Shell has said before it was investing some “10 to 15 billion dollars between 2023-25 in low-carbon energy solutions,” representing 23 percent of its total capital expenditure.
A Bloomberg report that workers on Chevron’s Gorgon and Wheatstone LNG projects have delayed strike action until Friday is being viewed as a sign talks are going well, as strikes were meant to begin Thursday. The positive conclusion to last week’s talks between Woodside and unions is another indication the worst-case scenario is unlikely.