Shell to exit up to 10 countries after BG deal

Posted online June 7, 2016 | 11:35 am

Following its $54 billion acquisition of BG Group, Royal Dutch Shell plans to exit oil and gas operations in up to 10 countries as a cost-cutting measure.

The company wants to cut $25 billion to $30 billion of spending until the end of the decade.

The Anglo-Dutch company completed its purchase of BG in February.

Read more from Reuters.

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