Shell to Continue to Sell Assets Despite Price Downturn | Russell T. Rudy Energy LLC
In spite of recent drops in crude oil prices, Shell persists in pursuing its goal of $15 billion in asset sales by the end of 2015, according to a recent article in “Rigzone”. Upstream director, Andrew Brown told reporters “We do have a continuous need to recycle our portfolio. Fifteen billion (dollars) is still only a few percent of our total assets and we haven’t got any plans to refresh that target”.
To read the article in its entirety, please go to www.rigzone.com/news/oil_gas/a/135852/Shell .
