LONDON, Nov 3 (Reuters) - Royal Dutch Shell onTuesday announced plans to increase benefits from its proposed$70 billion acquisition of BG Group, which the companysaid would work with oil prices in the mid-$60s a barrel.
The Anglo-Dutch group said it will reduce costs by $11billion in 2015 as it cuts deeper to tackle a prolonged periodof lower oil prices, currently trading just below $50.
Shell hopes to complete the deal early next year.
(Reporting by Ron Bousso; Editing by David Goodman)