Shell aims to invest billions in Brazil

Shell aims to invest billions in Brazil

Aug 8th, 2015 

by John Donovan. 

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Friday, 7 August 2015

Royal Dutch Shell is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group, even as it prepares to sell huge chunks of its business to pay for the $70bn (£45.11bn) deal.

Despite a broad drive to cut spending in the face of persistently low oil prices, chief executive Ben Van Beurden remains steadfast in his plans to buy BG, which will transform Shell into the world’s biggest liquefied natural gas (LNG) supplier.

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Posted in: Ben van Beurden, BG Group, Brazil, Gas, LNG.
Tagged: Ben van Beurden · BG Group · Brazil · Gas · Royal Dutch Shell Plc

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