New York Times | Low Oil Prices Take a Toll on Royal Dutch Shell New York Times The financial results for the company, based in The Hague, come as the oil industry is grappling with its biggest challenges in decades. Not only must Shell and other companies adapt to the deep and potentially protracted slump in oil and gas prices ... Low prices are crushing Canada's oil sands industry. Shell's the latest casualty. Shell posts $7.4bn loss as crashing oil price and writedowns sink profits Shell profits slump after weak oil forces Alaska, Canada write-offs |