Comment on Shell Shaves $15bn Off Three-Year Spending Plans

Shell Shaves $15bn Off Three-Year Spending Plans

The oil market slump has forced Royal Dutch Shell to cut investment by £9.9 billion ($15 billion) over the next three years. Publishing its financial results on Thursday, the Anglo-Dutch supermajor said full year profits came in at $19 billion over 2014, up from $16.7 billion for the previous year.

 

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