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Month: February 2016

Category:
  • United Kingdom

Shell vows more cuts as annual profit sinks on weak oil prices

Royal Dutch Shell ( RDSa.L ), Europe’s largest oil company, reported its lowest annual income in at least 13 years on Thursday, vowing to take further steps to weather the Continue Reading

Posted On : 4 Feb 2016 Published By : Tom Whipple
Category:
  • United Kingdom

Shell Fourth-Quarter Profit Drops 44% as Crude Prices Tumble

Royal Dutch Shell Plc, which is on the brink of completing the oil industry’s largest deal in a decade, said fourth-quarter profit fell 44 percent after the rout in crude Continue Reading

Posted On : 4 Feb 2016 Published By : Tom Whipple
Category:
  • Germany
  • Nuclear

Germany’s Merkel Pledges to Keep Funding Nuclear-Fusion Research

Angela Merkel prepares to press the button to generate the machine’s first burst of hydrogen plasma. German Chancellor Angela Merkel said her government is committed to funding nuclear-fusion research as Continue Reading

Posted On : 4 Feb 2016 Published By : Tom Whipple
Category:
  • Norway

Statoil Deepens Cuts to Maintain Dividends Amid Crude Slump

Statoil ASA, Norway’s biggest oil company, deepened investment cuts and offered to pay dividends in stock as a collapse in crude prices eroded earnings. The company said it plans to Continue Reading

Posted On : 4 Feb 2016 Published By : Tom Whipple
Category:
  • United Kingdom

Shell Profit Battered by Weak Oil Prices

Shell’s earnings have come under pressure from weak oil prices. The Anglo-Dutch oil company’s fourth-quarter profit on a current cost-of-supplies basis—a number similar to the net income that U.S. oil Continue Reading

Posted On : 4 Feb 2016 Published By : Tom Whipple
Category:
  • Syria

The Migrant Crisis: No End in Sight

This year, 368 people have died making the journey across the Mediterranean, 60 of them children, migration figures show . Since the beginning of the year 19,781 minors have arrived Continue Reading

Posted On : 4 Feb 2016 Published By : Tom Whipple
Category:
  • Global

The rise of humankind, in one mesmerizing map

GToday, human influence has transformed almost every part of the globe. But looking at the span of human history, this wasn’t the case until quite recently. That’s one of the Continue Reading

Posted On : 4 Feb 2016 Published By : Tom Whipple
Category:
  • Prices

Oil rises after Russia says open to OPEC meeting

Oil rose on Wednesday, paring earlier losses after fresh comments from Russia about its openness to talk with OPEC over output cuts helped revive hope among investors that the world’s Continue Reading

Posted On : 3 Feb 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Fall as Hopes for Production Cuts Fade

Crude prices were down Tuesday as hopes for production cuts from major producers faded and investors focused back in on the weak fundamental factors underpinning the oil markets. The global Continue Reading

Posted On : 3 Feb 2016 Published By : Tom Whipple
Category:
  • Prices

Oil slips towards $33 as hopes for production cut fade

Oil prices fell on Tuesday, dented by worries about the demand outlook and rising supply, while hopes for a deal between OPEC and Russia on output cuts faded. Brent for Continue Reading

Posted On : 3 Feb 2016 Published By : Tom Whipple

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