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Shell makes progress in difficult industry environment

06 Nov '12
3 min read

“We continue to refresh our portfolio, launching new oil and gas developments, making new exploration discoveries, purchasing new liquids-rich shale acreage and increasing our positions in oil and gas fields where we can add value with our innovation and scale."

"We are also continuing with our capital efficiency drive, selling down positions where others can add more value. We have announced around $6 billion of acquisitions and new acreage and also around $6 billion of asset sales in 2012, which will better position Shell for growth." 

“I am pleased with our progress in a difficult industry environment. There is more to come from Shell.” 

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Shell

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