Shell’s second-quarter, first-half earnings take dive

Royal Dutch Shell PLC reported second-quarter earnings on a current cost of supplies (CCS) basis, excluding identified items, of $1.05 billion, down from $3.76 billion in second-quarter 2015. First-half earnings on a CCS basis, also excluding identified items, totaled $2.6 billion, down from $7.5 billion in the same period last year. Source: News


Total’s second-quarter adjusted net income falls 30%

Total SA recorded second-quarter adjusted net income of $2.17 billion, down from $3.01 billion during second-quarter 2015. First-half net income was $3.81 billion, down from $5.69 billion in the year-ago period. Source: News


Cyprus blocks attract six applications

Cyprus has received six applications for three offshore blocks on offer in its third licensing round. Source: News


Shell makes Fort Sumter discovery in Gulf of Mexico

Royal Dutch Shell PLC encountered hydrocarbons after drilling its Fort Sumter prospect on Mississippi Canyon Block 566, about 73 miles offshore southeast of New Orleans in the deepwater Gulf of Mexico. Source: News