RDSA.L Share News (RDSA)

Wednesday broker round-up

(ShareCast News) - Lancashire: JP Morgan keeps at neutral with a target price of 595p. Rolls Royce: UBS stays at neutral, 800p target. Rio Tinto: Barclays reiterates overweight with a 3200p target. Derwent London: Goldnman Sachs reiterates buy with a 3035p target. TUI AG: UBS reiterates buy with

Trans Niger Pipeline reopens after month-long shutdown -Shell

NEW YORK, Nov 1 (Reuters) - Nigeria's Trans Niger Pipeline, one of two conduits to export Bonny Light crude, reopened Oct. 28 after a month-long shutdown, a spokeswoman for Shell said late Tuesday. The 180,000 bpd pipeline had been shut as a precautionary measure on Sept. 26 after a fire wa

Britain's FTSE pulled lower as StanChart and BP drop

* FTSE 100 index down 0.5 pct at close * StanChart and BP among top fallers * Precious metals miners lead (Adds detail and updates with closing prices) By Kit Rees and Atul Prakash LONDON, Nov 1 (Reuters) - Britain's top share index fell slightly on Tuesday, with Standar

WRAPUP 3-Shell takes top earnings spot from Exxon as oil majors adapt to low prices

* Shell stocks rise over 4 percent as it beats estimates * BP falls over 4 percent as results boosted by one-off gain * Most oil majors report estimate-beating Q3 earnings * Graphic http://tmsnrt.rs/2c0eSev (Adds Shell CFO comment, updates shares) By Ron Bousso and Karol

Shell selling 2 assets in U.S. Permian basin -CFO

LONDON, Nov 1 (Reuters) - Royal Dutch Shell is selling two small land packages in the U.S. Permian Basin but will also consider acquisitions in the oil-rich West Texas province, Chief Financial Officer Simon Henry said on Tuesday. Shell, which is in the midst of a $30 billion disposal progr

South African mining bill amended, but doubts remain

* Govt seeks regulatory certainty in mining sector * Legislators say bill could be challenged in court By Wendell Roelf CAPE TOWN, Nov 1 (Reuters) - South Africa's parliament passed amendments to a long-delayed mineral resources law on Tuesday, though doubts remain over whether

Somalia to launch first offshore oil license round in 2017

CAPE TOWN, Nov 1 (Reuters) - Somalia will launch its first hydrocarbon licensing round early next year targeting offshore blocks, a government official said on Tuesday. Shallow water block concessions signed in 1988 by Shell and ExxonMobil are excluded from the new bid round, said Jamal Ka

WINNERS & LOSERS SUMMARY: Standard Chartered Sold As Profit Misses

UPDATE 1-Shell beats profit forecasts, targets lower 2017 spending

* Net income rises to $2.8bln, beating forecasts, * Shell holds 2017 capex at $25bln * "Outlook remains uncertain" says CEO van Beurden (Recasts, adds CEO comment, shares, BP results) By Ron Bousso LONDON, Nov 1 (Reuters) - Royal Dutch Shell reported an 18 percent rise

Shell reports 18 pct rise in quarterly profit, beating forecasts

LONDON, Nov 1 (Reuters) - Royal Dutch Shell reported an 18 percent rise in underlying net profit for the third quarter on Tuesday, beating analysts' forecasts as it announced next year's capital spending will be at the bottom of the expected range. Net income in the quarter, based on a cur

Shell's Q3 earnings improve but outlook remains uncertain

(ShareCast News) - Royal Dutch Shell's third quarter results improved from the second and beat forecasts, however the oil giant remains uncertain about the oil price outlook. Earnings, excluding exceptional items, rose 18% to $2.8bn compared to the same quarter last year, above the forecast consensu

Shell eyes next oil licensing round in Norway after pulling out of latest one

BODOE, Norway, Oct 31 (Reuters) - Royal Dutch Shell expects to take part in the next bidding round for exploration licences offshore Norway, after dropping out of the latest one, the head of its Norwegian unit said on Monday. The oil major pulled its application from Norway's 23rd Arctic-f

Shell, Vitol boost UAE storage to handle Iraqi crude-sources

By Rania El Gamal DUBAI, Oct 31 (Reuters) - Royal Dutch Shell and trading house Vitol are stepping up their operations in the port of Fujairah to store Iraqi crude as production from the OPEC member rises, industry sources said. Iraq is OPEC's second largest producer after Saudi Arabi

Tuesday preview: BP and Shell report quarterly results

(ShareCast News) - BP is on Tuesday expected to reveal its profits more than halved in the three months to September as low oil prices continue to weigh. The oil producer is forecast to post quarterly underlying profits of $780m, down from $1.8bn in the same period a year earlier, as oil prices aver

REFILE-UPDATE 1-Norway expects up to 15 development plans from oil firms in 2017/2018

(fixes typo in headline) BODOE, Norway, Oct 31 (Reuters) - Oil firms are expected to submit up to 15 development plans for oil and gas fields off Norway over the next two years, the head of the Norwegian Petroleum Directorate told Reuters on Monday. Oil firms worldwide have been slash