More earnings reports are trickling in. Royal Dutch Shell is the last oil major to report first quarter earnings, and like its peers, the Anglo-Dutch company saw its profits tumble. Shell’s current cost of supplies, likened to net profits, crashed by 83 percent from a year earlier, falling from $4.8 billion to just $0.8 billion. The results were the first since the company completed the $54 billion purchase of BG Group, and the combined company “is off to a strong start,” Shell’s CEO Ben van Beurden said . The good news for Shell is that the merger is moving quickly and the company is not seeing its cost structure rise. Related: Oil Prices Fall Back as Rally Hits a Ceiling BG Group has also added quite a bit of production to the combined company’s output. Still, Shell is still spending too much money. Shareholders are pressing the company to […]