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
13 March 2026

TXF Export Finance Perfect 10: Bigger, bolder and greener

What TXF's 2025's award-winning export financings say about the state of the market in 2025. It was a year when all of the promise of the ECA-backed market - in size, ambition...

Video
16 March 2026

EIFO’s CEO travels from professional pessimist to reluctant...

Is the Danish export credit agency punching under its weight? EIFO CEO Peder Lundquist discusses how the ECA is evolving its unique model post-merger, upping its emphasis on...