Shell announces third major asset write-down in 2020

Shell has written off close to $22 billion of the value of its assets in 2020 due to the impact of the coronavirus pandemic on the outlook for prices

Write-down: Royal Dutch Shell chief executive Ben van Beurden — Write-down: Royal Dutch Shell chief executive Ben van BeurdenPhoto AFP/SCANPIX

Gareth Chetwynd

Appomattox Shell Australia LNG Americas

Published 21 December 2020, 16:46Updated 21 December 2020, 16:46