Shell commits to $6.4bn gas project despite energy slump

FINANCIAL TIMES 🔒| Royal Dutch Shell will push ahead with a planned A$10bn ($6.4bn) gas project in Australia, despite the coronavirus pandemic prompting one of the worst downturns in the energy industry in decades. The decision on Friday to approve the long-delayed first stage of the Arrow Energy development in Queensland comes on the back of tens of billions of dollars in capital expenditure cuts in the oil and gas sector.


To read full article, click here (subscription required).


  • LinkedIn
  • Twitter

© 2020 Energen. This website represents a proof of concept of the future platform