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Shell slashes spending by $15 billion as oil price bites - Fortune
Fortune | Shell slashes spending by $15 billion as oil price bites Fortune Anglo-Dutch major Royal Dutch Shell Plc RDSA said Thursday it will slash spending by $15 billion over the next three years, in an effort to adjust to a new world of lower oil prices. The 43% drop in crude in the final quarter of last year meant that ... Shell to slash spending after oil price slump UPDATE 4-Shell falls short after oil production income collapses Shell falls short after oil production income collapses |
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