Shell warns of weaker 4th quarter LNG, oil trading

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 trims Q4 LNG production outlook
Shell on Wednesday trimmed its LNG production outlook for the fourth quarter and said trading results for its chemicals and oil products division are expected to be significantly lower than in the third quarter.
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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 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.
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