HOUSTON, May 4 (Reuters) - Los Angeles gasolinedifferentials fell on Wednesday as Exxon Mobil Corp's 149,500 barrel per day (bpd) Torrance, California refinery wasrestarting following a 15-month shutdown, traders said. In the Pacific Northwest, differentials were strongerbecause of planned maintenance on BP's 315,000 bpdOlympic Pipeline set to begin on Thursday. The pipeline runsfrom Blaine, Washington to Portland, Oregon. The company alerted shippers to the work in March, aspokesman for BP said. Separately, Shell was conducting planned andunplanned maintenance at the company's 156,400 bpd Martinez,California refinery. * Prompt Los Angeles CARBOB
Shell announces $4bn share buyback as Q3 profits beat expectations
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.