CNBC | Looking for yield? Big oil is trying to convince you they are the place to be CNBC The oil majors are rushing to assure investors their high yields are safe. Several oil major reported today, including Conoco Phillips and Royal Dutch Shell. Both affirmed that production would begin dropping, but one thing the oil majors are NOT ... BG joins oil price casualties as profits slide 65 per cent Cheap oil prompts Shell to cut 6500 jobs Shell cuts 6500 jobs as oil price slump continues |