Wednesday, October 23, 2013

Shale Investments Not Paying Off According to Outgoing Shell CEO

Shell’s outgoing CEO Peter Voser tells the Financial Times of London that he regrets the company’s large investment into U.S. shale. In an exit interview with the Financial Times, outgoing Royal Dutch Shell CEO Peter Voser says the company has yet to profit from its $24 billion investment into “unconventional” shale oil and gas in the United States.

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