UK major Shell to take impairment charges on Singapore assets amid forecasts of gas and LNG trading boosts

Tuesday, 09 January 2024

UK major Shell expects to take non-cash impairment charges of between $2.5 billion to $4.5Bln for the fourth quarter, mainly related to the Singapore refining and chemicals hub that Shell is seeking to sell off, though quarterly income attributable to shareholders was expected to remain at around $7 billion.


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Last modified on Tuesday, 09 January 2024 07:42
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