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SHEL Shell Plc

2,625.00
12.00 (0.46%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  12.00 0.46% 2,625.00 2,627.50 2,628.50 2,636.50 2,613.00 2,624.00 11,155,529 16:35:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9804 8.82 170.68B

Woodside Slows Progress on Browse LNG Development

15/12/2014 10:25pm

Dow Jones News


Shell (LSE:SHEL)
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From Mar 2019 to Mar 2024

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   By Ross Kelly 
 

SYDNEY--Woodside Petroleum Ltd. (WPL.AU) said Tuesday it's delayed making a decision on whether to proceed with the Browse gas-export joint venture.

Woodside and partners including Royal Dutch Shell PLC (RDSA.LN) and BP PLC (BP.LN) will now target a final investment decision in mid-2016, back from previous guidance of the second half of 2015, Woodside said.

Analysts estimate the floating liquefied natural gas project could cost around US$40 billion to build.

LNG is typically sold in contracts linked to the oil price, which has tumbled in recent months due to a global supply glut.

Write to Ross Kelly at ross.kelly@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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