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VIDEO: Shell to cut spending as oil plunges

2015-01-29 16:01:46| BBC News | Business | UK Edition

Royal Dutch Shell is going to cut its spending over the next three years to try and deal with the falling price of oil.

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Shell and Tube Heat Exchanger

2015-01-29 11:14:00| Offshore Technology

We design and manufacture shell and tube heat exchangers to meet any size and pressure constraints, while achieving maximum heat transfer with increased lifespan and efficiency.

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Shell to cut investment by $15bn

2015-01-29 09:24:33| BBC News | Business | UK Edition

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

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Shell Resumes Arctic Drilling But Cuts $15B from Global Investment

2015-01-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Royal Dutch Shell is reviving plans to drill for oil in the Arctic in a move likely to intensify its battle with environmentalists. The Anglo-Dutch giant's chief executive Ben van Beurden accepted that Arctic drilling "divides society", but said the world needs new sources of oil. Greenpeace said Shell was taking a "massive risk" in a "pristine" region. Shell also announced a $15bn (9.9bn) cut in global spending, and profit figures that disappointed investors. The cut in investment -...

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Shell to slash investment by $15bn amid declining oil prices

2015-01-29 01:00:00| Offshore Technology

Shell is set to cut investment by $15bn in the next three years due to the sharp decline of oil prices.

Tags: prices investment oil shell

 

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