Financial Times | Shell Passes Chevron To Become No. 2 Oil Giant Sky News The deal - the industry's biggest this decade - comes against a backdrop of falling oil prices. Since Shell first tabled its bid in April last year the price of brent crude oil has fallen 42%, however the fact that the deal gives Shell access to BG's ... Royal Dutch Shell chief executive says Brazil oil will break even Shell Surpasses Chevron to Become No. 2 Oil Company: Chart |