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Oil Price, page-14

  1. 574 Posts.
    lightbulb Created with Sketch. 41
    Looks like you and Shell are on the same page.
    London, 3 November 2015 - Royal Dutch Shell plc (Shell) today presents a strategic update to shareholders and investors in London. Speaking at the presentation, Shell’s CEO Ben van Beurden will say: “Low oil prices are driving significant changes in our industry. I am determined that Shell will be at the forefront of that, and emerge as a more focused and more competitive company as a result.”
    blah blah blah then
    Asset sales and hard choices on capital spending, such as the recent announcements to cease exploration in Alaska and the development of Carmon Creek heavy oil in Canada, all underline the changes that are underway
    etc etc
    http://www.shell.com/global/aboutsh...h-shell-plc-management-day-november-2015.html


    The low POO is a bit like dark matter pervading the whole market ambiance.Strewth where did I get that from...I had better take a break, better lie down for a while.
 
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