Thursday 29 January 2015

BBC News - Shell to cut spending by $15bn over three years

BBC News - Shell to cut spending by $15bn over three years:



"Falling oil prices are forcing Royal Dutch Shell to cut back investment by some $15bn over the next three years.



Shell also said profits for the last three months of 2014 had risen to $4.2bn compared with $2.2bn in the same period a year earlier.



Full year earnings also rose to $19bn in 2014, up from $16.7bn in the previous year."



'via Blog this'

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