Shell gets $1 bln refining boost, upgrades oil and gas assets
LONDON, July 7 (Reuters) – Shell (SHEL.L) said on Thursday surging demand for oil products that had almost tripled refining profits in the second quarter would boost earnings by up to $1.2 billion.
In an update before second quarter results on July 28, Shell also said it would reverse up to $4.5 billion in writedowns on oil and gas assets…
Read MoreOIL and GAS journal top tips today
The oil and gas industry has been at technology’s forefront in oil extraction, transportation and refining. Yet the industry has been slow to digitalize its assets, projects and business processes. To help boost business innovation, the Oil and Gas Journal has created an ebook with common challenges within oil and gas companies, tips to identify these challenges and digital solutions offered by…
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