OPERATIONS

Shell likely to write down US$400M in Russian assets

SHELL has announced in its annual report that it will likely see US$400 million in write downs in relation to its Russian downstream assets.

Mark Tilly

No word on when Prelude will restart

Following Russia's invasion of Ukraine at the end of last month, Shell said it would walk away from its ventures with Gazprom and related entities including the Sakhalin 2 LNG plant and the Nord Stream...

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