del refers to the partial derivative, with LaTeX symbol \partial. d refers to the total derivative.
"del F/del y = d/dx(del F/del y')" is just the Euler-Lagrange equation.
"del F/del y = d/dx(del F/del y')" is just the Euler-Lagrange equation.
The current notation is simply more flexible and easier to use, and it remains unambiguous because we have access to these two operators $\dfrac{\partial}{\partial x}$ and $\dfrac{d}{dx}$.