SHELL VOWS TO IN­VEST BIL­LIONS IN NORTH SEA

The Herald Business - - The Month In Headlines -

Au­gust 1 THE chief ex­ec­u­tive of Royal Dutch Shell has said the com­pany will in­vest bil­lions of dol­lars in the North Sea in com­ing years and sig­nalled it has no ma­jor con­cerns about the prospect of Scot­land vot­ing for in­de­pen­dence. Ben van Beur­den high­lighted the oil and gas gi­ant’s en­thu­si­asm for ar­eas like West of Shet­land af­ter the com­pany posted a one third in­crease in un­der­ly­ing prof­its for the sec­ond quar­ter helped by strong oil prices.

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