Royal Dutch Shell PLC has removed all American citizens and US green-card holders from its cross-border projects with the governments of Venezuela and Trinidad and Tobago in compliance with recently instituted US sanctions against the Bolivarian Republic. Source: News

Production from maturing oil fields is declining faster globally due to the fall in capital spending since the oil-price crash, Oslo-based industry research firm Rystad Energy AS observes. Source: News

By extending its ban on hydraulic fracturing, the Scottish government “is turning its back on a potential manufacturing and jobs renaissance,” according to an industrial supporter of shale-gas production. Source: News

An affiliate of Global Infrastructure Partners (GIP) has agreed to acquire Medallion Gathering & Processing LLC from affiliates of Energy & Minerals Group (EMG) and Laredo Petroleum Inc. for $1.825 billion in cash plus additional consideration. Source: News

Light, sweet crude for November and December each dropped slightly more than $1/bbl Oct. 2 on the New York market. Analysts said prices fell as investors questioned the adherence level of the Organization of Petroleum Exporting Countries to its production-cut targets. Source: News

Shashi Shanker has become chairman and managing director of state-owned Oil & Natural Gas Corp. of India, replacing D.K. Sarraf, who retired. Source: News

Gary Smart has joined Well Centric Oilfield Services, a well integrity and production technology firm based in Aberdeen, as chief executive officer. Source: News