ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Shell deepens spending cuts, vows higher savings from BG
Bloomberg Royal Dutch Shell Plc cut spending plans further and promised increased savings following its record purchase of BG Group Plc as it continues to adjust to the slump in oil prices. Europe’s biggest energy company will spend $29 billion this year, it said on Tuesday. That compares with a May forecast for capital expenditure “trending toward†$30 billion, …
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