Royal Dutch Shell was on the verge of sealing a deal with Kazakhstan yesterday that could lead to taking joint control of one of the world's biggest oilfields.
Oil. Gas
Shell poised to sign deal with Kazakhstan on oil joint venture
Jeroen van der Veer, chief executive of Shell, answers back
How has the culture of Shell changed since the reserve scandals of 2004?
A: Jeroen van der Veer:
Absolutely. The unification of Royal Dutch and Shell Transport in 2005 has simplified our governance structure. Accountabilities are now absolutely clear. We have a single chief executive. We have a single board. And it is a board where there is true dialogue! So were in very good shape on that front.
US lists polar bear as threatened
The United States has listed the polar bear as a threatened species, because its Arctic sea ice habitat is melting due to climate change.
Oil and gas: Battle to exploit hidden riches
...ConocoPhillips said in April it expected to be working on the project. Royal Dutch Shell and Occidental had been viewed as frontrunners during the months-long negotiations. ConocoPhillips win was a surprise as the industry expected Shell or Occidental to win, said Mr Cassidy.