Shell Upstream International

Britain's foreign secretary reopened his country's embassy in Tehran on Sunday in a long-awaited step signalling better relations four years after a mob stormed the compound, forcing its closure.

Royal Dutch Shell Plc will not drill for oil in Alaska's Arctic seas this year, the company said on Wednesday, in a widely expected decision that follows a series of high-profile setbacks in 2012.

Britain's foreign secretary reopened his country's embassy in Tehran on Sunday in a long-awaited step signalling better relations four years after a mob stormed the compound, forcing its closure.

Royal Dutch Shell Plc will not drill for oil in Alaska's Arctic seas this year, the company said on Wednesday, in a widely expected decision that follows a series of high-profile setbacks in 2012.