Moody's improves classification of Shell

One of the biggest credit rating agencies, Moody's, said the disinvestment program of Shell, $ $30 billion, designed to rebalance the company's accounts, was one of the main reasons for the increase in the classification of the oilfield.

The Agency also said he was excited about the steps that the Shell has taken to increase the generation of cash flow, i.e. deliver growth projects, reduce the level of capital investment and operating costs and sell assets.

According to the Moody's was stabilized ´ the Aa2 rating of Shell's perspective on the expectations that will improve your financial profile in 2019, based on current profits and cash flow recovery and accelerate when post-acquisition, financed by $ $30 billion of planned asset sales.

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