About: http://data.cimple.eu/news-article/8af95ab8bcae5c0bbf838f0c38121fe44092510fafe1768001bd2a10

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About: http://data.cimple.eu/news-article/8af95ab8bcae5c0bbf838f0c38121fe44092510fafe1768001bd2a10 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Royal Dutch Shell forecast Wednesday that this year's deadly Texas winter storm will cost the Anglo-Dutch energy giant up to $200 million in the first quarter. That is equivalent to almost 170 million euros. "The Texas winter storm had an impact on our operations and is expected to have an aggregate adverse impact of up to $200 million on adjusted earnings," Shell said in a statement. Last year, Shell plunged into a net loss of $21.7 billion as factories shut and planes were grounded owing to the coronavirus pandemic. The Texas storm was expected to curb production by between 10,000 and 20,000 barrels of oil equivalent per day (boepd) during the three months to the end of March, the statement said. Total production is expected to climb to between 2.4 and 2.475 million boepd, up from 2.371 million in the fourth quarter. February's polar vortex storm killed dozens of people, left millions without electricity and water, caused billions of dollars of damage to the sector and forced several Texas electric firms to file for bankruptcy. The freezing temperatures also caused outages at energy installations -- natural gas-fired power plants, wind turbines and nuclear plants -- which are not typically insulated as they are in other states with colder climates. ved-rfj/wai
schema:headline	Shell says Texas winter storm to cost $200m
schema:mentions	Royal Dutch Shell World energy consumption Bankruptcy Winter storm Wind power Texas Pandemic Severe acute respiratory syndrome coronavirus 2 Tonne of oil equivalent Polar vortex
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-07 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	63 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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