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Today in the Fortune 500: Shell postpones plans to drill in arctic waters,...
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business. By...
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Today in the Fortune 500: Chesapeake sheds gas assets, Ford increases...
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business. By...
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Today in the Fortune 500: JPMorgan loans $20 billion to AT&T for T-Mobile...
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business. By...
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What I learned aboard Shell's grounded Alaskan oil rig
Last year, Fortune went inside the Kulluk, the oil-drilling ship Shell planned to use to tap oil reserves in the Arctic Ocean. Now those hopes may be dashed. By Jon Birger FORTUNE -- Last March I...
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America’s man in the Arctic supports ‘environmentally sound’ drilling
Recently appointed as the nation's first special representative for the Arctic, Admiral Robert Papp arrives in the region just as Russia and Canada are clamoring for a piece of its vast oil and gas...
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Big Oil needs to go on a diet now that the $100 a barrel party is over
Energy companies will need to do more than just cut costs and renegotiate service contracts to remain afloat at $40 a barrel oil--they need to quit being so darn sloppy. A decade of strong oil prices...
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As Shell swallows BG, here are 5 other huge energy deals
Royal Dutch Shell has agreed to take over BG Group in a $70 billion deal that is the largest energy deal in a decade, and the third largest ever by enterprise value. The move signals continued...
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Shell’s $70 billion acquisition comes with several potential pitfalls
Shell’s big bet on liquefied natural gas (LNG) is far from a sure thing. It is LNG, not oil, that’s truly behind the European energy giant’s $70 billion acquisition of Britain’s BG Group, which was...
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Shell’s former chairman made a startling comment about climate change
When the oilmen themselves are arguing for stronger action to fight climate change, it’s probably time to start acting. Sir Mark Moody-Stuart, the former chairman of oil giant Royal Dutch Shell , said...
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Polar bears and walruses are spoiling Shell’s Arctic drilling plans
Royal Dutch Shell's Arctic oil exploration plans have been dealt a major blow after the Obama administration cited wildlife protections that prevent the company from drilling two wells into the Chukchi...
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This gas station bathroom is nicer than your apartment
Gas station bathrooms are likely where your parents taught you to flush the toilet with your foot, and open the door using a paper towel. They’re known more for their lack of soap and cleanliness, and...
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Announcing the speaker lineup for Fortune Brainstorm E (that’s for energy)
After months of hard work, we’re thrilled to announce our initial speaker lineup for Fortune’s Brainstorm E conference, which will take place on September 28 and 29 at the Four Seasons hotel in Austin,...
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Taco Bell made a taco shell out of fried chicken
Imagine a Taco Bell taco, but instead of a crispy taco shell, it’s made with crispy chicken. Now you don’t have to because Taco Bell just released its new Naked Crispy Chicken Taco. It’s a breaded...
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These 2 charts explain why Shell stopped drilling in Alaska
Royal Dutch Shell said Monday it will stop drilling for oil off Alaska’s coast. The move comes after Shell failed to discover a noteworthy amount of undersea oil in a well off northern Alaska despite...
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Big business creates a new non-profit to help fix climate change
A growing number of influential business and government leaders now believe that it will be possible to expand the global economy while meeting our climate goals. But the real challenge is exactly how...
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Shell chairman: We won’t abandon energy, but we will evolve
Chad Holliday, chairman of oil giant Shell, said Monday the company aims to change according to data gathered by a new industry commission it is helping to form--even if the information leads it away...
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Why Shell’s Arctic drilling pullout hurts cash-strapped Alaska
Energy giant Royal Dutch Shell RDS.A said earlier this week it has decided to abandon its Arctic drilling project off Alaska’s northern coast after failing to make any significant undersea oil...
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Shell CEO: ‘Mixed signs’ on recovery of oil prices
Royal Dutch Shell CEO Ben van Beurden said at an oil industry conference in London that oil prices may become more expensive once more, although at a slow rate. “I see the first mixed signs for...
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Lyft has some new ideas for making its drivers happy
Amid its intense battle with ride-hailing rival Uber, Lyft is introducing new products and programs for it drivers to help with retaining them and attracting new ones. On Thursday, the company...
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Spain’s Repsol is the latest victim of weak oil prices
The uncertain outlook for oil prices has claimed yet another major energy player. Spanish oil producer Repsol says it will divest $7.1 billion of assets and cut spending in oil-exploration projects. In...
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