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Shell’s CEO says the company plans to leave the Eagle Ford Shale

Screen Shot 2014-02-10 at 16.29.29Extract from an article by Sanford Nowlin published on 18 March 2014 by San Antonio Business Journal.

Oil-and-gas giant Royal Dutch Shell PLC will unload its investments in South Texas’ Eagle Ford Shale and cut U.S. capital spending by 20 percent after disappointing results from its domestic shale operations.

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