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Shell Gas to Focus on Larger Projects as It Cuts Spending

Screen Shot 2013-12-22 at 19.09.52Extract from an article by Eric Yep published 25 March 2014 by The Wall Street Journal

SEOUL— Royal Dutch Shell PLC’s global gas division will focus on large ventures where it has more control while it is likely to continue trimming some holdings and unprofitable investments as part of a program of cost-cutting and asset sales, a senior gas executive with the company said. “We typically like projects that we have a bigger position in that we can influence more,” Maarten Wetselaar, executive vice president, Integrated Gas, said in an interview… The London-listed oil major issued its first profit warning in a decade in January…

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