Royal Dutch Shell, Europe’s largest oil producer, is marketing its first bonds in Europe since 2009 as the cost of borrowing in euros relative to U.S. dollars approaches the lowest in more than five years. Photographer: Andrey Rudakov/Bloomberg has suspended work on its joint venture with to develop Russian shale oil, the latest evidence that co-operation between western and Russian oil companies has ground to a halt because of sanctions. Alexander Dyukov, chief executive of Gazprom Neft, the oil division of state gas giant , announced the move on Friday. “They [ Shell ] have stopped working on this joint venture, but we are continuing to work by ourselves,” he said in comments carried by Russian newswires. The move comes after ExxonMobil announced it was suspending all […]