Oil company also reduces capital spending plan for 2016 to factor in falling oil prices and maintain dividend payments
Royal Dutch Shell is planning to complete its proposed $53bn (£35bn) takeover of BG Group by mid-February, outlining plans for further spending cuts next year in the face of low oil prices.
Shell also lowered the combined group’s capital spending plan for next year by $2bn to $33bn, saying it would bolster its ability to weather the industry’s downturn and to maintain dividend payments.
Related: Shell shareholders move to back £35bn takeover of BG