it expects to take a hit of up to $5 billion in the first quarter of 2022 following its decision to leave Russia, one of the first indications of the wider financial fallout of Vladimir Putin’s invasion of Ukraine for the sector as companies around the world cut ties with Moscow.
The write-down will not impact the company’s earnings, which are set to be announced in early May, Shell said.Shell is not the only energy company to be impacted: BP faces a hit of up to $25 billion for leaving Russia, the company
Imagine how much they made when they raised the price of the oil, even though they only get 3% oil from Russia 😜
That’s nothing comparing to human lives
They decided to leave
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Shell to book up to $5 billion in impairments on Russian operationsShell PLC on Thursday warned that it will book post-tax impairments of $4 billion to $5 billion in the first quarter related to its activities in Russia. Everyone keep talking about your diligence and honesty and I must say that you are very transparent in your mood of operation and promises, thank you MarkdonaldTowns for transforming my life for the best financially. Mhhh impairment.. what jargon is this 😳
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Boston Marathon bans runners from Russia, Belarus weeks before raceThe Boston Athletic Association joins several international sports groups that have barred Russian and Belarusian athletes in the fallout from Russia’s invasion of Ukraine. This is stupid! Why? Are they all pro-war? How is banning ordinary Russians helping hurt Putin? Or are the folks running the Boston marathon too dumb to understand this fact?
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Ukraine Asks NATO for ‘Weapons, Weapons and Weapons'; Shell Reveals Financial Hit of Leaving Russia. Follow Our Live UpdatesUkraine asks for heavy weapons as Russian strikes increase. Well here is the Ukraine doing the massacre. Reported by the New York Times.
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Ukraine pays tribute to 'Russian' brothers killed fighting Putin's invasionThe two Ukrainian soldiers' father was able to retrieve their bodies and take them away from the battlefield for their funeral. LOVE will prevail.... Very important for the victory and reconstruction They did not die in vain but as an example for all Russians. Russian military vehicles continuously railed towards Ukraine via YouTube
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