Royal Dutch Shell Plc, which reported its biggest net loss for more than ten years in October and stopped projects in Canada and the Arctic reviewing its investments in gas fields in New Zealand.
The choice should be made to streamline global portfolio, said Rob Jagger Chairman of Shell New Zealand
Oil and gas companies review their portfolios and take the biggest austerity as the price of Oil is trading near levels seen during the global financial crisis as Saudi Arabia maintain high levels of production in order to defend its market share, nourishes glut of supply to record.
E.Dimitrov JrTrader
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