COGNICURRENT

Feb 2 • 16:37 UTC • 🇧🇷 Brazil • Folha (PT)

Shell, BP and other oil companies prepare to cut billions in shareholder payments

Europe's major oil companies are set to collectively reduce their shareholder payouts by 10% to 25% amid lower oil prices and the need to protect their financial health.

#oil companies #shareholder payments #europe #financial health #austerity

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