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Why Royal Dutch Shell Is Selling Downstream Assets

Extracts from an article by Arjun Sreekumar published on 2 March 2014 by The Motley Fool

Screen Shot 2013-12-22 at 19.09.52Royal Dutch Shell (NYSE: RDS-A) has finally found a buyer for its downstream assets in Australia, as the Anglo-Dutch oil major embarks on a major restructuring of its global refining business and plans to sell billions of dollars worth of assets over the next two years. New CEO Ben van Beurden has identified the company’s global downstream business as one of two key business segments — along with its North American shale oil and gas business — that will be restructured in coming years.

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