Open Joint Stock Company Rosneft Oil Company (MICEX:ROSN) and Saras S.p.A. (BIT:SRS) are eying the petrol station network in Italy of Royal Dutch Shell plc (LSE:RDSA). "I think they (Rosneft) are probably going to take a look and we hope to be able to cooperate with them," Saras Managing Director Dario Scaffardi said. "They (Rosneft) have a definite interest in expanding their supply chain from upstream to downstream," Scaffardi said. According to Reuters, Rosneft declined any immediate comment.

Saras S.p.A. (BIT:SRS) intends to acquire Italian fuel stations of Royal Dutch Shell plc (LSE:RDSA), Dario Scaffardi, Chief Executive Officer of Saras, told Corriere della Sera. According to Scaffardi, Saras is interested in Shell's retail business in Italy so as to complement its own operations. Shell said in April 2013 that the company was considering the sale of its retail, aviation, and supply and distribution activities in Italy to focus on its global downstream business.

Royal Dutch Shell plc announced unaudited consolidated earnings and operating results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue was $112,810 million against $119,920 million a year ago. Income before taxation was $13,298 million against $15,398 million a year ago. Income attributable to the company was $8,176 million against $8,737 million a year ago. Diluted earnings per share were $1.29 against $1.40 a year ago. Net cash from operating activities was $11,559 million against $13,439 million a year ago. Capital expenditure was $7,862 million against $6,456 million a year ago. Excluding working capital movements, cash flow from operating activities for the first quarter 2013 was $11.5 billion compared with $12.7 billion in the same period last year. For the quarter, the company reported liquids production available for sale was 1,640,000 b/d against 1,682,000 b/d a year ago. Natural gas production available for sale was 11,132 million scf/d against 10,844 million scf/d a year ago. Total production available for sale was 3,559,000 boe/d against 3,552,000 boe/d a year ago.