Royal Dutch Shell reported an 11 percent rise in fourth quarter profits on Thursday, beating analysts' forecasts, as higher oil prices and stronger refining margins outweighed the impact of lower U.S. gas prices.
Thursday, 12 Apr 2012 | Source: The Associated Press
After a sheen was spotted near Shell's Mars and Ursa oil platforms in the Gulf of Mexico, the company sent a spill response vessel to the area, and now reports no sign of leaks from its platforms.
Qatar signed a deal with Royal Dutch Shell on Sunday to develop a $6.4 billion petrochemicals complex in the Ras Laffan industrial city in the Gulf Arab state.
Happy Friday! More than 180 of the S&P 500 companies are poised to post earnings next week—check out what analysts expect from the reports and how the sectors have performed this week... Read More
Natural gas is already displacing coal in power generation, and there's more talk now that it could replace some gasoline in transportation... Read More