Shell Anticipates $2B Tax Impairment in the Current Quarter: 3 Other Things to Know About This Stock

By |2024-07-05T16:13:51+00:00July 5th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shell Plc (SHEL) announced that it’s anticipating up to a $1.5 billion to $2 billion tax impairment for having to halt its Netherlands biofuels production facility. The divestment of its chemicals refinery in Singapore will play a part in the impairment as well. The Netherlands site could generate as much as 820K metric tons [...]