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Stocks Royal Dutch Shell PLC

  • East Coast Takes a Beating as Sandy Nears Landfall

    Sandy has made landfall along the coast of southern New Jersey. While downgraded to a post-tropical cyclone, it still has sustained winds of 85 mph.

  • East Coast Grinds to a Halt as Superstorm Sandy Nears

    Hurricane Sandy began veering as predicted early Monday on a path that would take it over Washington, Baltimore, Philadelphia and New York putting it on a path that could endanger 50 million people.

  • SINGAPORE, Oct 29- U.S. crude futures slipped below $86 a barrel on Monday as refineries along the East Coast lowered run rates ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer. *U.S. crude for December delivery fell 43 cents to $85.85 a barrel by 2316 GMT.

  • Here's Why Sandy Is Such a Monster Storm

    5 reasons why Sandy is expected to be a superstorm.

  • LONDON, Oct 26- Ports around the world are considering liquefied natural gas as a ship fuel in a drive to reduce carbon emissions, but the shift will be slow due to the high capital costs of fitting ports and vessels and a lack of investors, industry players say.

  • LONDON/ SAN FRANCISCO, Oct 26- Top oil companies in the western world are missing out on the full benefits of strong crude prices because of costly production outages and delays in bringing on new capacity, third-quarter results are set to show. ``Earnings are... down 13 percent year-on-year, worse than the 2 percent decrease in Brent prices- once again demonstrating the majors' poor margin capture in a strong commodity price environment and rising cost pressures,'' said Credit Suisse analysts in a note on the top European players.

  • LONDON, Oct 25- International oil company BP, weakened and distracted by its troubles in the United States and Russia, is in danger of losing touch with the leaders in an industry where strength and focus yield the richest pickings. ``I can't help thinking they've sort of lost their way.'' Everywhere you look, they're falling behind, `` said a senior executive of one rival this week.

  • GENEVA, Oct 25- Nigerian oil exports in December are expected reach the highest level since May, pointing to a swift recovery of production after floods knocked out a fifth of the output in the top African producer.

  • LONDON, Oct 25- International oil company BP, weakened and distracted by its troubles in the United States and Russia, is in danger of losing touch with the leaders in an industry where strength and focus yield the richest pickings. ``I can't help thinking they've sort of lost their way.'' Everywhere you look, they're falling behind, `` said a senior executive of one rival this week.

  • NEW YORK-- In a story Oct. 23 about the boom in U.S. oil production, The Associated Press misidentified the year and amount of peak U.S. oil output. US could soon overtake Saudi Arabia as world's biggest oil producer; output is booming. NEW YORK _ U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

  • SAN RAMON, Calif.-- Chevron Corp. said Thursday that it found natural gas during exploratory drilling off the coast of western Australia. San Ramon- based Chevron's Australian subsidiary is operating the project and owns 50 percent, with units of Royal Dutch Shell and Exxon Mobil Corp. each holding 25 percent.

  • Royal Dutch Shell plc, Europe's largest oil company, is expanding its substantial presence in the North Sea with a $525 million purchase of stakes in oil fields there from Hess Corp.. The fields are operated by a separate company, Apache Corp.. Hess, which is based in New York, has sold off $2.4 billion worth of assets this year.

  • NEW YORK, Oct 23- Rosneft will eclipse the Western supermajors in crude output once the Russian state-controlled oil producer takes over rival TNK-BP, but despite its size, the company will hardly punch its weight in energy trading.

  • NEW YORK-- U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer. The Energy Department forecasts that U.S. production of crude and other liquid hydrocarbons, which includes biofuels, will average 11.4 million barrels per day next year.

  • LAGOS, Nigeria-- Royal Dutch Shell PLC warned Tuesday that it won't be able to make its estimated production for two types of oil pumped from Nigeria, largely blaming attacks on its pipelines by thieves wanting to steal crude.

  • Weak or cautious forecasts this week from major manufacturers including 3 M Co., Korean steel maker Posco and heavy equipment manufacturer Caterpillar contributed to concern about global economic growth. Exxon Mobil Corp. fell $1.94, or 2.1 percent, to $90.25; and ConocoPhillips fell $1.12, or 2 percent, at $55.92;.

  • Light synthetic crude for November delivery last sold for $3.90 a barrel over benchmark West Texas Intermediate, compared with $4.25 a barrel over WTI on Thursday, according to Shorcan Energy Brokers. November Western Canada Select heavy blend was quoted at $14.75 a barrel under WTI, a 10 cent deeper discount on the day.

  • ANCHORAGE, Alaska-- The Interior Department's deputy secretary said Thursday that there will be no slowdown of the permitting process for Arctic offshore drilling if President Obama is re-elected. Royal Dutch Shell PLC was allowed to begin exploratory drilling in the Beaufort and Chukchi seas off Alaska's north shores this summer, but U.S.

  • NAIROBI, Oct 12- Somalia does not plan to nullify oil and gas exploration contracts made in recent years in favour of those that were signed prior to the toppling of the government in 1991, a senior state official said on Friday.

  • LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.