News Oil 

No Choice But to Invest in Oil, Shell CEO Says

“Shell plans to greenlight more than 35 new oil and gas projects by 2025, according to an investor presentation from June” writes Min Read for reuters.com. Many oil and gas projects such as gas-processing plants, deepwater platforms or chemical plants take billions of dollars to develop and operate for decades.Shell, like many rivals, has become more selective in its investments as the outlook for oil prices and demand remains unclear.
 
Source: reuters.com



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