Investors Are Unsure About Shell's Strategy to Expand Its LNG Business, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Dec 8, 2015) - Investors don't seem to think much of Royal Dutch Shell's (NYSE:RDS.A) (The Hague, Netherlands) expanded commitment to liquefied natural gas (LNG), signaled in part by its $70 billion acquisition of BG Group Plc (London: BG) (Reading, England) earlier this year. But the company insists it sees a lot of long-term value in the global LNG trade, and that the BG deal will drive changes that will position it favorably for years to come.
Within this article: Includes the outline that Shell presented at a November 3 meeting with investors and analysts that details the steps it has taken to be more competitive in a low crude-oil price environment.
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Source: Marketwired (Canada)
(December 8, 2015 - 7:30 AM EST)
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