Shell to book up to USD4.5 billion impairment reversal

08.07.2022

Shell PLC, one of Kazakhstan’s leding upstream investors and operators, on Thursday said it expects to book an impairment reversal of up to USD4.5 billion on an improving commodity price outlook.

The London-based oil major expects to book impairment reversals in a range of USD3.5 billion to USD4.5 billion, due to...