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Oil majors rush cuts to hit $60 break-even - Financial Times
Financial Times | Oil majors rush cuts to hit $60 break-even Financial Times For evidence of just how savage the oil industry downturn has become, consider Royal Dutch Shell's decision to axe a Canadian oil sands project this week. Unusually — and in contrast to the $200bn-plus of future spending shelved by energy companies ... Shell halts Carmon Creek oil sands project in Alberta, Canada Royal Dutch Shell to Abandon Carmon Creek Oil-Sands Project Shell Shelves Alberta Oil-Sands Project After Leaving Arctic |
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