For Shell and BG, All Roads Lead to Lower Spending
Nov 29th, 2015
by John Donovan.



By HELEN THOMAS: Nov. 29, 2015 2:00 p.m. ET
Royal Dutch Shell can’t forcibly renegotiate the deal it struck in April to buy oil and gas producer BG: The U.K. Takeover Panel wouldn’t allow it. And amid griping over the price, the oil major argues the $58 billion cash-and-shares transaction should help its cash flow regardless. That may be so. It doesn’t, however, lessen the need for Shell to do more in cutting costs and spending.
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Posted in: BG Group, BP, Gas, Oil, Oil Company Profits, Oil Prices, Royal Dutch Shell Plc, Shell Job Cuts.
Tagged: BG Group · Gas · Oil Prices · Royal Dutch Shell Plc · Shell
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