07-06-2016 08:47 via uk.news.yahoo.com

Shell to exit up to 10 countries after BG deal

By Ron Bousso and Karolin Schaps LONDON (Reuters) - Royal Dutch Shell said on Tuesday it would sell up to 10 percent of its oil and gas production, leaving up to 10 countries to cut costs following its $54 billion acquisition of BG Group. Chief Executive Officer Ben van Beurden said the company would focus its short-term growth on deepwater projects in Brazil and the Gulf of Mexico as well in chemical projects in the United States and China. Shell also gave the go-ahead for investing in a new cr
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