Shell outlines level of damage to first-quarter earnings on lower realized oil and LNG prices

Tuesday, 31 March 2020

Royal Dutch Shell has revised its first-quarter earnings outlook for 2020 because of the oil market slump and expects to take a post-tax hit of between $400 million to $800 million after earlier exiting the US Lake Charles LNG project to reduce investment levels.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial