Shell profit more than doubles as Middle East volatility powers $9.8 billion quarter
Shell’s Q2 adjusted earnings rose to $9.8bn, beating analyst expectations and more than doubling from a year earlier. Strong LNG and oil trading, higher commodity prices and improved refining and chemicals margins outweighed a 31%… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Shell reports stronger gas trading as Middle East disruption cuts Q2 output
Shell has raised its Q2 production guidance for integrated gas, LNG and upstream, while forecasting significantly stronger gas trading earnings than in the first quarter. The upgrade does not erase the operational impact of the… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Shell sees LNG demand rising 65% by 2050 as Asia reshapes global market
Shell expects global LNG demand to rise from 422 million tonnes in 2025 to nearly 700 million tonnes a year by 2050, driven chiefly by South and Southeast Asia. The forecast comes as disruption in… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]