Shell’s fourth-quarter results will include impairment charges of up to $4.5 billion, which would be partly offset by a strong gas trading business, the UK-based supermajor said on Monday. Shell expects non-cash post tax impairments – which will be reported as identified items – of between $2.5 billion and $4.5 billion for the fourth quarter, “primarily driven by macro & external developments as well as portfolio choices, including the Singapore Chemicals & Products assets.” In addition,…
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