FTSE slips on Shell

Royal Dutch/Shell Group reported costs at their Sakhalin oil and gas project off the coast of Russia may double to $20bn, while the start-up might be put back by eight months. The firm has lost 8.75p to 540.25p this morning. BP and Rio Tinto have also declined 10.5p to 615p and 24p to 1777p respectively. Natural gas company, BG Group has shed 8p to 461.25p. British Airways meanwhile, has added 6.75p to 279.25p, buoyed by falling oil prices, while Severn Trent has picked up 13p to 966p. In Tokyo, the Nikkei 225 Stock Average dropped a fraction to 11,758.68 however, the benchmark stil...