Expenses must be shelved by selling off assets.
That is Shell's ambition after last year's billion-dollar acquisition of BG Group, which positioned Shell well within the LNG market and certain areas within Brazil, but also saddled the company with a huge debt – one worth approximately USD 78 billion at the end of the third quarter last year.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
H2 Energy calls for political courage, high carbon levy
Swiss firm H2 Energy, set to establish a 1GW hydrogen facility in Denmark, sees the transformation of heavy transport as a low-hanging fruit and calls for political courage to secure offtakers.
WindEurope warns against negative auction bids
If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.
BW Offshore halved bottom line in Q1
The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.
Equinor exits Russia
Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.
Better Energy enters 1GW Finnish collaboration
Solar panel developer Forus is teaming up with Better Energy on the sustainable development of solar farms in Finland.
Junior Product Manager 
Project Developer 
We are looking for project managers who will help shape the green transition and develop the business area "Sustainable Energy" 
Senior Market Director, Power Transmission 
Pipeline Manager 
Experienced Contract Manager for one of the world's most important green projects 
Industry specialist and architect - Energy & Utility 
Compliance Officer with an interest in sustainability 
Strategic Business Development Consultant 
Team Manager 
Strategic project manager for the green transition 
Marine Sales Executive - Performance Coatings