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Royal Dutch Shell reported a third quarter loss of $7.4 billion Thursday as it re-organized and cancelled projects, including drilling in Alaska, to cope with the plunge in oil prices.

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CARMON CREEK

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abtest

Shell reports loss of $7.4 billion after Arctic exit

By Danica Kirka | October 29, 2015 - 9:17am

Royal Dutch Shell reported a third quarter loss of $7.4 billion Thursday as it re-organized and cancelled projects, including drilling in Alaska, to cope with the plunge in oil prices.

Business