May 5, 2017 - 7:30 AM EDT
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Shell to Spend $25 Billion on Oil & Gas Projects in 2017 after Stronger Prices Boost Profits, an Industrial Info News Alert

SUGAR LAND, Texas, May 5, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Royal Dutch Shell plc plans to invest roughly $25 billion this year in new oil and gas projects, following a rally in commodity prices in the first quarter. With a major acquisition now wrapped up, the Oil & Gas behemoth is aiming to boost production in the Gulf of Mexico, Malaysia, Europe and other areas. Industrial Info is tracking more than $97 billion in active projects involving Shell.

Industrial Info Resources

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Brian Ford

(713) 980-9393

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shell-to-spend-25-billion-on-oil--gas-projects-in-2017-after-stronger-prices-boost-profits-an-industrial-info-news-alert-300452100.html

SOURCE Industrial Info Resources


Source: PR Newswire (May 5, 2017 - 7:30 AM EDT)

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