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31 Jul 2014 10:00

Shell declares force majeure on Ukraine exploration project

LONDON, July 31 (Reuters) - Royal Dutch Shell said it has declared force majeure on an exploration project in Ukraine, which is close to the site where flight MH17 crashed, although it was too early to assess the impact of sanctions on Russia on the company. The Anglo-Dutch oil and gas comp

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31 Jul 2014 09:15

London open: Stocks flat as investors digest corporate earnings

- Lloyds falls despite H1 profit beat - Shell, BG, BT and Diageo rise after results - Weir and Rolls-Royce disappoint - US data and Fed in focus techMARK 2,771.22 -0.29% FTSE 100 6,777.11 +0.05% FTSE 250 15,521.52 -0.69% Another wave of corporate earnings was keeping investors busy on Thursday mor

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31 Jul 2014 09:07

UPDATE 3-Shell quarterly profit beats forecasts despite impairments

* Earnings $6.1 bln vs $5.46 bln forecast * Raises dividend, flags $30 billion returns to investors * Impairments of $1.943 bln related mainly to U.S. gas assets * Oil, gas production rises slightly * Shares jump 3 percent (Recasts, adds analyst rating) By Alex Law

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31 Jul 2014 08:25

Shell second-quarter profits gush higher

Oil major Royal Dutch Shell's earnings more than doubled in the second quarter, even when including a $1bn net charge due to impairments. Earnings, on a current cost of supplies (CCS) basis, surged to $5.1bn in the three months to June 30th, up from $2.4bn the year before, helped by higher liquids

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31 Jul 2014 06:18

Shell quarterly adjusted earnings rise 33 pct

July 31 (Reuters) - 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. Adjusted earnings on a current cost of suppli

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31 Jul 2014 02:46

UPDATE 1-Woodside's $2.68 bln buyback from Shell close to failing

(Adds analysis comment, share price moves) MELBOURNE, July 31 (Reuters) - Woodside Petroleum Ltd's planned $2.68 billion share buyback from Royal Dutch Shell is on the brink of failing, based on a count of votes mailed in ahead of a shareholder meeting on Friday. Woodside said on Thu

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31 Jul 2014 01:02

PHILIPPINES PRESS-Malampaya natural gas field shutdown seen in 2015 - Standard Today

The Philippine unit of Royal Dutch Shell Plc will push through with the 30-day maintenance shutdown of the country's Malampaya natural gas field in March 2015, despite calls for a new schedule to avert a power shortage, the Manila Standard Today newspaper quoted the energy secretary as saying.Read more

31 Jul 2014 00:10

Woodside's $2.68 bln buyback from Shell close to failing

MELBOURNE, July 31 (Reuters) - Woodside Petroleum Ltd's planned $2.68 billion share buyback from Royal Dutch Shell is on the brink of failing, based on a count of votes mailed in ahead of a shareholder meeting on Friday. Woodside said on Thursday about 71.3 percent of votes cast so far wer

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29 Jul 2014 15:24

BP, Shell, Morgan Stanley seek end of oil price-fixing lawsuit

By Jonathan Stempel NEW YORK, July 29 (Reuters) - 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 oi

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25 Jul 2014 17:55

EXCLUSIVE-Exxon eyes expanding Texas refinery into biggest in U.S. -sources

* Targets exports of fuel to foreign markets * Total size could be up to 800,000 bpd * First major U.S. refinery project since shale boom (Adds reactions from refinery consultant, mayor) By Erwin Seba HOUSTON, July 25 (Reuters) - Exxon Mobil Corp is considering a multibi

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25 Jul 2014 13:46

CORRECTED-UPDATE 2-Kazakhstan state energy company steps closer to London flotation

(Corrects name of NC KMG CEO to Sauat Mynbayev in paragraph 8) * KazMunaiGas offers to buy remaining shares at subsidiary * Move seen as clearest signal for public offering By Ron Bousso and David Sheppard LONDON, July 25 (Reuters) - Kazakhstan's state-owned energy company

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24 Jul 2014 11:24

UPDATE 2-BASF profit misses forecast as strong euro bites

* Q2 adj EBIT 2.05 bln eur vs 2.12 bln poll avg * BASF still sees slightly higher adj EBIT in 2014 * Says economic environment more challenging (Adds details and background on forex effect, CEO comment) By Ludwig Burger FRANKFURT, July 24 (Reuters) - BASF, the world's la

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23 Jul 2014 21:52

UPDATE 1-Colombia oil auction sells 27 pct of blocks offered

(Adds auction results, government comment, byline) By Peter Murphy CARTAGENA, Colombia, July 23 (Reuters) - Colombia drew bids for fewer than one third of the blocks it offered at its 2014 oil round on Wednesday, the government said, with most interest in more familiar and explored re

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23 Jul 2014 16:32

Nigeria naira up 0.12 pct on oil firm dollar sales

LAGOS, July 23 (Reuters) - The Nigerian naira firmed against the greenback on Wednesday, lifted by month-end dollar sales from multinational oil companies buying the local currency to meet their domestic obligations, dealers said. The local unit closed at 162.08 naira to the U.S. dollar, u

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23 Jul 2014 13:45

Europe's "ghost town" refineries spook oil company results

* Europe has 2 million bpd excess oil refining capacity * Refining margins low or negative across the region * Plants must close, oil industry analysts argue * Shell, BP, Eni results next week By Christopher Johnson LONDON, July 23 (Reuters) - Europe is coming under

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