Lagarde warning to China Royal Dutch Shell has said it is not going to scale back its medium term production growth targets as several of its rivals have done recently.
Despite falling oil prices Shell also said it would increase its dividend to shareholders by more than one percent this year. It unveiled oil and gas reserves that were unchanged at the end of 2008 compared with a year earlier and confirmed it is being investigated by US authorities for possibly breaking bribery rules.More about: Financial Crisis, Oil marketCopyright © 2012 euronews
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