News
30 June 2020

Shell warns of $15bn-$22bn writedown as COVID-19 hits oil demand

In:
Oil & gas
Region:
Europe

Royal Dutch Shell said it will write down between $15 billion and $22 billion in the second quarter as the company gave investors a wider glimpse of just how severely the coronavirus crisis has hit Big Oil.The pandemic left no part of the energy giant’s sprawling business unscathed. Shell lost...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
09 January 2026

Vulcan lithium: DFIs and ECAs combine for critical minerals

The EIB is anchoring another major DFI-ECA package for a major European energy transition project. Can it succeed where earlier complex mega-projects have struggled?

Video
13 January 2026

Dealmakers: Silvia Gavornikova, OECD

TXF spoke with Silvia Gavornikova, head of export credit and competition at the OECD, to outline the slight uptick in overall support by ECAs under the Arrangement, as well as...