Financial Times | Low Oil Prices Take a Toll on Royal Dutch Shell in Quarter 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. Oil Giant Shell Slumps To £4bn Quarterly Loss Oil majors rush cuts to hit $60 break-even |