Despite the year of 2016 was not so good for the oil and gas industry, some companies are bigger expectations about 2017. This is the case of anglo-Dutch oil company Shell that, as already reported by Offshore Panorama, intends to invest, only in Brazil, about 10 billion dollars over the next four years.
After large cuts and divestments made by the company over the past year, Shell has shown greater reserves of oxygen to grow, having increased its cash flow 69% in the fourth quarter of last year.
In addition to the positive cash flow, the oil company with the 2.7 input billion dollars arising from divestments made and this amount tends to grow still more.
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