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In a strategy update, Shell (RDS.A) says it replaced only 95% of its depleted reserves in 2008,...

In a strategy update, Shell (RDS.A) says it replaced only 95% of its depleted reserves in 2008, falling below the 100% rate needed to maintain production and below that of rivals ExxonMobil (XOM) and BP (BP). Firm also increases dividend by 5%. Shares -2.15% premarket.
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