Shell vows to boost investor returns amid plans to cut costs

NAMPA / DPA

2025-03-25

London (PA Media/dpa) - Shell has revealed plans to ramp up cost savings and cut spending as it vowed to "deliver more value with less emissions" despite having last year weakened its carbon reduction pledge. The oil giant told investors ahead of its capital market day event that it would now look to strip out a cumulative $5 billion to $7 billion a year by the end of 2028. This is up from the previous aim for $2 billion to $3 billion by the end......

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