You are here

Shell slows refining, takes up to US$800m hit after oil crash

London

ROYAL Dutch Shell slowed refining output and will write down up to US$800 million in the first quarter of 2020 after a dramatic drop in oil demand due to the coronavirus.

In an update ahead of Q1 results, Shell said it expects "significant uncertainty" over oil and gas...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes