Point of View - Following record investments, Shell to 'maximize' value

08/11/2003
Following its multibillion-dollar acquisition splurge last year, Royal Dutch/Shell Group plans to focus a majority of its strategic attention now on its newly purchased assets and to "maximize" their value. The Anglo-Dutch company also will strive to maintain the strong presence it has achieved among its supermajor peer group amid increased competition, an ever-changing backdrop of environmentally conscious exploration and development of oil and natural gas, and the continuing development of new sources of energy.Shell does not plan any big-dollar assets purchases this year, however, despite the wealth of cash it accumulated due to recent high oil and natural gas prices, the company said....
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