacity.(Reporting by Ron Bousso, editing by Louise Heavens and DavidEvans)

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28 Oct 2021 12:24

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28 Oct 2021 11:21

TOP NEWS SUMMARY: Shell earnings miss target but promises returns

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28 Oct 2021 11:00

U.S. Congress puts Big Oil in the hot seat in climate deception probe

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28 Oct 2021 10:12

UPDATE 2-Oil majors drag down FTSE 100 after Shell misses earnings

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Shell declines after weak Q3 results* Lloyds up on strong Q3 performance* FTSE 100 down 0.1%, FTSE 250 off 0.1% (Updates to close)By Bansa...

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28 Oct 2021 10:02

Shell break-up would not work in real life, says CFO

LONDON, Oct 28 (Reuters) - Breaking up oil major Royal Dutch Shell into separate fossil fuels and renewables companies might be financially compelling but would not work in real life, finance chief Jessica Uhl said on Thursday.Activist hedge fund ...

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28 Oct 2021 10:02

Shell break-up would not work in real life, says CFO

LONDON, Oct 28 (Reuters) - Breaking up oil major Royal Dutch Shell into separate fossil fuels and renewables companies might be financially compelling but would not work in real life, finance chief Jessica Uhl said on Thursday.Activist hedge fund ...

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28 Oct 2021 09:52

UPDATE 3-European shares inch higher on strong earnings, ECB maintains status quo

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28 Oct 2021 09:52

UPDATE 2-European shares flat as ECB maintains status quo

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28 Oct 2021 09:00

LONDON MARKET OPEN: Shell drops as earnings fall short of forecasts

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28 Oct 2021 08:21

LONDON BRIEFING: Shell, under pressure to break up, promises returns

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28 Oct 2021 07:57

LONDON MARKET PRE-OPEN: Shell shareholders set for generous returns

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28 Oct 2021 07:38

UPDATE 3-Repsol raises dividend and outlook as oil and gas boost profit

(Adds second analyst comment)By Isla Binnie and Joao Manuel Vicente MauricioMADRID, Oct 28 (Reuters) - Spanish energy company Repsol on Thursday said it would raise its dividend and buy back shares after strong oil and gas prices helped to lift th...

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28 Oct 2021 07:38

UPDATE 2-Repsol raises dividend and outlook as oil and gas boost profit

(Adds outlook, share move, analyst comment)By Isla BinnieMADRID, Oct 28 (Reuters) - Spanish energy company Repsol on Thursday said it would raise its dividend and buy back shares after strong oil and gas prices helped to lift third-quarter profit ...

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28 Oct 2021 07:38

UPDATE 1-Oil and gas group Repsol to raise dividend as profit recovers

(Adds detail, background)By Isla BinnieMADRID, Oct 28 (Reuters) - Spanish energy company Repsol on Thursday said it would raise its dividend and buy back shares after strong oil and gas prices helped to lift third-quarter profit above pre-pandemic...

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28 Oct 2021 07:22

UPDATE 8-Shell says break-up of group would not work in real life

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