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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 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,
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
14h
on MSN
Shell writes down Namibia oil discovery in blow to country
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...
1d
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.
1d
Shell takes $1.3bn emissions payments hit amid 'significantly lower' profits
Shell has warned of a $1.3billion cashflow impact for the fourth quarter of 2024 due to payments of emissions certificates.
23h
on MSN
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 ...
Channel NewsAsia Singapore
3h
Man charged with creating shell companies, applying for work passes in exchange for money
Under the EFMA, those convicted of obtaining work passes for foreign employees for a business that does not exist, that is ...
8h
on MSN
Historic Shell gas station in Carmel converted to Chevron
A historic Shell gas station in Carmel, once owned by Mario Andretti, has been converted to a Chevron, causing community ...
Upstream
8h
Deepwater and ultra-deepwater: SLB wins 'series' of major drilling contracts from Shell
New York-listed contractor will work on supermajor's assets in the Gulf of Mexico, UK North Sea and Trinidad and Tobago ...
18h
Shell Awards Schlumberger Three-Year, Multi-Region Deepwater Contracts: Details
Schlumberger secured major contracts from Shell for energy development in various locations, leveraging its AI and ultra-deepwater expertise.
19h
Shell Flags Lower Gas Earnings as 2024 Ended on a Weak Note
Shell Plc said it saw lower volumes of natural gas and weaker earnings from trading the fuel in the final three months of ...
1d
on MSN
Shell Warns of Significantly Lower Integrated Gas Earnings, $1.3 Billion Emissions-Permit Hit
The energy giant said it expects to report significantly lower earnings in its integrated gas division and warned of a $1.3 ...
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Peter Seidler
San Diego Padres
Liquefied natural gas
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