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Shell ‘defers downstream IT investment’ – report

Screen Shot 2015-01-06 at 21.26.38Reuters syndicated article: “Shell ‘defers downstream IT investment’ – report

Fri Oct 30, 2009 5:15am EDT

LONDON, Oct 30 (Reuters) – Royal Dutch Shell Plc (RDSa.L) (RDSb.L) is to delay investments in information technology systems at its downstream oil refining and fuel marketing unit to cut costs, a Shell protestors’ website said on Friday, citing a leaked internal email.

The Royaldutchshellplc.com website said U.S., Brazil, Argentina and Chile units would be affected.

No one at Shell was immediately available for comment.

(Reporting by Tom Bergin; Editing by Greg Mahlich)

ARTICLE ENDS

published on 30 October 2009 by numerous sources including: –

Forbes

CNBC

interactive investor (AFX News)

Reuters pdf version

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