Profit Warnings and Production Cuts: Shell Faces Tough Energy Headwinds
Rextag
JANUARY 9, 2025
Shell has issued a stark warning about a significant drop in earnings from its integrated gas division and reduced production guidance across its oil and gas segments. The announcement highlights the ongoing challenges facing the energy giant. 30 earnings release, Shell revealed plans to book a noncash post-tax impairment of $1.5
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