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Posts on ‘April 9th, 2010’

Royal Dutch Shell Moves To Increase Investment In U.S.

INVESTOPEDIA

Posted: Apr 08, 2010 08:19 AM by Eric Fox

Royal Dutch Shell (RDS.A, RDS.B) is accelerating its investment in the United States to meet its interim and long-term production goals outlined at a recent strategy update. The company is investing in both the onshore and offshore areas here, as it pursues multiple exploration and development projects.

Royal Dutch Shell hopes these and other investments will enable the company to reach daily production of 3.5 million barrels oil equivalent (BOE) by 2012, an 11% increase from current production. read more

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