Shell's profits fall ahead of vote on BG takeover
Oil firm Shell's profits have fallen ahead of a shareholder vote on a takeover of rival company BG.
Oil firm Shell's profits have fallen ahead of a shareholder vote on a takeover of rival company BG.
The company announced that its fourth quarter 2015 earnings are expected to be in the region of $1.6 and $1.9 billion. That's compared to $4.2bn made a year ago.
It expects full year profits of $10.4bn to $10.7bn, below its $10.8bn guidance.
The information comes ahead of a vote by shareholders on the 27th of January - where they will vote on a takeover of BG Group.
In April, Shell announced it had agreed to buy oil and gas exploration firm BG Group in a £47bn deal.