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2015-12-23 19:25:00

SHELL CUT PLAN BY $2 BLN

SHELL CUT PLAN BY $2 BLN

Royal Dutch Shell PLC on Tuesday cut its planned capital spending for 2016 by $2 billion, to $33 billion, continuing to cope with low oil prices as it moves to complete its acquisition of BG Group PLC early next year.

The spending announcement came as the Anglo-Dutch oil company published several key documents on its website in preparation for the main remaining hurdle to the deal: a shareholder vote, scheduled to take place in January. In the months since the deal was announced, some investors have expressed concerns about its cost in the face of tumbling oil prices—an issue Shell's management has been at pains to address.

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Tags: SHELL, BG, OIL, GAS,
Chronicle:
SHELL CUT PLAN BY $2 BLN
2019, May, 24, 09:55:00
SOME PROBLEMS OF WORLD ENERGY. PART FOUR.
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SHELL CUT PLAN BY $2 BLN
2019, May, 24, 09:50:00
FIRST BANGLADESH'S LNG
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SHELL CUT PLAN BY $2 BLN
2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
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SHELL CUT PLAN BY $2 BLN
2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
The German Economy Ministry has taken note of the threat of U.S. sanctions being placed on the Nord Stream 2 gas pipeline project, a spokeswoman said on Wednesday, adding that Berlin rejected sanctions that have extraterritorial effect.
SHELL CUT PLAN BY $2 BLN
2019, May, 23, 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
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SHELL CUT PLAN BY $2 BLN
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
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SHELL CUT PLAN BY $2 BLN
2019, May, 23, 12:02:00
21ST AFRICA ENERGY FORUM | 11-14TH JUNE | PORTUGAL
The Africa Energy Forum (AEF) is the global investment meeting for Africa’s power, energy, infrastructure and industrial sectors.
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