Shell's $27B asset purge

ROYAL Dutch Shell CEO Ben van Beurden confirmed the super-major is shedding $US20 billion ($A27.76 billion) of assets over 2014-15 to plan for "lower for longer" oil prices.

08 October 2015
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The asset sale also conveniently helps clear the decks for its £55 billion takeover of Queensland Curtis LNG operator BG Group.

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