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Added on the 28/07/2016 13:30:16 - Copyright : Reuters EN
Royal Dutch Shell has reported a hefty $8.2 billion charge, equivalent to around 5 percent of its market value, due to write-offs on projects in the Alaskan Arctic and Canada. As Hayley Platt reports Europe's biggest oil producer isn't the only oil major grappling with weak oil prices - the whole industry is gradually slipping into a loss.
Greenpeace activists dressed as Shell board members hold a mock profits party behind a burning sign reading "Your Future" outside the company's headquarters as it released its annual results. Shell announced a post-tax profit of $19.4 billion for 2023, a slump from $42.3 billion in 2022 when prices soared to a record on the Ukraine conflict. IMAGES
UN Secretary-General Antonio Guterres skewers oil firms for having "peddled the big lie" about their role in global warming, telling the World Economic Forum that they should be held accountable. SOUNDBITE
London (United Kingdom) , Feb 4 (EFE), (Camera: Claudia Sacrest).- The Shell oil company recorded an attributable loss of over 21 billion dollars. The oil company acknowledges that, as a result of the covid-19 pandemic, there is significant uncertainty in macroeconomic conditions that may have a negative impact on demand for oil, gas and oil products. FOOTAGE OF A SHELL SERVICE STATION.
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