British oil major Shell announced plans to increase shareholder returns and cut spending, focusing on its liquified natural gas (LNG) push. The company aims to boost shareholder distributions to 40-50% of cash flow, reduce spending to $20-22 billion per year, and grow free cash flow by more than 10% yearly through 2030. Shell also plans to increase LNG sales by 4-5% annually and keep oil production steady at 1.4 million barrels per day. CEO Wael Sawan emphasized the company’s goal to become the world’s leading integrated gas and LNG business while sustaining a material level of liquids production.
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Over 800 special ballots mistakenly kept in B.C. riding, Elections Canada says
Elections Canada has notified all registered political parties that 822 special ballots were left with the returning officer in the Coquitlam-Port Coquitlam riding. These ballots were cast by electors across 74 electoral districts throughout the country. This situation raises concerns regarding the proper handling and counting of votes in the electoral process. Full Article
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