12:16 – 06 July 2007
Royal Dutch Shell led the London market higher amid reports of a major exploration campaign in the Arctic.
The stock gained more than 2%, or 50p, to 2106p after it emerged that the firm was set to embark on the new venture in a bid to exploit untapped oil and gas reserves in the Beaufort Sea.
The heavily-weighted stock helped the FTSE 100 Index move 39.8 points ahead to 6675 by mid-morning.
shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
0 Comments on “thisisderbyshire.co.uk: Shell exploration drives FTSE gains”
Leave a Comment