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| Version 1 | Version 2 |
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| Royal Dutch Shell admits 'challenging' 2013 | Royal Dutch Shell admits 'challenging' 2013 |
| (about 3 hours later) | |
| Royal Dutch Shell has said it had a "challenging year" in 2013, in part due to deteriorating security in Nigeria. | Royal Dutch Shell has said it had a "challenging year" in 2013, in part due to deteriorating security in Nigeria. |
| Nevertheless, the company said it has "laid firm foundations for the future". | Nevertheless, the company said it has "laid firm foundations for the future". |
| Profits from refining operations were hit in Asia and Europe by an oversupply of global capacity and lower demand, the company said. | Profits from refining operations were hit in Asia and Europe by an oversupply of global capacity and lower demand, the company said. |
| Several areas of Royal Dutch Shell's business had operated below their full potential in 2013, chief executive Ben van Beurden said. | Several areas of Royal Dutch Shell's business had operated below their full potential in 2013, chief executive Ben van Beurden said. |
| "In 2014, we will strive to build on our track record of delivering new projects. And we will continue to use a clear set of strategic themes to guide decisions about investment and technology," he said. | "In 2014, we will strive to build on our track record of delivering new projects. And we will continue to use a clear set of strategic themes to guide decisions about investment and technology," he said. |
| The company will scale back its exploration and drilling in the Americas over 2014, reducing spending by 20%, due to losses from operations such as shale gas extraction. | |
| Annual profits at Royal Dutch Shell fell to $16.75bn (£10.05bn) in 2013, from $27bn in 2012. |