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* Housing starts, UMich data on tap * Morgan Stanley, GE higher after results * Intel falls after results, outlook * Futures up: Dow 43 pts, S&P 4.2 pts, Nasdaq 7.75 pts By Chuck Mikolajczak NEW YORK, Jan 17 (Reuters) - U.S. stock index futures advanced on Friday, in
Read more* Q4 adjusted CCS earnings $2.9 bln, below $4 bln forecast * Warning first announcement by new CEO * Shares down 2 percent By Kate Holton LONDON, Jan 17 (Reuters) - Royal Dutch Shell issued a "significant" profit warning on Friday, detailing across-the-board problems and t
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- UK retail sales grow fastest since 2004 - Shell issues big profit warning - Insurers gain after data on premiums techMARK 2,851.71 +0.28% FTSE 100 6,832.59 +0.25% FTSE 250 16,197.26 -0.08% Markets were registering moderate gains by Friday lunchtime as investors reacted to a surprise surge in UK
Read moreAMSTERDAM, Jan 17 (Reuters) - The Dutch cabinet is meeting to discuss whether to cut production at the huge Groningen gas field, a spokesman for Economics Minister Henk Kamp said on Friday, and a decision may be announced as soon as this afternoon. The gas field near Slochteren in the north
Read moreOSLO, Jan 17 (Reuters) - Royal Dutch Shell has scheduled a partial maintenance at its giant Ormen Lange gas plant from May 21 to June 6, reducing power consumption at the plant from 190 megawatts to 120 MW, the Nordic power bourse said on Friday. The Ormen Lange gas plant is one of Norway's
Read more- Shell issues profit warnings, oil stocks fall - UK retail sales, US consumer sentiment data out - FTSE 100 holds near eight-month high techMARK 2,853.35 +0.34% FTSE 100 6,822.56 +0.10% FTSE 250 16,229.98 +0.13% Markets opened more or less flat on Friday morning ahead of a busy day for economic d
Read more- Q4 earnings 'significantly lower' than recent levels - Profits miss market forecasts by a wide margin - Full-year earnings well below last year Oil major Royal Dutch Shell has warned that fourth-quarter profits will be 'significantly lower' than recent levels as the company had to deal with tough
Read moreLONDON, Jan 17 (Reuters) - Royal Dutch Shell warned on Friday that its fourth-quarter figures are expected to be significantly lower than recent levels of profitability because of current oil and gas prices and problems in the downstream environment. Shell, which missed analyst forecasts fo
Read moreNEW YORK, Jan 16 (Reuters) - U.S. Gulf Coast cash crude
grades pared gains on Thursday reversing this week's rally as
refinery outages and planned maintenance work outweighed supply
issues, traders said. Light Louisiana Sweet
Jan 16 (Reuters) - Royal Dutch Shell Plc said "one or more of its unit(s)" experienced an operational upset at its 327,000 barrel-per-day (bpd) Deer Park, Texas, refinery on Thursday, which resulted in flaring. The company had reported flaring after a power blip at its facility in Deer park
Read more* Cost rise, tax hike squeezes margins * Frontier projects, small developments at risk * Oil prices seen coming down * Investment growth to stop, then fall (Adds company comments in 8th paragraph) By Henrik Stolen, Gwladys Fouche and Joachim Dagenborg OSLO, Jan 16
Read more* Cost rise, tax hike squeezes margins * Frontier projects, small developments at risk * Oil prices seen coming down * Investment growth to stop, then fall By Henrik Stolen, Gwladys Fouche and Joachim Dagenborg OSLO, Jan 16 (Reuters) - Delays to flagship Arctic proje
Read more* Oil, gas output seen stagnating this year * Investment growth coming to a halt * Big increase in Arctic resource estimate By Gwladys Fouche STAVANGER, Norway, Jan 15 (Reuters) - Norway cut it oil and gas production forecasts on Wednesday and warned that rising costs are
Read moreSTAVANGER, Norway, Jan 15 (Reuters) - Norway reduced its 2014 oil production forecast on Wednesday but sharply raised its estimate for undiscovered resources, primarily on more oil and gas in the Arctic Barents Sea, the Norwegian Petroleum Directorate (NPD) said. Norway sees oil and gas pro
Read moreHOUSTON, Jan 14 (Reuters) - California gasoline was steady in the Los Angeles wholesale market on Tuesday on work at three of the state's refineries, traders said. January-delivery CARBOB gasoline in L.A. was discounted 10 cents a gallon under February NYMEX RBOB gasoline. In the San Franci
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