News Wrap

IN News Wrap: Shell seeks billions worth of synergies under BG deal; oil downturn-foretelling guru sees a return to $US100 a barrel; landowners threaten to disrupt PNG LNG; and Australian engineering/construction slump worsens.

Shell chiefs spruik BG takeover

Shell chief financial officer Simon Henry is trying to overcome investor scepticism of Shell's $70 billion ($A95 billion) friendly takeover play for BG Group.