– Lower crude oil prices continue to present problems for the industry and Shell is now focused on retooling efforts, the chief executive officer said. “We are making significant and lasting changes to Shell’s working practices and cost structure,” CEO Ben van Buerden said in a statement. Shell, moving through ... Read More »

MOSCOW, April 1  — Russian energy company Gazprom said it was working to meet the full gas demands for South Ossetia, a republic near the center of rows over European power. Gazprom Chairman Alexei Miller met in Moscow with South Ossetian President Leonid Tibilov to review gas supplies to the ... Read More »