Shell's hellish $8.6B loss

ROYAL Dutch Shell is banking on its takeover of rival BG Group to springboard it to better times after the supermajor dived to a $US6.1 billion ($A8.61 billion) loss, compared to a $US5.3 billion profit in the third quarter of 2014.

30 October 2015
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Despite this, Shell CEO Ben van Beurden said the UK concern's financial framework was "highly competitive", with balance sheet gearing at 12.

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