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Shell Halts Arctic Oil Exploration
Saturday, February 1, 2014 - 5:24pm | 550Royal Dutch Shell (NYSE: RDS-A) says it is stopping its oil exploration efforts in the Arctic waters off the Alaskan coast for the year. The announcement came as Shell announced a steep drop in its its fourth-quarter 2013 earnings The company's new CEO, Ben van Beurden, cited several factors,...