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Shell to cut investment by $15bn

2015-01-29 09:24:33| BBC News | Business | UK Edition

Falling oil prices are forcing Royal Dutch Shell to cut back investment by some $15bn over the next three years.

Tags: cut investment shell cut shell

 

Shell Resumes Arctic Drilling But Cuts $15B from Global Investment

2015-01-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Royal Dutch Shell is reviving plans to drill for oil in the Arctic in a move likely to intensify its battle with environmentalists. The Anglo-Dutch giant's chief executive Ben van Beurden accepted that Arctic drilling "divides society", but said the world needs new sources of oil. Greenpeace said Shell was taking a "massive risk" in a "pristine" region. Shell also announced a $15bn (9.9bn) cut in global spending, and profit figures that disappointed investors. The cut in investment -...

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A Few Reasons Why Nike Is A Good Long-Term Investment

2015-01-29 01:40:11| Footwear - Topix.net

Nike's products stand on competitive advantages that allow the sustainability of market leadership and possible capitalization of long-term economic prospects. The company is positioned to benefit from the growth of emerging markets and the global sports apparel industry in the next years.

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Pattern Energy acquires majority share in Green Power Investment in Japan

2015-01-29 01:00:00| Power Technology

Pattern Energy Group, alternatively known as Pattern Development, has purchased majority share in Green Power Investment (GPI), thereby expanding its portfolio with nearly 1GW of wind and solar power developments.

Tags: power share japan green

 

Shell to slash investment by $15bn amid declining oil prices

2015-01-29 01:00:00| Offshore Technology

Shell is set to cut investment by $15bn in the next three years due to the sharp decline of oil prices.

Tags: prices investment oil shell

 

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