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Shell profits fall 80%

Digital Desk -
Shell has seen its profits fall by 80% as a result of the slump in oil prices. However, the company still made £2.6bn in...
BUSINESS

Shell blames cancelled projects and lower prices for $6bn loss

Digital Desk -
Royal Dutch Shell has unveiled a US$6.1bn loss in the third quarter as a result of cancelled projects and lower oil and gas prices. The...
BUSINESS

Shell to end Alaska offshore Arctic drilling

Digital Desk -
Royal Dutch Shell is to end exploration in offshore Alaska for the foreseeable future. The company said an exploratory well drilled to 6,800 feet found...
BUSINESS

Shell to cut 6,500 jobs

Digital Desk -
Oil giant Royal Dutch Shell has said it plans to cut 6,500 jobs this year. The firm said it was taking action amid a slump...
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