Oil major Shell to write down up to $22 billion of assets in second quarter  CNBCView Full Coverage on Google News

Royal Dutch Shell is writing down the value of its assets by up to $22 billion because of lower energy prices following the demand-sapping coronavirus pandemic.Royal Dutch Shell is writing down the value of its assets by up to $22 billion because of lower energy prices following the demand-sapping coronavirus pandemic.

Shell Takes $22 Billion Write-Down, Expecting Lower Oil and Gas Prices - WSJ

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(Bloomberg) -- Royal Dutch Shell Plc said it will write down between $15 billion and $22 billion in the second quarter, as the company gave investors a wider glimpse of just how severely the coronavirus crisis has hit Big Oil.The pandemic left no part of the energy giant’s sprawling business unscathed(Bloomberg) -- Royal Dutch Shell Plc said it will write down between $15 billion and $22 billion in the second quarter, as the company gave investors a wider glimpse of just how severely the coronavirus crisis has hit Big Oil.The pandemic left no part of the energy giant’s sprawling business unscathed

Shell Warns of Multibillion Writedown as Virus Curbs Oil Demand

The oil giant said it was downgrading its long-term oil price forecasts and writing-off up to $22bn on the value of its assets as a result.The oil giant said it was downgrading its long-term oil price forecasts and writing-off up to $22bn on the value of its assets as a result.

Shell to write-off $15-22bn as a result of COVID-19, oil price crash

Dutch British oil and gas major Royal Dutch Shell has presented in its latest update today a very bearish view on the oil and gas market.Dutch British oil and gas major Royal Dutch Shell has presented in its latest update today a very bearish view on the oil and gas market.

Royal Dutch Shell said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked oil and gas demand and weakened the energy price outlook.Royal Dutch Shell said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked oil and gas demand and weakened the energy price outlook.

Shell to write down as much as $22 billion after coronavirus hit - Reuters

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The oil giant says cheaper crude prices mean its assets are not worth as much as they used to be.The oil giant says cheaper crude prices mean its assets are not worth as much as they used to be.

Shell takes $22bn hit over low oil prices - BBC News

Royal Dutch Shell (RDSa.L) said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked oil and gas demand and weakened the energy price outlook.Royal Dutch Shell (RDSa.L) said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked oil and gas demand and weakened the energy price outlook.

Shell to write down as much as $22 billion after coronavirus hit | Article [AMP] | Reuters

LONDON, June 30 — Anglo-Dutch energy giant Royal Dutch Shell will take a vast second-quarter charge of up to US$22 billion (RM94 billion) due to coronavirus and collapsing oil prices, it announced today. The company said in a statement that it will face a charge of between US$15 billion and US$22...LONDON, June 30 — Anglo-Dutch energy giant Royal Dutch Shell will take a vast second-quarter charge of up to US$22 billion (RM94 billion) due to coronavirus and collapsing oil prices, it announced today. The company said in a statement that it will face a charge of between US$15 billion and US$22...

Shell says will take up to US$22b hit from coronavirus | Money | Malay Mail

Royal Dutch Shell on Tuesday said it will write down the value of its assets by up to US$22 billion after lowering its long-term outlook on oil ...Royal Dutch Shell on Tuesday said it will write down the value of its assets by up to US$22 billion after lowering its long-term outlook on oil ...

Shell to take up to US$22 billion writedown after climate review - CNA

Shell to cut £18bn from value of assets amid coronavirus crisis | Royal Dutch Shell | The GuardianCompany follows BP in facing impact of oil price collapse in the wake of Covid-19 outbreak

Shell to cut £18bn from value of assets amid coronavirus crisis | Royal Dutch Shell | The Guardian

LONDON (BLOOMBERG) - Royal Dutch Shell will write down between US$15 billion and US$22 billion (S$30.7 billion) in the second quarter, as the company gave investors a wider glimpse of just how severely the coronavirus crisis has hit Big Oil.. Read more at straitstimes.com.Companies & Markets News -LONDON (BLOOMBERG) - Royal Dutch Shell will write down between US$15 billion and US$22 billion (S$30.7 billion) in the second quarter, as the company gave investors a wider

Shell to write down up to US$22 billion as virus hits big oil, Companies & Markets News & Top Stories - The Straits Times

The oil major expects fuel sales to slump 40pc in the second quarter due to global travel restrictions The oil major expects fuel sales to slump 40pc in the second quarter due to global travel restrictions

Shell braces for $22bn hit from oil price crash

The UK economy contracted by more than first thought between January and March as the coronavirus crisis saw activity tumble 2.2 per cent in the joint largest fall since 1979The UK economy contracted by more than first thought between January and March as the coronavirus crisis saw activity tumble 2.2 per cent in the joint largest fall since 1979

BUSINESS LIVE: Largest economic fall in 41 years reported; | This is Money

LONDON: Royal Dutch Shell on Tuesday said it will write $22 billion off the value of its assets after sharply lowering its oil and gas price outlook in the wake of the coronavirus pandemic.LONDON: Royal Dutch Shell on Tuesday said it will write $22 billion off the value of its assets after sharply lowering its oil and gas price outlook in the wake of the coronavirus pandemic.

Shell to write down as much as US$22b due to Covid-19 | The Star

The move comes amid a climate-focused review of its operation, after it laid out plans reduce greenhouse gas emissions to net zero by 2050.The move comes amid a climate-focused review of its operation, after it laid out plans reduce greenhouse gas emissions to net zero by 2050.

Shell warns of up to £17.9bn hit to assets after oil price slump | Barrhead News

Royal Dutch Shell has given warning that it will book up to $22 billion in impairment charges after cutting its forecasts for oil and gas prices and refining margins.The Anglo-Dutch oil giant saidRoyal Dutch Shell has given warning that it will book up to $22 billion in impairment charges after cutting its forecasts for oil and gas prices and refining margins.The Anglo-Dutch oil giant said

Anglo-Dutch energy giant Royal Dutch Shell will take a vast second-quarter charge of up to $22 billion due to coronavirus and collapsing oil prices, it announced Tuesday.  Anglo-Dutch energy giant Royal Dutch Shell will take a vast second-quarter charge of up to $22 billion due to coronavirus and collapsing oil prices, it announced Tuesday. 

Shell says will take up to $22 billion hit from coronavirus | ABS-CBN News

Royal Dutch Shell said today it will write $22 billion off the value of its assets after sharply lowering its oil and gas price outlook in the wake of the coronavirus pandemic.Royal Dutch Shell said today it will write $22 billion off the value of its assets after sharply lowering its oil and gas price outlook in the wake of the coronavirus pandemic.

Shell to take $22 billion writedown on climate review

Anglo-Dutch energy giant Royal Dutch Shell will take a vast second-quarter charge of up to $22 billion due to coronavirus and collapsing oil prices, it announced Tuesday.Anglo-Dutch energy giant Royal Dutch Shell will take a vast second-quarter charge of up to $22 billion due to coronavirus and collapsing oil prices, it announced Tuesday.

Shell says it will take up to $22 billion hit from coronavirus | Fin24