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Shell will cut U.S. jobs

Screen Shot 2014-03-14 at 00.25.04Extract from an article by Josh Cain published 14 March 2014 by Houston Business Journal under the headline: Shell will cut oil field spending, U.S. jobs after disappointing shale plays

Royal Dutch Shell Plc (RYSE: RDSA), the oil and gas giant with a massive presence in Houston, said on March 13 that it would cut jobs and oilfield spending in the U.S. in light of disappointing returns from several shale plays.

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