Shell shrinks capital expenditure | Lex
- 5 years ago
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Oil’s collapse below $50 a barrel has hit Royal Dutch Shell’s earnings, driving it to cut capital investment by 14 per cent over three years. Lex’s Robert Armstrong and Alan Livsey discuss whether this is enough.
► Lex: http://bit.ly/1I14JZF
► FT Business: http://bit.ly/1KUK08s
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Oil’s collapse below $50 a barrel has hit Royal Dutch Shell’s earnings, driving it to cut capital investment by 14 per cent over three years. Lex’s Robert Armstrong and Alan Livsey discuss whether this is enough.
► Lex: http://bit.ly/1I14JZF
► FT Business: http://bit.ly/1KUK08s
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes