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Shell Ups Capital Spending in 2017 after Rocky Ride in 2016


Industry Segment: Production | Word Count: 595 Words

SUGAR LAND--February 3, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, Netherlands) joined a long list of other oil & gas majors as it posted its worst annual profit for more than a decade. Company executives called 2016 a "transition year," but added that Shell would now benefit from last year's $52 billion merger with gas utility BG Group and a recent upward trend in oil prices. Industrial Info is tracking $117.69 billion in active projects involving Shell.

Within this article: Details on the highest-valued projects involving Shell, including an ethylene plant and ethane pipeline in Pennsylvania, and a major windfarm venture in The Netherlands.

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