In the middle of implementing cost-cutting measures and divesting about $30 billion in assets to slash debt and fund spending, Royal Dutch Shell reported FY16 CCS earnings of $3.5 billion, down 8% YOY, on revenue of $233 billion, down 12% YOY. Shell reports earnings on a current cost-of-supplies basis, similar to the net income metric most companies use. Profit in Q4 fell to $1.0 billion from $1.8 billion the year before. CEO Ben van......
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