Shell Increases 2004 Spending in Europe
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Royal Dutch/Shell Group on Wednesday announced a &#36;150 million increase in the amount of money it will spend in 2004 on exploration and production in Europe, bringing the total to &#36;1.8 billion.
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Oil giant Royal Dutch Shell Plc (RDSa.L)  beat forecasts on Thursday to report a 36 percent rise in  second-quarter current cost of supply net profit, which strips  out changes in inventory values, to $6.3 billion, thanks to  high oil prices.
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Royal Dutch/Shell announced plans to boost spending on exploration and production while selling non-core assets, making the replacement of its missing reserves a priority in restoring battered investor confidence.
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Donations to the UK Independence Party rose five-fold rise in the run-up to the European elections.
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Oil giant Royal Dutch Shell reports record annual profits for a UK company, making Â£13.9bn.
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The oil company&#39;s plans to move to a unified corporate structure extend rally into third day. LONDON  - European shares rose for a third straight session Thursday, led by Royal Dutch/Shell on news
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Royal Dutch Shell Plc  posted a 2.6 percent rise in underlying profits on Thursday, beating analysts' forecasts, thanks to higher production and strong oil prices.
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Oil giant Royal Dutch Shell reports record annual profits of Â£25.36bn (Â£12.94bn).
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BP could be forced to raise capital spending by $1.5bn (Â£820,000) next year because of sharply rising steel prices and increased competition for drilling rig services as oil companies lift investment to record levels.
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Fourth quarter gains extended in European markets Thursday even with crude oil holding above $52 per barrel.
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By Christopher Hope, Business Correspondent (Filed: 23/09/2004). Shell pledged yesterday to spend more cash on finding oil and gas over the next three years as the world&#39;s third largest oil company admitted
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Anglo-Dutch energy company Royal Dutch-Shell will boost capital spending to $15 billion a year during 2004-06 to build proven reserves.
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The European Commission said it had approved the acquisition by Spain's Repsol YSF of most of the Portuguese products and businesses belonging to Anglo-Dutch oil giant Shell.
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PARIS: European shares opened higher on Friday, led by oil heavyweights such as BP ahead of an expected decision by Opec to trim its output.
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Manufacturing growth in the 12 countries sharing the euro accelerated for the first time in five months in December after oil prices retreated from records.
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Royal Dutch Shell will go ahead with a 325,000 barrel-per-day capacity expansion of its Motiva refinery in Port Arthur, Texas, at a cost of $7 billion, the Anglo-Dutch oil group said on Friday.
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The European Parliament approves the EU budget for 2006, setting spending at Â£76bn.