"In our opinion the key factor for investor sentiment is the long-term actions to restore the lost shareholder value," said Tony Shepard, analyst at Charles Stanley & Co. He said investors are waiting for an update on the company's strategy following the collapse of its Arctic exploration deal w
"Production volumes may not show much improvement because last year was a strong comparative and there has been maintenance work in the North Sea and Nigeria, together with restrained Gulf of Mexico output," said analyst Tony Shepard of Charles Stanley. Shell produced 3.59 million barrels of oil per