Shell Caps Spending, Seeks More Cuts

GALWAY, IRELAND--June 10, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Europe's largest oil company, Royal Dutch Shell plc (NYSE:RDS-A) (The Hague, Netherlands) is capping spending for the rest of the decade as it attempts to protect itself against volatile oil prices.

Within this article: Outlines future spending cap, cost-cutting plans and investment priorities