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Shell trims LNG production Outlook for Q4
Shell warns of weaker fourth quarter LNG, oil trading
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.
Shell cuts production forecast for LNG, warns weaker Q4
Shell ( NYSE: SHEL) trimmed its Q4 forecast; reduced its LNG production forecast to between 6.8 and 7.2 million metric tons, down from a previous estimate of 6.9 to 7.5 million metric tons, and lower than Q3's 7.5 million metric tons. It sighted lower feedgas deliveries and fewer cargos shipments.
Shell trims LNG production outlook for Q4, says O&G trading results to be lower
In a trading update ahead of its Q4 results, Shell (SHEL) said it expects Trading & Optimization results to be “significantly lower” than
Shell flags weaker gas production
Shell has cut its liquefied natural gas production forecast for the fourth quarter of 2024 and warned that results from its trading business will be lower than in the third quarter. The UK oil major,
Wall Street Breakfast Podcast: Shell Lowers Q4 Outlook, Trims LNG Output
Shell cuts production forecast for LNG, warns weaker Q4. Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal. Delta to link SkyMiles program to Uber, ending Lyft partnership.
Shell Flags Weaker Q4 LNG Output and Significantly Lower Trading
Shell expects lower profits in the fourth quarter of 2024 due to seasonality, timing issues, and a $1.3 billion charge, impacting LNG production, trading, and renewables.
9h
Shell shareholders file resolution asking oil giant for transparency on LNG strategy, climate goals
The proposal calls out Shell’s plans to increase its sales of liquified natural gas and asks how the company justifies its ...
Edie
3h
Shell accused of backing ‘carbon-neutral’ LNG claims with dud carbon credits
An investigation into carbon credits purchased by Shell to claim that dozens of its liquefied natural gas shipments were ...
2d
on MSN
Shareholders' climate resolution challenges 'disconnect' in Shell's LNG strategy
Shell's plans to increase sales of liquefied natural gas (LNG) have been called into question by a by major group of ...
1d
Shell Faces Heavy Investor Scrutiny Over LNG Expansion Plans
SHEL faces investor backlash over concerns surrounding its LNG sales increase plan conflicting with its climate commitments.
Edie
1d
British investors ask Shell to justify how LNG expansion plans align with climate goals
Institutional investors urge Shell to justify its LNG growth strategy amid climate commitments concerns, emphasising transparency for responsible capital allocation.
1d
Shell warns of £1bn hit in fourth quarter from emissions certificates payments
The energy major said on Wednesday that the charge is 'related to timing of payments of emissions certificates' in Germany ...
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