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Shell profits fall 11% as soft oil prices hit the bottom line but it hikes dividend for investors

Shell reported weaker-than-expected profits in the fourth quarter amid steep falls in oil prices. The oil major reported net profit of $3.3billion, an 11 per cent drop from the previous year as the ...
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Shell to buy Canada's ARC Resources in $16.4B cash and stock deal

Shell (SHEL) said Monday it agreed to acquire Canadian energy company ARC Resources (AETUF) in a deal valued at US$16.4B, ⁠including debt, in a deal it said will increase its exposure to the Motney ...