Shell's upstream takes major blow

ROYAL Dutch Shell is clearly looking forward to its BG Group takeover closing early next year, with both CEO and CFO focusing on the acquisition making a "stronger company" as the super-major's upstream earnings dropped 88% from a year ago while its downstream business lifted.

Shell's upstream takes major blow Shell's upstream takes major blow Shell's upstream takes major blow Shell's upstream takes major blow Shell's upstream takes major blow

"Looking ahead, the proposed combination with BG, which we announced in April, would create a stronger company for both sets of shareholders," CEO Ben van Beurden said.

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