Manufacturing Industry
ROYAL DUTCH SHELL PLC - Shell announces 2006 capital investment programme.
PR Newswire UK Disclose, December, 2005
Shell announces 2006 capital investment programme
Royal Dutch Shell announced today a capital investment programme for 2006 of
around $19 billion in support of its strategy of more upstream and profitable
downstream. Planned 2006 Upstream investment is around $15 billion, including
approximately $2 billion for Exploration and excluding the minority share of
Sakhalin. Downstream investment is planned at over $4 billion.
Jeroen van der Veer, Chief Executive for Royal Dutch Shell said, "We have a
substantial pipeline of projects for development. The increase in investment
will grow and mature our resource base, increase production, build on our
strong position in integrated gas and unconventionals and enhance our leading
position in the Downstream. Global energy needs...
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