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The Anglo Dutch group cut its long term refining

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cheap canada goose uk The Anglo Dutch company has already been preparing a major overhaul after CEO Ben van Beurden laid out plans in April to reduce Shell’s greenhouse gas emissions to net zero by 2050.Shell, which has a market value of $126.5 billion, said it would take an aggregate post tax impairment charge of $15 billion to $22 billion in the second quarter.Its shares were down 2% by 0820 GMT.Credit Suisse analyst Thomas Adolff said the second quarter would be the toughest for many companies and Shell had sent a «wake up call.»Shell’s move follows BP’s decision to wipe off up to $17.5 billion from its assets, as it responds to the coronavirus crisis and shifts to low carbon energy.Shell responded to the epidemic by cutting its dividend for the first time since World War Two and cutting spending in 2020 to a maximum of $20 billion from $25 billion. It aims to announce its restructuring plan by the end of 2020.LOWER PRICESShell reduced its expected average benchmark Brent crude price for 2020 to $35 a barrel from $60, and cut its 2021 and 2022 forecasts to $40 and $50, respectively, also down from $60.Shell said its long term oil price outlook was now $60. That compares to BP which cut its long term Brent forecast to $55 from $70, while other rivals still have higher projections.The Anglo Dutch group cut its long term refining profit margin outlook by 30% and set its long term natural gas price at $3 per million British Thermal Units (BTUs).. cheap canada goose uk

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canada goose store In place of them, funeral homes are hosting non public viewings or abbreviated services for which no more than 10 people are allowed to congregate at one time.These 10 people encompass staff and employees of the funeral home, limiting the number of visitors to a single digit amount.George Kelder Jr., executive director of the New Jersey State Funeral Directors Association, said he has had to train himself to replace «immediate family members» with «legal next of kin» in service or viewing related conversations.»There may be people in the family that are not the next of kin, and so we need to limit them, and we need to limit the time that they have to say their goodbyes,» Kelder said. «We try to assist them the best we can under these circumstances, but it’s for everyone’s safety the funeral homes, the families, the general public’s that we follow the social distancing guidelines that are in place.»Despite the indefinite cancellation of public services, Kelder said the cremation rate of New Jersey decedents has remained at 50%, unchanged by the circumstances.»If people are going to bury, they’re going to bury. If they’re going to cremate, they’re going to cremate,» Kelder explained.He noted funeral homes throughout the Garden State are offering to host memorial services for individuals lost during the coronavirus outbreak at a later date, after the state of emergency has been lifted.»Funeral homes will be following up with families after the pandemic passes to see, creatively, what type of memorialization and public gathering they can have so that the general public and the community can share their condolences,» Kelder said.’People are still passing away’One of these funeral homes is Nazare Memorial Home in Lyndhurst, confirmed to be open and operational by manager and licensed funeral director Karen Nazare Zitman.»We are open because people are still passing away,» Zitman said canada goose store.

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