• 01/20/2025

Shell to Book Charge as Upstream Output Falls

Wall Street Journal

Shell said it expected to book after-tax impairments of up to $3 billion for the second quarter of 2023, and that upstream production declined from the first three months of the year.

https://www.wsj.com/articles/shell-to-book-up-to-3-bln-of-2q-impairments-upstream-production-fell-on-quarter-abb8457b