Posts by reuters:

Shell reports falling profit amid oil price slump

Exxon, Shell want Nigeria’s $1.8bn. American court ruled against them

A U.S. judge on Wednesday rejected Exxon Mobil Corp’s and Royal Dutch Shell Plc’s effort to revive a $1.8 billion arbitration award against Nigeria’s state-run oil company, which stemmed from a dispute over a 1993 contract to extract oil near the African country’s coastline. U.S. District Judge William Pauley in…

Hurricane Katia hits Mexico’s Veracruz State

A storm, Hurricane Katia, ‎hit the working-class beach resort of Tecolutla in Veracruz on the Mexican Gulf coast,the United States National Hurricane Center, NHC, said, Friday. NHC said the hurricane lost some strength before it landed about 115 miles (185 km) northwest of the port city of Veracruz as a…