Shell to spend about 85% budget on oil for next two years

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Shell to spend about 85% budget on oil for next two years

OpeOluwani Akintayo 10 March 2018, Sweetcrude, Lagos — Royal Dutch Shell Plc has said its focus is on increasing its U.S. shale operation’s oil production and has earmarked about 85 percent of its budget to the cause for the next two years. Shell’s head of shale operations, Greg Guidry, disclosed this to Reuters on the …

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