Thu, 01st Aug 2013 06:20
LONDON, Aug 1 (Reuters) - Royal Dutch Shell took a$700 million hit in second quarter profits on Thursday forcontinuing oil thefts and disruption to its Nigeria operationsand for the tax impact of a weakening Australian dollar.
The impact was included in Shell's adjusted second quarternet earnings on a current cost of supply basis, which came in at$4.6 billion, down from $5.7 billion a year ago and belowanalysts' expectations.
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.
(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...
(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...
TOP NEWS SUMMARY: Shell and BHP share unifications go into effect