Martin Waller warns of a chance that “The Shell board could rise up in protest against Mr van Beurden…”
Robin Pagnamenta Energy Editor: Saturday 28 November 2015: Page 65
Royal Dutch Shell is drawing up plans for more cost-cutting after its £43 billion takeover of BG Group, amid mounting pressure from shareholders to bolster the commercial logic of the deal amid falling oil prices.
The oil giant, which already has unveiled plans to slash $3.5 billion from the combined group, is understood to believe that it can wring still more in costs from the proposed merger, which is expected to be completed next year.