02 Nov Shell’s Record BG Deal Starts to Pay Off as Production Surges

By hellenicshippingnews Royal Dutch Shell Plc’s biggest takeover, the subject of intense investor scrutiny during crude’s collapse, is starting to pay off as Europe’s largest oil company chalks up its highest profit in five quarters. The cash now generated by BG Group Plc — acquired by Shell for $54 billion in February — outstrips its spending, while … Read full story ›

Source:: Hellenic shipping news Oil