Govt to review steep petrol hike
India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure. Full Article
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Shell says oil sands focus on de-bottlenecking
LONDON |
LONDON Jan 29 (Reuters) - Oil major Royal Dutch Shell Plc (RDSa.L) said its focus in the Canadian oil sands industry was on improving the functioning of its existing facilities rather than sanctioning new projects.
Chief Financial Officer Peter Voser said on a call with reporters on Thursday that cash costs in oil sands, including energy costs, is around $38/barrel. (Reporting by Tom Bergin; Editing by Mike Nesbit)
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