FROM A SHELL RELATED SOURCE
John
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An article published overnight – As Shell sells off even more major shale assets, what could be next? – mentions a figure of $30bn invested by Shell in shale projects.
The write off that Shell announced recently is just $2bn.
How much of the remaining $28bn will shareholders ever see again?
There is probably some very bad news coming…
PREVIOUS POSTING FROM SAME SOURCE:
Voser’s on the way out…. let’s book the losses!
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