January 26. 2016/Reuters THE HAGUE/ By Karolin Schaps Royal Dutch Shell (RDSa.L) shareholders approved its $50 billion takeover of BG Group (BG.L) on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas (LNG) trader in the world. BG shareholders are also expected to approve one of […]
Tag: Royal Dutch Shell
Total’s Quarterly Profit Drops as Refining Margins Narrow
Total SA (FP), Europe’s third-largest oil producer, reported a 19 percent decline in fourth-quarter profit as refining margins in the region narrowed and output dropped. The company raised its dividend. Profit excluding changes in inventories dropped to 2.47 billion euros ($3.4 billion) from 3.04 billion euros a year earlier, the […]
Shell warns of “significant” profit miss
Royal Dutch Shell (RDSa.L) warned on Friday that its fourth-quarter figures are expected to be significantly lower than recent levels of profitability because of oil and gas prices and problems with its refining business. The sharp cut in forecasts for earnings on a current cost of supplies basis (CCS), excluding […]
