Weak oil prices: Shell vows more cuts as annual profit sinks

04 February 2016, London — 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 worst downturn in over a decade. Shell, whose shareholders last week approved its takeover of rival BG Group (BG.L), said 2015 income […] More »