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SHEL Shell Plc

2,775.00
-32.50 (-1.16%)
Last Updated: 14:43:55
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -32.50 -1.16% 2,775.00 2,775.50 2,776.00 2,812.50 2,775.00 2,802.00 2,844,617 14:43:55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9846 9.36 182.1B

Oil Majors Close to Settling $5 Billion Dispute With Kazakhstan, Bloomberg Reports

16/01/2024 12:46pm

Dow Jones News


Shell (LSE:SHEL)
Historical Stock Chart


From Jul 2023 to Jul 2024

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--Oil majors Shell, Eni, Exxon Mobil and TotalEnergies have prepared a draft settlement what would stop Kazakh authorities pursuing a potential $5 billion environmental fine, Bloomberg reports, citing unnamed sources.

--The draft includes a pledge for additional investment in social projects amounting to $110 million over the next two years, Bloomberg reports.

--The settlement would follow the companies' legal victory last year, after which the government continued to pursue the fine at the appeals court, according to Bloomberg.

--Shell, Eni, Exxon Mobil and TotalEnergies weren't immediately available to comment when contacted by Dow Jones Newswires.

 

Full story: http://tinyurl.com/2z7wnw78

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

January 16, 2024 07:31 ET (12:31 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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