The CEO of Royal Dutch Shell, the U.K.'s largest listed company has become the latest chief executive to wade in on the Scottish independence debate.» Read More
*UK: very unlikely independent Scotland could keep pound. "I would prefer Scotland to have a lot more power and a lot less of Mr Cameron and Mr Osborne," she said, referring to Britain's prime minister and finance minister.
HOUSTON, Feb 4- Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, its first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months.
HOUSTON, Feb 4- Royal Dutch Shell said on Tuesday it is ramping up production at its newest Gulf of Mexico oil and gas platform, the first to start up after BP Plc's 2010 Macondo oil spill fouled the basin and stopped drilling for months.
Lee Raymond, former CEO of ExxonMobil, and George P. Mitchell, the man who pioneered fracking, should be on the CNBC 25.
European equities closed mixed on Tuesday, having wobbled in-and-out of positive territory on a day of disappointing earnings.
LONDON, Feb 4- "All political lives, unless they are cut off in midstream at a happy juncture, end in failure," wrote Enoch Powell, a former member of Britain's parliament who held controversial views on immigration and national identity. Much the same could be said of business careers, as Shell's former chief executive Peter Voser has learned the hard way.
U.S. stock index futures pointed to a higher open on Tuesday, with the focus on factory order data for December.
Some of the names on the move ahead of the open.
*ARM, KPN, BP all fall after results. LONDON, Feb 4- European shares followed Asian and U.S. markets lower on Tuesday on concerns about the global economic outlook and on disappointing earnings reports from the likes of oil major BP and chip designer ARM.
LONDON, Feb 4- BP reported a sharp drop in fourth-quarter profits on Tuesday partly due to weakness in its refining business, providing more evidence of difficult times across the "big oil" sector.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, discusses Shell and BP after BP posted a drop in fourth quarter profit, and says they remain a "good bet" on a long-term basis.
*ARM, KPN, BP all fall after results. LONDON, Feb 4- Disappointing earnings reports helped to extend a recent fall in European shares on Tuesday, as the equity market suffered growing unease over the state of both the U.S. and emerging market economies.
CNBC's Steve Sedgwick runs through BPs share performance after the company reported its earnings.
Oil giant BP reported a drop in fourth-quarter profit due to lower profits in its refining and production business.
The decision by state-controlled giant PetroChina to put off two new refineries and delay expansion of another is the latest, most dramatic signal that China's refined fuels capacity has expanded too fast.
Traders await Friday's jobs report and watch emerging markets to see if the selloff can be contained.
U.K. companies' legal liabilities soared 12 percent in 2013, driven by the hefty fines slapped on banks, new analysis shows.
Robert Perkins, editor for EMEA oil news for Platts, says BP is still suffering from the costs of the 2010 Gulf of Mexico oil spill.
Jan 30- A U.S. safety agency blamed Tesoro Corp. for an explosion at a refinery in Washington state that killed seven workers in 2010, saying in a draft report released on Thursday that the company had failed to identify the damage hydrogen was causing to steel components.
*China slowdown caps Brent gains. However, growing evidence of a fuel demand slowdown in the second-biggest oil consumer, China, capped gains. BP announced Thursday it dropped plans to invest in a refinery in China, as Royal Dutch Shell did late last year.