** Shell's UK-listed shares up 3 pct after the oil major reported market-beating Q2 profit ** Co plans to cut 6,500 jobs, reduce spending and sell assets to deal with continued lower oil price ** Co's dual-class shares top gainers on the bluechip FTSE 100 index and the STOXX Europe 6
Read more(ShareCast News) - Royal Dutch Shell revealed 6,500 job cuts, following a 35% decline in quarterly profit and warned about the oil price slump lasting "several years". Adjusted profits of $3.8bn from the Anglo-Dutch giant, though down on an annualised basis, beat analysts' consensus estimate of $3.4
Read moreMOSCOW, July 30 (Reuters) - The third train at Russia's sole LNG plant Sakhalin-2 could be launched in 2021, Sakhalin Energy, which runs the project, said on Thursday. It said in its corporate newspaper the final investment decision on the construction of the third train was expected in the
Read moreLONDON, July 30 (Reuters) - Royal Dutch Shell said on Thursday it will further reduce 2015 capital investment to $30 billion, down by 20 percent from a year ago as it expects the downturn in oil prices to "last for several years." Shell earlier this year cut its capital expenditure, or cape
Read more(Corrects day in paragraph 2 to Thursday) TOKYO, July 30 (Reuters) - Idemitsu Kosan Co Ltd, Japan's second-biggest refiner, has agreed to buy about a 33 percent stake held by Royal Dutch Shell in fifth-ranked Showa Shell Sekiyu for about 160 billion yen ($1.3 billion), the Nikkei business d
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