Brief update on Royal Dutch Shell. The company announced last week a couple of measures at its management day. The group highlighted the cost reduction and spending of $11bn in 2015. The group will reorganise its upstream division which will help to increase accountability of its performance and aligns it to its strategy. On BG Group, the transaction is on track for completion in early 2016, leading to a simpler and more profitable Shell, according to the company. Ben van Beurden (CEO) had re

12 Nov 2015
Make the company work at $60/bbl: the magic figure

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Make the company work at $60/bbl: the magic figure
Shell Plc (SHEL:LON) | 2,686 -295.5 (-0.4%) | Mkt Cap: 155,739m
- Published:
12 Nov 2015 -
Author:
Alexandre Andlauer -
Pages:
2 -
Brief update on Royal Dutch Shell. The company announced last week a couple of measures at its management day. The group highlighted the cost reduction and spending of $11bn in 2015. The group will reorganise its upstream division which will help to increase accountability of its performance and aligns it to its strategy. On BG Group, the transaction is on track for completion in early 2016, leading to a simpler and more profitable Shell, according to the company. Ben van Beurden (CEO) had re