Our strategy seeks to create a world-class investmentcase for shareholders. This strategy is underpinned by Shell’s outlook for the energy sector and the need to adapt to substantial changes in the world around us. Rising global population and standards of living should continue to drive demand [...]
We have identified four levers to manage through the market down-cycle: divestments, reduced capital investment and operating expenses, and delivering new projects that will add significant cash flow. Following the acquisition of BG, we expect the pace of asset sales to increase with $30 billion [...]
[...] project startups 8 Organic capital investment $26.9 billion Underlying operating expenses $38.3 billion BG Acquisition The successful completion of our acquisition of BG was a transformational step for Shell. It is a bold and compelling stride forward in our LNG and deep-water growth strategy. The [...]
[...] projects. That is why we took final investment decisions on petrochemicals projects in China and the USA in 2016 and a deep-water project in the US Gulf of Mexico in early 2017. But we are working to reshape Shell into a more focused and resilient company by capping our investments for the next [...]
[...] 2016 through drilling programmes and investment in infrastructure to facilitate new production. We own and operate natural gas processing and sulphur-extraction plants in Alberta and natural gas processing plants in British Columbia. Our investment focus remains on liquid-rich shale assets in [...]
[...] transforming Shell into a world-class investmentcase to create value for shareholders. Strategic fit The complementary portfolios of Shell and BG made for a great strategic fit. By combining BG’s portfolio and skill set with Shell’s capabilities, we greatly enhanced our Integrated Gas and [...]