Shell sounds impairment warning amid oil price crash

Anglo-Dutch operator also narrows production forecasts for the first three months of 2020

Shell: the supermajor has warned it will book up to $800 million in post-tax impairment charges for the first quarter — Shell: the supermajor has warned it will book up to $800 million in post-tax impairment charges for the first quarterPhoto: AFP/SCANPIX

Josh Lewis

Perth

Shell Netherlands United Kingdom Europe Western Europe

Published 31 March 2020, 07:39Updated 31 March 2020, 08:45