{"id":75037,"date":"2020-07-29T02:46:00","date_gmt":"2020-07-29T06:46:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=75037"},"modified":"2020-07-31T02:54:15","modified_gmt":"2020-07-31T06:54:15","slug":"shell-posts-net-loss-of-18-3-billion-in-the-second-quarter-after-huge-write-down","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2020\/shell-posts-net-loss-of-18-3-billion-in-the-second-quarter-after-huge-write-down.html","title":{"rendered":"Shell posts net loss of $18.3 billion in the second quarter after huge write-down"},"content":{"rendered":"<p>(CNBC) Oil giant Royal Dutch Shell on Thursday reported a sharp net loss year-on-year, following an unprecedented period of energy market turmoil and significantly weaker oil and gas prices. The Anglo-Dutch company reported that net income attributable to shareholders on a current cost of supplies (CCS) basis and excluding identified items, which is used as a proxy for net profit, came in at a loss of $18.3 billion for the second quarter of 2020.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/07\/30\/shell-q2-earnings-results.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Oil giant Royal Dutch Shell on Thursday reported a sharp net loss year-on-year, following an unprecedented period of energy market turmoil and significantly weaker oil and gas prices. The Anglo-Dutch company reported that net income attributable to shareholders on [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75037","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75037"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75037\/revisions"}],"predecessor-version":[{"id":75038,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75037\/revisions\/75038"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}