AMSTERDAM (AP) - Royal Dutch Shell PLC, Europe's largest oil company, says third quarter earnings fell due to weaker refining conditions, and higher exploration and production expenses. In addition, production fell by 2 percent to 2.93 million barrels per day, due to shutdowns of facilities for maintenance, notably in Nigeria, where Shell has suffered from attacks on pipelines.

AMSTERDAM (AP) Royal Dutch Shell PLC, Europe's largest oil company, says third quarter earnings fell due to weaker refining conditions, and higher exploration and production expenses. In addition, production fell by 2 percent to 2.93 million barrels per day, due to shutdowns of facilities for maintenance, notably in Nigeria, where Shell has suffered from attacks on pipelines.

The company reported earnings on a current cost of supplies basis which strips out the impact of fluctuations of oil prices between when it is produced and when it is sold of $4.25 billion (3.10 billion euros), compared with $6.15 billion in the same quarter a year ago.

Outgoing CEO Peter Voser said Shell's woes are mostly short term, as he expects costs to fall in 2014 and the company's underlying production is growing.