Royal Dutch Shell says to axe further 2,200 jobs
London (AFP) – Energy giant Royal Dutch Shell on Wednesday said it was cutting at least another 2,200 jobs owing to low oil prices and following its takeover of smaller rival BG Group. “Shell staff 25
Oil Prices
Oil expected to drop after meeting in Qatar collapses
DOHA, Qatar (AP) — A meeting of oil-rich countries in Qatar that had been expected to boost crude prices by freezing production fell apart Sunday as Iran stayed home and vowed to increase its output 25
Global oil producers meeting disrupted by absence of U.S. and Iran
DOHA, Qatar – Oil-producing countries met Sunday in Qatar to discuss a possible freeze of production to counter low global prices, but Iran’s last-minute decision to stay home could dilute the impact of any agreement. 25
Oil prices back to square one
NEW YORK, April 1 (UPI) — Oil prices took one of their biggest hits of the year Friday as pressure from Riyadh’s response to a production freeze was doubled by weak U.S. labor figures. Mohammed bin 25