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2022-03-10

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Shell Faces $400 mln Writedown on Russian Downstream Assets

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Shell said in its annual report on Thursday.</p><p>The downstream assets come on top of $3 billion mentioned in its Feb. 28 announcement, a company spokesperson said.</p><p>Shell&#39;s looming writedowns come amid a mass exodus of western oil majors, which includes BP    facing a $25 billion writedown for its planned divestment of Russian assets.</p><p>France&#39;s TotalEnergies    has said it is sticking with its Russian investments.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shell Faces $400 mln Writedown on Russian Downstream Assets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShell Faces $400 mln Writedown on Russian Downstream Assets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-10 18:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>LONDON, March 10 (Reuters) - Shell    faces writedowns on $400 million in Russian downstream assets, it said on Thursday, having announced $3 billion worth of other projects previously.</p><p>The oil major announced on Feb. 28 that it would quit its ventures in Russia with Gazprom    and related entities including the flagship Sakhalin 2 liquefied natural gas <a href=\"https://laohu8.com/S/LNG.AU\">$(LNG.AU)$</a> plant and the Nord Stream 2 pipeline project.</p><p>&#34;It is expected that these decisions ...will impact the carrying value of the related assets and lead to recognition of impairments in 2022,&#34; Shell said in its annual report on Thursday.</p><p>The downstream assets come on top of $3 billion mentioned in its Feb. 28 announcement, a company spokesperson said.</p><p>Shell&#39;s looming writedowns come amid a mass exodus of western oil majors, which includes BP    facing a $25 billion writedown for its planned divestment of Russian assets.</p><p>France&#39;s TotalEnergies    has said it is sticking with its Russian investments.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4144":"石油与天然气的储存和运输","LNG":"Cheniere Energy Inc","RYDAF":"SHELL PLC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2218257818","content_text":"LONDON, March 10 (Reuters) - Shell    faces writedowns on $400 million in Russian downstream assets, it said on Thursday, having announced $3 billion worth of other projects previously.The oil major announced on Feb. 28 that it would quit its ventures in Russia with Gazprom    and related entities including the flagship Sakhalin 2 liquefied natural gas $(LNG.AU)$ plant and the Nord Stream 2 pipeline project.\"It is expected that these decisions ...will impact the carrying value of the related assets and lead to recognition of impairments in 2022,\" Shell said in its annual report on Thursday.The downstream assets come on top of $3 billion mentioned in its Feb. 28 announcement, a company spokesperson said.Shell's looming writedowns come amid a mass exodus of western oil majors, which includes BP    facing a $25 billion writedown for its planned divestment of Russian assets.France's TotalEnergies    has said it is sticking with its Russian investments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":579,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["JE"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":30,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/635895431"}