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Shell News 12 July 2017

Oil Majors Face Ratings Cuts Amid Weak Recovery, S&P Global Says: Bloomberg 12 July 2017

Exxon Mobil Corp., Chevron Corp. and other oil majors could see their credit ratings slashed again if they fail to cut costs and reduce their growing debt loads in the next year, according to an S&P Global Ratings report. READ MORE

Shell and other supermajors say ‘no plans’ for return of Super Pumas: EnergyVoice.com: 12 July 2017

The Anglo Dutch giant has confirmed that the aircraft, which were subject to a lengthy grounding following a fatal crash off Norway last year, does not feature in the future of the firm’s UK operations despite aviation watchdogs making moves to lift the flight ban. READ MORE

Aramco IPO: How It Will Stack Up Against Exxon & Shell:Forbes 11 July 2017

Let’s look at how Saudi Aramco’s business compares with that of two major IOCs – ExxonMobilXOM +0.42%and Royal Dutch Shellnull +0%. READ MORE

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