2017-10-02 14:40:00
SHELL'S INVESTMENT RISKS
FT - It must be tempting for Ben van Beurden to crow, "told you so," to critics who questioned his decision to commit Royal Dutch Shell to the $50bn takeover of BG Group during the depths of the oil market downturn in 2015.
Two years later, the enlarged group is generating more cash at oil prices of less than $60 a barrel than it did when crude was trading below $100. More than $10bn of annual operating costs and $20bn of capital expenditure have been stripped away, and net debt is on course to end the year $17bn lower than at its peak after the BG deal.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
Chronicle:
2020, April, 3, 11:54:00
PUBLIC PRIVATE PARTNERSHIP WORKSHOP: FINANCING, PROJECTS & CONTRACTS
Singapore – The Public Private Partnership (PPP): Financing, Projects & Contracts workshop is back for 2020. With more sessions in different locations, Infocus International is delighted to bring one of their best events to professionals from all around the world.
2020, April, 3, 11:53:00
POWER PURCHASE AGREEMENT WITH CLAUSE BY CLAUSE ANALYSIS
Power Purchase Agreement with Clause by Clause Analysis
3 – 6 November 2020, Singapore
2020, April, 3, 11:50:00
CARBON NEUTRAL FUEL INVESTMENT €1.7 MLN
A consortium led by circular carbon energy company Liquid Wind will produce liquid, carbon neutral fuel from captured carbon dioxide and green hydrogen at a new facility in Sweden.
2020, April, 2, 15:05:00
OIL PRICE: NEAR $27
Brent was up 10.75%, or $2.66, to $27.40, WTI rose 10.09% or $2.05, to $22.36.
2020, April, 2, 14:55:00
#OilPriceWar: ARAMCO'S OIL DELIVERIES UP
Saudi Arabia is following through on its threat to flood the market, after Russia last month rejected a Saudi-led OPEC proposal for significant production cuts to backstop already sliding oil prices from the coronavirus pandemic's impact on the global economy.
2020, April, 2, 14:50:00
#OilPriceWar: U.S. NEED THE RESCUE
Podcast/Audio - US lawmakers from oil-producing states are trying to increase pressure on the White House to do something to help drillers getting hammered by plummeting prices -- from aggressive diplomacy to banning crude imports.
2020, April, 2, 14:45:00
U.S. OIL STOCKS UP
U.S. Commercial crude stocks jumped 13.83 million barrels to 469.19 million barrels during the week