Shell has written down the value of some of its gas assets, including its Queensland Curtis project in Australia.
As the Shift to Green Energy Speeds Up, Shell’s Big Natural-Gas Bet Is at Risk. The fuel faces growing environmental scrutiny and competition from cleaner energy sources
By Sarah McFarlane: March 27, 2021 5:30 am ET
LONDON— Royal Dutch Shell PLC bet big on natural gas as the energy source of the future when it bought BG Group for $54 billion. Five years later, it appears the gas era won’t last long.