Royal Dutch Shell Plc  .com Rotating Header Image

Shell’s fire sale

Screen Shot 2013-09-16 at 00.01.41

Screen Shot 2013-12-22 at 19.09.52Royal Dutch Shell’s decision to unload a massive amount of assets is a troubling sign. Shell’s fire sale casts into doubt how effective it can be in producing growth this year, even with its promising projects. Shell recently suspended drilling in the Arctic. It’s also selling a stake in a liquefied natural gas project in Australia for $1.1 billion and may also consider unloading an interest in a U.S. pipeline project. These actions are part of a broader initiative in which Shell intends to sell $15 billion worth of assets over the next two years.

FULL ARTICLE and its sister non-profit websites,,,,,, and are owned by John Donovan. There is also a Wikipedia feature.

0 Comments on “Shell’s fire sale”

Leave a Comment

%d bloggers like this: