Shell says it’s ready for change

Daniel J. GraeberTHE HAGUE, Netherlands, June 7 (UPI) — Royal Dutch Shell is positioning itself as a stronger company as it moves through the market downturn and changing energy landscape, the CEO said Tuesday.

North Dakota lost four rigs from last week

Daniel J. GraeberBISMARCK, N.D., June 6 (UPI) — North Dakota energy trajectory shifted direction, losing rigs after showing a dramatic increase during the last week in May, state data for Monday show.

Plans evolve for New Zealand reserves

Daniel J. GraeberMELBOURNE, June 6 (UPI) — MEO Australia Ltd. said it brought on a new joint venture partner for New Zealand reserves that’s already focused the bulk of its spending plans on the country.