Shell to spend on new projects
Published by Francesca Brindle,
Editorial Assistant
Hydrocarbon Engineering,
Royal Dutch Shell plc has announced its plans to invest approximately US$25 billion this year (2017) in new oil and gas projects, following a rally in commodity prices in the first quarter (1Q17).
With a major acquisition now wrapped up, the oil and gas behemoth is aiming to boost production in the Gulf of Mexico, Malaysia, Europe and other areas. Industrial Info is tracking more than US$97 billion in active projects involving Shell.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/05052017/shell-to-spend-on-new-projects/
You might also like
Five key takeaways from the AFPM Annual Meeting
Following the recent AFPM Annual Meeting in Dallas, Texas, US, the AFPM has released a snapshot of some of the key themes discussed throughout the conference.