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Royal Dutch Shell has reported its lowest annual income in at least 13 years. There were also depressed numbers from Norway's biggest energy company Statoil as well as ConocoPhillips.
The bad news keeps pouring out of the oil industry. BP suffered its biggest loss in 20 years and Exxon Mobil has reported its smallest quarterly profit in more than a decade.
Royal Dutch Shell has confirmed plans for 2,800 more job losses should its takeover of BG Group succeed. The cuts come on top of 7,500 redundancies
Royal Dutch Shell has reported a pre-tax loss of $9.1 billion (8.3 billion euros) in the third quarter, largely due to the cost of shelving several
Actress Emma Thompson helps to haul a giant polar bear through the streets of London as part of Greenpeace’s celebrations at news that Shell is
Royal Dutch Shell has abandoned its search for oil in the Arctic after failing to find enough supplies of crude during a seven-year quest. It has
Greenpeace protesters in the US city of Portland have successfully forced an icebreaker to turn back and change course. The 13 demonstrator stopped
OPEC says it expects oil prices to become more stable over the next year. Despite oil prices dropping over 50 percent since 2014 the organisation
Protesters in Seattle are not giving oil giant Shell any peace. After the arrival of the first of two giant rigs destined for Arctic drilling at the
Hundreds of activists decked out in neoprene wetsuits and life jackets took to the waters of Elliott Bay on Saturday to protest against drilling for
Arctic riches beckon. Anglo-Dutch oil company Shell has received renewed permission from the US government to prospect in Alaska’s Chukchi Sea