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Shell Halts Construction at Carmon Creek Oil Sands Project
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Royal Dutch Shell has announced third quarter 2015 results.
Q3 2015 Highlights Third quarter 2015 CCS earnings (see Note [2]) were a loss of $6,120 million, 216% lower than for the same quarter a year ago. Capital investment (see Note [B]) for the third quarter 2015 was $7.1 billion and divestment proceeds were $1.0 billion. Oil and gas production for the third quarter 2015 was 2,880 thousand boe/d, an increase of 3% compared with the third quarter 2014. Excluding the impact of divestments, curtailment and underground storage reinjection at NAM in the Netherlands, a Malaysia PSC expiry, PSC price effects, and security impacts in Nigeria, third quarter 2015 production was 9% higher than for the same period last year. Equity sales of LNG of 5.31 million tonnes for the third quarter 2015…- ✓ Full news archive — U.S., Canada & international coverage
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