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Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on ...
Oil is expected to fall from nearly 50% of Shell’s sales to less than 40% by 2030. Though it trails behind today, natural gas’s sales will roughly equal oil’s by 2030, the company said.
SHEL generates cash flow from operations of $9.3 billion, returns $2.2 billion to its shareholders through dividends and spends $3.7 billion on capital projects.
Big Oils Q1 earnings reveal a divergence in strategy as companies navigate falling crude prices, which hit a four-year low in April. Exxon Mobil and Shell maintained robust share buyback programs, ...
Still, market analysts and investment banks have started to run the numbers on how big a Shell-BP oil and gas giant could be. For sure, a combined group would have nearly 5 million barrels of oil ...