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Shell’s Oil Isn’t Stranded Today, But Tomorrow Matters More

Current oil reserves are only part of the equation for assessing future risks.

Photographer: Andrey Rudakov/Bloomberg

By Liam Denning: 

Royal Dutch Shell Plc released a report on Thursday designed to address such concerns. The company estimates that 80 percent of its proved oil and gas reserves will be produced by the end of 2030. Given that’s only 12 years away, the thinking goes, the bulk of the value in Shell’s upstream business looks pretty safe even if more of our energy use begins to transition away from fossil fuels through the 2020s. FULL ARTICLE

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