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Tag: Shell’s profit

Commercialization, Conventional Fuels

Oil major Shell to write down up to $22 billion of assets in second quarter

June 30, 2020

Via: CNBC energy

Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets by up to $22 billion in the second quarter, after revising down its long-term outlook for oil and gas prices. It comes after […]

Commercialization, Conventional Fuels

Shell Slashes Dividend: ‘We Don’t Know What’s On The Other Side’

April 30, 2020

Via: Forbes

Royal Dutch Shell surprised the oil world today, slashing its dividend — for the first time since World War II — by 66%. At a press briefing, Shell CEO Ben Van Beurden explained the dramatic decision: “We live in a […]