(EnergyAsia, August 5 2013, Monday) — Royal Dutch Shell has put a pin into what could be the shale bubble which it said contributed to a 60% plunge in its second quarter profit. The European major wrote off the value of its North American shale assets by more than US$2 billion after tax, causing earnings…
COMPANY: Shell hit by over US$2 billion shale write-off, second quarter earnings down 60%
Posted on August 4, 2013 by EnergyAsia