Royal Dutch Shell
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Bulgaria signs deal with Shell for deep-water oil and gas exploration
Bulgaria sealed a deal with Royal Dutch Shell on Feb. 23 to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total dependence on Russian natural gas.
Shell reports profits plunge on oil price slump
Royal Dutch Shell on Feb. 4 announced an 87-percent plunge in annual net profits on slumping oil prices.
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Shell says it will cease Alaska offshore Arctic drilling
Royal Dutch Shell will cease exploration in Arctic waters off Alaska's coast following disappointing results from an exploratory well it just completed.
Gazprom profit jumps 71 pct on weak ruble, robust prices
Russia's largest gas producer Gazprom beat expectations with a 71 percent jump in first-quarter net profit after weakness in the ruble more than compensated for a drop in sales volumes to Europe.
Royal Dutch Shell to cut 6,500 jobs on oil price slump
Royal Dutch Shell on July 30 said it plans to reduce its headcount by 6,500 this year owing to sliding oil prices and as it looks to complete a mega takeover.
Oil refiners' mini golden era will end soon: IEA
A brief period of high profitability for the world?s oil refineries is likely to come to an end as quickly as it began, the International Energy Agency (IEA) said on July 10.
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US walrus protections hit Shell's Arctic drilling plan
The Obama administration dealt a setback to Royal Dutch Shell's Arctic oil exploration plans on June 30, saying established walrus and polar bear protections prevent the company from drilling with two rigs simultaneously at close range, as it had planned.
Shell holds talks in Iran on post-sanction business
Royal Dutch Shell has recently held talks in Iran to discuss business cooperation with the oil and gas-rich country, in preparation for the possible removal of international sanctions on Tehran.
OMV warns on Libya, Yemen as profit hit by oil slump
Austrian energy group OMV said on May 18 it was unlikely to resume production in war-torn Libya or Yemen before winter, after headline profit fell by half as low oil prices weighed on its upstream business.
Shell, Total align trading and refining units to drive profit growth
Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into their territory.