Royal Dutch Shell PLC


  • *Earnings $6.1 bln vs $5.46 bln forecast. *Raises dividend, flags $30 billion returns to investors. LONDON, July 31- Royal Dutch Shell Plc reported a 33 percent increase in quarterly earnings on Thursday, beating analyst forecasts despite impairments of almost $2 billion after producing more liquids and selling at higher prices.

  • Adidas pulls European stocks lower Thursday, 31 Jul 2014 | 4:29 AM ET

    PARIS, July 31- European shares fell in early trade on Thursday, led by Adidas after the group warned about business in Russia, while Argentina's default also rattled investors. Spanish stocks also underperformed, with Madrid's IBEX dropping 1.5 percent, as traders cited worries over Spanish companies' exposure to Latin America after Argentina's debt default.

  • *Madrid shares hit after Argentina defaults again. LONDON, July 31- Doubts about the health of Europe's economy dominated trade on its major stock markets on Thursday after a cautious message from the U.S.

  • Shell's second-quarter earnings more than double Thursday, 31 Jul 2014 | 3:11 AM ET
    An employee holds a control panel as barrels are filled with lubricant oil for shipping at Royal Dutch Shell Plc's plant in Torzhok, Russia, March 21, 2014.

    Royal Dutch Shell posted a healthy jump in quarterly earnings, as its newly-installed CEO works to cut costs and streamline projects.

  • PARIS, July 31- European shares were steady in early trade on Thursday as investors combed through a batch of corporate results from blue-chips such as Sanofi, Anheuser-Busch InBev and Royal Dutch Shell.

  • UPDATE 1-Shell Q2 earnings rise 33 pct, beat forecasts Thursday, 31 Jul 2014 | 3:09 AM ET

    LONDON, July 31- Royal Dutch Shell Plc reported a 33 percent increase in quarterly earnings on Thursday, beating analyst forecasts, after producing more liquids and selling at higher prices. The company joins rival BP Plc in reporting better-than-expected earnings.

  • Shell quarterly adjusted earnings rise 33 pct Thursday, 31 Jul 2014 | 2:18 AM ET

    July 31- Oil major Royal Dutch Shell Plc, which has been shedding assets to cut costs and streamline operations, reported a 33 percent increase in adjusted quarterly earnings after producing more liquids and selling at higher prices.

  • Energy firms rethink Russia after new sanctions Wednesday, 30 Jul 2014 | 11:44 PM ET
    The flag of Russia.

    The downing of MH17 and tougher sanctions against Russia are pushing multinational energy companies to take a fresh look at the results of the crisis.

  • NEW YORK, July 29- BP Plc, Royal Dutch Shell Plc, Morgan Stanley and other companies urged a U.S. judge to dismiss nationwide litigation claiming they conspired for 12 years to fix prices of Brent crude oil, a benchmark for the cost of gasoline and heating oil.

  • *BP the biggest foreign investor in Russia with Rosneft stake. LONDON, July 29- Oil and gas producer BP reported a sharp rise in second quarter profits on Tuesday but warned that further Western sanctions on Russia could harm its business there and its relationship with Russian state oil company Rosneft.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.

  • CALGARY, Alberta, July 25- Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometres to the west coast of Alaska, a World Wildlife Fund study showed on Friday. The remote Beaufort Sea is a section of the Arctic Ocean that spans the Canada- U.S. border.

  • *Europe has 2 million bpd excess oil refining capacity. LONDON, July 23- Europe is coming under increasing pressure to close oil refineries as chronic over-capacity hits processing margins, dragging down group profits and hitting share prices.

  • The city of 25,000, known for its scenic lighthouses and sweeping views of the island-speckled waters of Casco Bay, is also the east coast's second largest oil port, located at the southern terminus of the Portland-Montreal Pipeline, which currently flows north to Canada.

  • LONDON, July 18- Royal Dutch Shell has suspended development of a liquefaction unit at Canada's Jumping Pound facility, which was to be used to develop the emerging gas for transport market.

  • China studies floating gas plants for South China Sea Wednesday, 16 Jul 2014 | 5:00 PM ET

    *CNOOC in pre-feasibility study of FLNG technology. BEIJING, July 17- Chinese energy giant CNOOC Group is studying the possibility of building a multi-billion-dollar floating liquefied natural gas vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea.

  • July 15- Royal Dutch Shell Plc said on Tuesday it had found roughly 100 million barrels of oil equivalent in the Gulf of Mexico' s Norphlet formation, its third discovery there. The company, the gulf's largest operator, found the oil near its Rydberg well, roughly 75 miles off the Louisiana coast.

  • NEW YORK, July 14- A $6 billion takeover to create the biggest oil producer in the Bakken shale may also open up new opportunities for some big traders who ship oil from North Dakota and Montana to market.

  • Buy this oil stock on a pullback, says Cramer Friday, 11 Jul 2014 | 12:19 PM ET
    Jim Cramer

    An enterprising CEO at this oil and gas company makes its stock very attractive if it falls from current levels, says Jim Cramer.