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"Royal Bank of Scotland is poised to send the clearest signal yet that it is ready for the government to begin reprivatising its majority stake," writes the Financial Times. The paper says that the bank is expected to announce plans for a share sale that could start as soon as next year. According
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* Voser helped Shell recover from 2004 reserves crisis * He goes as industry faces cost squeeze, price falls * Shell looking at both external and internal candidates * CFO Henry, U.S. upstream boss Odum possible contenders * Shell joins peers in beating Q1 earnings forecas
Read moreAfter a subdued start, the FTSE 100 ended Thursday's session in a volatile fashion as traders digested an underwhelming interest-rate cut from the European Central Bank (ECB), comments from Mario Draghi and better-than-expected economic data from the States. The ECB did what was expected at midday
Read more* Security costs jump after deadly desert attack * Company sources say better contract terms needed * Amended hydrocarbon law unattractive - energy firms * Global competition due to grow as gas projects start By Julia Payne and Peg Mackey LONDON, May 2 (Reuters) - BP
Read moreHOUSTON, May 2 (Reuters) - The $10 billion expansion at Motiva Enterprises' 600,000 barrel-per-day refinery in Port Arthur, Texas, the largest in the United States, ran about 300,000 bpd in the first quarter, Royal Dutch Shell Plc Chief Financial Officer Simon Henry told analysts on Thursday.Read more
Markets were trading within a narrow range on Thursday as traders refrained from taking risk ahead of a potential rate cut from the European Central Bank (ECB) this afternoon. The consensus forecast is for a 25 basis-point cut in the ECB's key lending rate (the 'refi' rate) from 0.75% to 0.5%, give
Read more(Adds detail throughout) AMSTERDAM/LONDON, May 2 (Reuters) - Royal Dutch Shell said a fire at the propane de-asphalting (PDA) unit of its Pernis refinery in Rotterdam was put out early on Thursday morning and that the affected unit has been taken out of production. The fire started a
Read moreThe FTSE 100 was in the red in early trading on Thursday as nerves set in ahead of the all-important European Central Bank (ECB) policy decision later on. "The day of reckoning has arrived, with the market largely priced for a 25 basis-point (bp) cut in the ECB's main refinancing rate to 0.50%. The
Read moreAMSTERDAM, May 2 (Reuters) - Anglo-Dutch oil company Shell said on Thursday a fire at a plant at its Rotterdam refinery Pernis was put out early in the morning, and the affected unit has been taken out of production. The fire started around 0200 GMT, and fire fighters brought the fire unde
Read more(Corrects Voser's age to 54, not 55) By Andrew Callus LONDON, May 1 (Reuters) - Royal Dutch/Shell's 54-year old chief executive Peter Voser is to retire next year in a surprise early departure he said was driven by a desire for a change of lifestyle. Voser has run Europe's top
Read moreRoyal Dutch Shell has announced that its Chief Executive Officer (CEO) Peter Voser is to step down from the board next year, as the oil giant revealed that profits came in ahead of forecasts in the first quarter. Voser, who was appointed as CEO in July 2009, has elected to retire in the first half
Read moreLONDON, May 2 (Reuters) - Europe's top oil company Royal Dutch Shell said on Thursday that its chief executive since 2009, Peter Voser, would retire next year as it reported first quarter results that beat expectations. Shell, the last of the western world's top four oil companies to report
Read moreLONDON, May 2 (Reuters) - Europe's top oil company Royal Dutch Shell said on Thursday that its chief executive since 2009, Peter Voser, would retire next year as it reported first quarter results that beat expectations. Shell, the last of the western world's top four oil companies to report
Read more(Adds detail about chem plant flaring, paragraph 4) HOUSTON, May 1 (Reuters) - Royal Dutch Shell Plc's U.S. unit Shell Oil Co began maintenance on Wednesday at its Norco, Louisiana, chemical plant, a Shell spokeswoman said. Shell posted a notice Wednesday on the St. Charles Parish we
Read moreHOUSTON, May 1 (Reuters) - Royal Dutch Shell Plc's U.S. unit Shell Oil Co began maintenance on Wednesday at its Norco, Louisiana, chemical plant, a Shell spokeswoman said. Shell posted a notice Wednesday on the St. Charles Parish website warning residents in the area of flaring from the ch
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