Royal Dutch Shell PLC on Tuesday revealed that it made a $7.6 million severance payment to the ex-head of its gas and power division previous year, outlining her as the highest-earning executive at the Anglo-Dutch oil major in 2009.

Linda Cook resigned as an Executive Director of the company on June 1, following Peter Voser taking over as Chief Executive.

It has been reported that the Royal Dutch Shell PLC has a strong likelihood to visit the debt markets yet again this year in order to finance the upstream projects. However, the future for the oil company does not look too dull as they expect an increase with the gearing ratio from 0 per cent to about 30 per cent as the business progresses in the future.

Chinese firms Royal Dutch Shell and PetroChina jointly bid more than $3 billion for Australia's Arrow Energy, which makes it the first ever Chinese firm to venture in the country's growing coal-seam gas sector.

The European Commission on Friday extended the deadline by 10 working days, in a view for its review of Greek refiner Motor Oil's bid to buy 720 gas stations in Greece from Royal Dutch Shell PLC.

The main reason for the extension in the probe deadline accounts to a national competition authority taking permission to acquire the review.

In a settlement against the oiling giant Royal Dutch Shell's American unit, California was awarded a whopping $19.5 Million. According to Attorney General Jerry Brown, Shell had violated the regulations by not storing fuel at various filling stations across the state in an appropriate manner.

Shell Energy North America, a subsidiary of Shell Oil Company, has entered into a purchase agreement to buy the assets of Enspire Energy, LLC, a Virginia-based energy marketing company that serves customers throughout the Mid-Atlantic United States.