Anglo-Dutch group is latest to slash forecast for energy prices
Company had planned to boost payouts to investors to $125bn between 2021 and 2025
Market value and total output of Europe’s largest energy company still below that of Exxon
Asset sales and cost cuts have helped the company pay down debt and boost profit
Shell stake divestment is part of $30 billion asset sale programme
Results inline with disappointing reports from US oil firms Chevron and Exxon
Worse-than-expected results from Shire and Standard Chartered weigh heavily on FTSE
Company spent $250m on redundancy and restructuring charges following BG deal
Europe’s largest oil company continues to adjust to the slump in energy prices
Under-pressure financial shares lead the downward charge
Oil giant said 2015 income fell 87% year-on-year to $1.94bn
Global indices hammered as sell-off spreads outwards from energy stocks
Crude’s collapse below $28 a barrel has driven firm’s market value to seven-year low
B of I gains 2.1% as Hibernia Reit and Irish Residential Properties Reit also close higher
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